[gandalf]

Kev, man. That is such a good question. Just came up the board the other day.

I used to think there would be big-time inflation. No other way to get out from underneath all the debt that’s been piled up last decade. 10% for 5-10 years or so.

On the other side, inflation causes oil to spike, which depresses activity further, etc. We’re walking a pretty thin tightrope to keep our economy out of a very severe recession, holding an economic meltdown at bay.

Bottom line is I don’t know what’s going to happen anymore.

If inflation becomes the order of the day, you’re exactly right. Speculation is rewarded, and people who worked and saved and built wealth in the value-based economy are penalized. An absurd economic outcome.

[gandalf]

Kev, man. That is such a good question. Just came up the board the other day.

I used to think there would be big-time inflation. No other way to get out from underneath all the debt that’s been piled up last decade. 10% for 5-10 years or so.

On the other side, inflation causes oil to spike, which depresses activity further, etc. We’re walking a pretty thin tightrope to keep our economy out of a very severe recession, holding an economic meltdown at bay.

Bottom line is I don’t know what’s going to happen anymore.

If inflation becomes the order of the day, you’re exactly right. Speculation is rewarded, and people who worked and saved and built wealth in the value-based economy are penalized. An absurd economic outcome.

[gandalf]

Kev, man. That is such a good question. Just came up the board the other day.

I used to think there would be big-time inflation. No other way to get out from underneath all the debt that’s been piled up last decade. 10% for 5-10 years or so.

On the other side, inflation causes oil to spike, which depresses activity further, etc. We’re walking a pretty thin tightrope to keep our economy out of a very severe recession, holding an economic meltdown at bay.

Bottom line is I don’t know what’s going to happen anymore.

If inflation becomes the order of the day, you’re exactly right. Speculation is rewarded, and people who worked and saved and built wealth in the value-based economy are penalized. An absurd economic outcome.

[gandalf]

Kev, man. That is such a good question. Just came up the board the other day.

I used to think there would be big-time inflation. No other way to get out from underneath all the debt that’s been piled up last decade. 10% for 5-10 years or so.

On the other side, inflation causes oil to spike, which depresses activity further, etc. We’re walking a pretty thin tightrope to keep our economy out of a very severe recession, holding an economic meltdown at bay.

Bottom line is I don’t know what’s going to happen anymore.

If inflation becomes the order of the day, you’re exactly right. Speculation is rewarded, and people who worked and saved and built wealth in the value-based economy are penalized. An absurd economic outcome.

[gandalf]

Kev, man. That is such a good question. Just came up the board the other day.

I used to think there would be big-time inflation. No other way to get out from underneath all the debt that’s been piled up last decade. 10% for 5-10 years or so.

On the other side, inflation causes oil to spike, which depresses activity further, etc. We’re walking a pretty thin tightrope to keep our economy out of a very severe recession, holding an economic meltdown at bay.

Bottom line is I don’t know what’s going to happen anymore.

If inflation becomes the order of the day, you’re exactly right. Speculation is rewarded, and people who worked and saved and built wealth in the value-based economy are penalized. An absurd economic outcome.

[gandalf]

C’mon, UR. Politics aside, she *is* good-looking. You agree? C’mon, even the women would agree with me. She’s a hottie. Looks aside, I think she’s done some interesting things related to GOP corruption in Alaska.

Actually, Obama’s position at UChicago was definitely not entry-level. He was offered tenure twice, and declined both times. The Senior Lecturer classification is held by senior faculty who teach at the law school but hold full-time careers in the outside world (eg. federal judges).

http://www.factcheck.org/askfactcheck/was_barack_obama_really_a_constitutional_law.html

Speaking of federal judges, Obama was recruited to the University of Chicago by a conservative federal judge appointed by Bush Senior. UChicago is one of the most conservative schools in the country.

All these Obama’s blah-blah liberal types basically don’t know what their talking about. Bunch of red-state blue-state baby boomers with tired-old, worn-out labels. Time for them to retire.

[gandalf]

C’mon, UR. Politics aside, she *is* good-looking. You agree? C’mon, even the women would agree with me. She’s a hottie. Looks aside, I think she’s done some interesting things related to GOP corruption in Alaska.

Actually, Obama’s position at UChicago was definitely not entry-level. He was offered tenure twice, and declined both times. The Senior Lecturer classification is held by senior faculty who teach at the law school but hold full-time careers in the outside world (eg. federal judges).

http://www.factcheck.org/askfactcheck/was_barack_obama_really_a_constitutional_law.html

Speaking of federal judges, Obama was recruited to the University of Chicago by a conservative federal judge appointed by Bush Senior. UChicago is one of the most conservative schools in the country.

All these Obama’s blah-blah liberal types basically don’t know what their talking about. Bunch of red-state blue-state baby boomers with tired-old, worn-out labels. Time for them to retire.

[gandalf]

C’mon, UR. Politics aside, she *is* good-looking. You agree? C’mon, even the women would agree with me. She’s a hottie. Looks aside, I think she’s done some interesting things related to GOP corruption in Alaska.

Actually, Obama’s position at UChicago was definitely not entry-level. He was offered tenure twice, and declined both times. The Senior Lecturer classification is held by senior faculty who teach at the law school but hold full-time careers in the outside world (eg. federal judges).

http://www.factcheck.org/askfactcheck/was_barack_obama_really_a_constitutional_law.html

Speaking of federal judges, Obama was recruited to the University of Chicago by a conservative federal judge appointed by Bush Senior. UChicago is one of the most conservative schools in the country.

All these Obama’s blah-blah liberal types basically don’t know what their talking about. Bunch of red-state blue-state baby boomers with tired-old, worn-out labels. Time for them to retire.

[gandalf]

C’mon, UR. Politics aside, she *is* good-looking. You agree? C’mon, even the women would agree with me. She’s a hottie. Looks aside, I think she’s done some interesting things related to GOP corruption in Alaska.

Actually, Obama’s position at UChicago was definitely not entry-level. He was offered tenure twice, and declined both times. The Senior Lecturer classification is held by senior faculty who teach at the law school but hold full-time careers in the outside world (eg. federal judges).

http://www.factcheck.org/askfactcheck/was_barack_obama_really_a_constitutional_law.html

Speaking of federal judges, Obama was recruited to the University of Chicago by a conservative federal judge appointed by Bush Senior. UChicago is one of the most conservative schools in the country.

All these Obama’s blah-blah liberal types basically don’t know what their talking about. Bunch of red-state blue-state baby boomers with tired-old, worn-out labels. Time for them to retire.

[gandalf]

C’mon, UR. Politics aside, she *is* good-looking. You agree? C’mon, even the women would agree with me. She’s a hottie. Looks aside, I think she’s done some interesting things related to GOP corruption in Alaska.

Actually, Obama’s position at UChicago was definitely not entry-level. He was offered tenure twice, and declined both times. The Senior Lecturer classification is held by senior faculty who teach at the law school but hold full-time careers in the outside world (eg. federal judges).

http://www.factcheck.org/askfactcheck/was_barack_obama_really_a_constitutional_law.html

Speaking of federal judges, Obama was recruited to the University of Chicago by a conservative federal judge appointed by Bush Senior. UChicago is one of the most conservative schools in the country.

All these Obama’s blah-blah liberal types basically don’t know what their talking about. Bunch of red-state blue-state baby boomers with tired-old, worn-out labels. Time for them to retire.

[gandalf]

And on subject of taxation, discussions of fairness re: income tax are ridiculous.

Wealthy people don’t give a damn about income tax. They ‘earn’ through other means. It’s capgains, inheritance, other tax channels.

In principle, I’m for a flat tax on wealth. Everyone and everything — corporations, people, etc. — should pay a flat tax portion on their net worth each year. Everyone receives government services, everyone has to chip in according to their means.

Practicality of this approach seems next to impossible. Any ideas how this could be implemented?

BTW, I agree with you on social security PG. It’s long-term insolvent. We should be paying out based on need as a way to curb the structural imbalance ($$).

[gandalf]

And on subject of taxation, discussions of fairness re: income tax are ridiculous.

Wealthy people don’t give a damn about income tax. They ‘earn’ through other means. It’s capgains, inheritance, other tax channels.

In principle, I’m for a flat tax on wealth. Everyone and everything — corporations, people, etc. — should pay a flat tax portion on their net worth each year. Everyone receives government services, everyone has to chip in according to their means.

Practicality of this approach seems next to impossible. Any ideas how this could be implemented?

BTW, I agree with you on social security PG. It’s long-term insolvent. We should be paying out based on need as a way to curb the structural imbalance ($$).

[gandalf]

And on subject of taxation, discussions of fairness re: income tax are ridiculous.

Wealthy people don’t give a damn about income tax. They ‘earn’ through other means. It’s capgains, inheritance, other tax channels.

In principle, I’m for a flat tax on wealth. Everyone and everything — corporations, people, etc. — should pay a flat tax portion on their net worth each year. Everyone receives government services, everyone has to chip in according to their means.

Practicality of this approach seems next to impossible. Any ideas how this could be implemented?

BTW, I agree with you on social security PG. It’s long-term insolvent. We should be paying out based on need as a way to curb the structural imbalance ($$).

[gandalf]

And on subject of taxation, discussions of fairness re: income tax are ridiculous.

Wealthy people don’t give a damn about income tax. They ‘earn’ through other means. It’s capgains, inheritance, other tax channels.

In principle, I’m for a flat tax on wealth. Everyone and everything — corporations, people, etc. — should pay a flat tax portion on their net worth each year. Everyone receives government services, everyone has to chip in according to their means.

Practicality of this approach seems next to impossible. Any ideas how this could be implemented?

BTW, I agree with you on social security PG. It’s long-term insolvent. We should be paying out based on need as a way to curb the structural imbalance ($$).

[gandalf]

And on subject of taxation, discussions of fairness re: income tax are ridiculous.

Wealthy people don’t give a damn about income tax. They ‘earn’ through other means. It’s capgains, inheritance, other tax channels.

In principle, I’m for a flat tax on wealth. Everyone and everything — corporations, people, etc. — should pay a flat tax portion on their net worth each year. Everyone receives government services, everyone has to chip in according to their means.

Practicality of this approach seems next to impossible. Any ideas how this could be implemented?

BTW, I agree with you on social security PG. It’s long-term insolvent. We should be paying out based on need as a way to curb the structural imbalance ($$).

[Author]

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