Jump to content

Ibn Ozn

BST Users
  • Posts

    5,014
  • Joined

  • Last visited

    Never

Converted

  • What I do for a living:
    doodle

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Wait, a few minutes ago it was that Clinton enabled the bad loans. Now you're saying he was more responsible for the magnitude of the problem? Backpedal much? Which is it? Not like the US market is ten times larger or anything. Make sure your oh-so-revealing VOLUME data reflects this. Maybe it's just that Wall Street has bigger crooks.
  2. http://www.ritholtz.com/blog/wp-content/uploads/2010/07/Global-Housing-Boom-Bust.png Close enough. But I'm lying because there was no bubble in Africa or something. And Clinton enabled bad loans in all those other countries too. Sure Wee.
  3. Make sure nobody reminds them the housing boom and bust was global. Their "it was the CRA" argument falls apart. No CRA in Ireland last time I checked.
  4. Yeah, I think Lehman and their auditor tried to have the lawsuit against them tossed on those grounds back in January and it didn't work.
  5. You are quick with the BS slogans I'll give you that. Alt-A came about under Bush, was bought for the government at the behest of Bush and eventually blew up thanks to Bush. Clinton never told I-bank lending units to give 120LTVs to Mexican gardeners with 0% down. S&Ls weren't doing those deals. And it's not like any of your ilk were complaining about it at the time either.
  6. Right Wee, I don't get it. I'm a former Lehman employee...and not one of those evil wall street guys either. How did they make $50B disappear from their balance sheet every QE without that being a going concern?
  7. By the way, are you caught up in the Bear MBS litigation at all? Considering you used to put them together there.
  8. This is laughable coming from a guy who thinks defense companies don't pay taxes. In a hurry to lunch, I left out one thing. Onerous regulations AND aggressive labor unions have driven jobs overseas. That is all, carry on. Sure Wee, don't forget hippees. They drove jobs away too. Tell us again US companies are the highest taxed in the world while pretending the effective rate isn't near the lowest. Keeping up your rep as the most honest guy in the room as always.
  9. what is so hard to understand about letting bad ideas fail? too big to fail is the result of government intervention. low interest rates, a government intervention, favor more loan creation. bailouts reinforce bad behavior. the bailouts of 2008 were not the first bank bailouts by any means. banks like citibank shold have died during the latin america loan fiasco decades ago. stupid should hurt. keeping badly managed businesses on life support is a tax on all of us. that is what i mean by less "regulation" Stupid should hurt, but fraud shouldn't win either. How come nobody went to jail over Lehman's Repo 105 scam? And that's the tip of it. Plus, they all got to keep their bonuses.
  10. Regulations haven't driven jobs overseas, the tax code has. Import tariffs are the only real way to level the playing field on cheap foreign labor and low tax jurisdictions that companies now shift their income to. Beyond that, corporations should no longer be allowed to consolidate foreign earnings with the parent company on their balance sheets until those earnings have been fully repatriated and subject to tax. This is simply accounting gimmickry designed to dodge taxes while puffing up share price that needs to stop. Allowing corporations to pollute at will isn't going to do anything, but it only figures that the Wall Street guy claims it's going to be the fix.
  11. How is he going to reduce your property taxes in any meaningful way when the state is responsible for less than a quarter of the bill? I'd love to hear some real math, though not that I expect it from you. And just because you like a fat a-hole doesn't mean everybody else does. In two more years, I bet Big Bird could beat him.
  12. Wait, I think I get it. So, you can't pay more in taxes personally because then you'd have to take a higher salary from your business to make up the difference. Which would impact your hiring decisions, right? Is that the argument you're trying to make? Well, who says you have to take such a high salary that you can't have a sustainable business? I don't get that logic. Taxpayers need to subsidize the widescreen TV in your McMansion by keeping your taxes low in the hope that you'll hire people? Really!!??!! Can I tell you to bite me in this forum?
  13. Hawker, how much in employee wages do you expense on your personal tax return? Not your business, which isn't subject to the over $250K tax hike that you are talking about, but you personally. The $250K tax hike would only apply to your personal taxes, so how many employees do you pay out of your personal income? I'm certain the answer is none, besides the illegals who cut your lawn. And that is the only way that tax hike could make a difference in your hiring decisions. Don't BS people.
×
×
  • Create New...