It's not about family connections, it's about trading favors for votes. The democratic party in Chicago has been extremely corrupt for over a century. Blagojevich is just the latest in a very long line of crooks.
Look at the chart again. The number of manufacturing jobs (which create wealth) varies over a range, and the number of government jobs (which waste wealth and interfere with production of wealth) has overtaken them.
Government spending, the number of government employees, and the number of regulations all continued to increase during the Clinton administration. Sorry, I'm not going to give them credit for merely reducing the first derivative, especially since most of that was due to being deadlocked with a Republican congress.
You miss the point: the bailout is a massive round of inflation, passed in hopes of delaying the effects of previous inflation. Whatever Obama spends it on, whether it's trying to keep failed banks from being liquidated, or paying people to dig ditches and fill them in again, the damage is a foregone conclusion.
They were not good organizations. They were horribly corrupt and horribly inefficient.
In some cases, sure. The Pinkertons were murderous thugs, who killed other murderous thugs from time to time. Of course, they didn't have a habit of busting into the homes of people uninvolved in their disputes and shooting them like our Drug Warriors have been known to do.
One other enormous benefit of the fairtax approach is that we would reclaim all of the wasted effort that we expend today on considering the tax implications of every business decisions. Our current tax code does far more damage to the economy than just the amount of money it siphons off.
You seem to be under the misapprehension that rich people pay the nominal rates for their income brackets. Nothing could be further from the truth. Anyone making over a million bucks a year who's actually paying out that much has an incompetent accountant. If we replaced income taxes with a sales tax, then rich people's tax outlays would increase to the given percentage of what they spend.
If they save instead of spend, all the better. Savings are capital. Savings are available to invest in productive activities. This idea that we need to encourage everyone to spend, spend, spend is the kind of Keynesian nonsense that turned the crash of 1929 into the first great depression.
Taxes are one of the factors that businesses consider when deciding where to operate. The existence of lower-tax options is a strong check on government's desire to tax us as much as they can get away with.
There have been power control systems for quite a while to manage power consumption in factories that take things like total power draw and time of use into account. They're usually centralized instead of doing peer negotiation, though.
WWDC doesn't always happen at the same time, and it was even postponed after announcement in 2003 to include the G5 introduction. It could easily be late June or early July.
If he was going for six months of chemo, he wouldn't be talking about returning in six months. More like a year. I think he's taking the leave between now and the next major event, which would be WWDC.
Slashdot Mirror
Straight line growth is actually not that bad
Would you say the same thing if you were looking at the mass of a tumor?
-jcr
It's not about family connections, it's about trading favors for votes. The democratic party in Chicago has been extremely corrupt for over a century. Blagojevich is just the latest in a very long line of crooks.
-jcr
And what "machine" was behind any of Obama's runs for office?
You're kidding, right?
Here's a pretty good introduction to the subject of how politics works in Chicago. It's the same machine that delivered the graveyard vote for JFK.
-jcr
Look at the chart again. The number of manufacturing jobs (which create wealth) varies over a range, and the number of government jobs (which waste wealth and interfere with production of wealth) has overtaken them.
-jcr
Government spending, the number of government employees, and the number of regulations all continued to increase during the Clinton administration. Sorry, I'm not going to give them credit for merely reducing the first derivative, especially since most of that was due to being deadlocked with a Republican congress.
-jcr
Seems like it would be a problem w/r/t revealing the sniper's position.
-jcr
He is sweeping the issue under the rug. He's afraid of being tagged as "soft on crime".
-jcr
You miss the point: the bailout is a massive round of inflation, passed in hopes of delaying the effects of previous inflation. Whatever Obama spends it on, whether it's trying to keep failed banks from being liquidated, or paying people to dig ditches and fill them in again, the damage is a foregone conclusion.
-jcr
He keeps on saying how he will look at every government program and will work to end the ineffective ones.
Talk is cheap. Remember Clinton and Gore saying "The era of big government is over"?
-jcr
I think Obama might even be the one to do it, but it probably won't be in his first term.
Oh, you're expecting Obama to get legislative powers?
My hopes for his administration aren't very high, but not quite as bleak as yours appear to be.
-jcr
What exactly do you think is going to change?
I have no idea what's going to change, but there are a lot of things that we need changed.
This is one example.
-jcr
Obama's reply to that was to state that he doesn't favor legalization. Don't count on the War on Drugs to end anytime soon.
-jcr
Obama voted for the bailout. He's bought and paid for, like anyone else who ever emerged from Chicago machine politics.
-jcr
They were not good organizations. They were horribly corrupt and horribly inefficient.
In some cases, sure. The Pinkertons were murderous thugs, who killed other murderous thugs from time to time. Of course, they didn't have a habit of busting into the homes of people uninvolved in their disputes and shooting them like our Drug Warriors have been known to do.
-jcr
One other enormous benefit of the fairtax approach is that we would reclaim all of the wasted effort that we expend today on considering the tax implications of every business decisions. Our current tax code does far more damage to the economy than just the amount of money it siphons off.
-jcr
Wildclaw,
You seem to be under the misapprehension that rich people pay the nominal rates for their income brackets. Nothing could be further from the truth. Anyone making over a million bucks a year who's actually paying out that much has an incompetent accountant. If we replaced income taxes with a sales tax, then rich people's tax outlays would increase to the given percentage of what they spend.
If they save instead of spend, all the better. Savings are capital. Savings are available to invest in productive activities. This idea that we need to encourage everyone to spend, spend, spend is the kind of Keynesian nonsense that turned the crash of 1929 into the first great depression.
-jcr
In other words it is a tax haven within the EU.
You say that like it's a bad thing.
Taxes are one of the factors that businesses consider when deciding where to operate. The existence of lower-tax options is a strong check on government's desire to tax us as much as they can get away with.
-jcr
There have been power control systems for quite a while to manage power consumption in factories that take things like total power draw and time of use into account. They're usually centralized instead of doing peer negotiation, though.
-jcr
Those won't keep a pilot from blacking out at 15 G.
-jcr
No UAV is capable of fighting a mannned air craft and winning.
Except for all of the air-to-air missiles, which are UAVs of a sort.
-jcr
For decades now, the limit to fighter aircraft performance has been human endurance.
-jcr
WWDC doesn't always happen at the same time, and it was even postponed after announcement in 2003 to include the G5 introduction. It could easily be late June or early July.
-jcr
That's a big chunk of work to schedule yourself to return to.
It doesn't all have to be done at the last minute, and he does know what Apple's plans and projections are already.
-jcr
If he was going for six months of chemo, he wouldn't be talking about returning in six months. More like a year. I think he's taking the leave between now and the next major event, which would be WWDC.
-jcr
I expect another record earnings report for Q1, so I'm grabbing as many February $95 calls as I can afford.
-jcr