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Catwhoshatinthehat

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Everything posted by Catwhoshatinthehat

  1. Anyone who plans on raising taxes is going to hurt the middle class. We've seen time and time again when the solution is to try and "tax the rich" and the middle class gets screwed the most.
  2. It's just a freak injury. Even if they cut the preseason down to 2 games teams are still going to have their starters out there for a few series, a quarter or even a half as a warm up for the regular season. Really sucks for GB because I expected to see them and Seattle in the NFC championship game as they had legit Super Bowl hopes. Cobb is a damn good receiver and I think Adams will step up but Jordy is a legit #1 which is damn near impossible for any team to replace. Cobb thrives as a #2 who can turn a short reception into a long gain but with him being defending like a #1 they really need Adams and a third receiver or TE to step up.
  3. A rate hike was previously been factored in by investors because as of about a week or so ago everyone was expecting it. I don't disagree that it's not likely if the markets keep reacting like this but at some point they need to start unwinding. As much fun as this is currently it's nothing like 2008 as it's largely fueled by fear but then again at a point the increase was fueled by optimism more than fundamentals. I think a lot of people have expected a correction for a while now as it's been overdue. An article I read this morning outlined possible declines ranging from 9% to 37% from the all time highs. Given how the markets and investors react who knows as the markets could end up from where they are now by month end.
  4. After being down 1,000 points at opening it's currently down 300. Going to be a long day for traders. Edit - minutes later it's now down almost 500 points. If it gets down 7% they've said they'll temporarily halt trading.
  5. The markets went up in part due to optimism, overvaluation and the belief that things were only going to get better. Now that things are declining it's the end of the world and you can see that fear in the sell off. As far as needing cash, water, ammo and other supplies one of these is not like the other...no one would give a shit about cash in the situation being hinted at. Enjoy selling low and buying high chicken little's.
  6. My thoughts when looking at those numbers is that I know families who have household incomes of 100K or more that fall in the bottom 90% solely because of the choices they make. These aren't families who have had a tragedy that impacted their finances and everyone is healthy thankfully. In one family the wife has a degree she didn't want to use so she decided to do something else which led to more student debt but a good paying job. Instead of furthering her career and getting the certifications she needed to make damn good money (is 90% of the way there) she's now working the same type of entry level job she had during college part time because she wants to be a stay at home mom and doesn't want to work. Another friend isn't bad with money necessarily but he's always carrying some CC debt and spends money when he doesn't really need to. His car which ran fine was almost paid off and all of the sudden he decided to trade that in for a new car that comes with a 5-6 year payment plan. He and his wife can always pay their bills but they're admittedly closer to financial ruin than they'd like and are looking to refinance so they can use equity to pay off CC debt. The problem is I'd bet money that even if they do that they'll run up some CC debt on something they don't really need. Maybe I'm just jaded by the stories I hear and I know there are honest hard working people out there struggling but most people I see struggling always seem to have the newest iphones, new cars and the list goes on. They're their own worst enemies and the biggest thing holding them back is the bad choices they constantly seem to make.
  7. So from an employee and business perspective it's like most government agencies - a lot of sub par workers, inefficient and poorly run.
  8. Randle could have a good year as Dallas' O-line was huge for the run game last year and he'll get a shot but he's in a situation where he isn't proven as the primary back and has McFadden and Dunbar vying for carries. I'd take him on my team but I'd want him as my 2nd or even 3rd RB going into the season. I like my 14 team league because as mentioned generally with 8 your team is stacked and it's more about managing as far as who you start. Even in my 10 team league with no flex spot it becomes a pain with WR and RB sometimes as those are what I draft the most of and most weeks I'm going back and forth about who to start for the last WR spot.
  9. 8 team league and your RB's are that bad? I mean you have some depth and maybe Yeldon surprises but for an 8 team league your RB's are bad on paper unless it's a keeper league and some RB's were already off the board before the draft started. WR is so deep I would have gone RB instead of drafting OBJ who I presume you got in round 2. If it wasn't a keeper league there definitely had to be some options there at RB like maybe Hill, Anderson, Forte, etc. I had OBJ last year and he helped me win a title but I'm not buying this year given where's ranked and projected to go. My first draft is next week picking 8 in a 10 team league and the other draft is the following week picking 10 in a 14 team league.
  10. I traveled on the Eurail and some local trains back in 2007 in Germany and Netherlands and I don't recall anyone smoking. I had family that traveled in Europe back in the early 80's and they remember the cigarette smell as much as anything but that was also when you could smoke on planes.
  11. Keep believing that. If Trump somehow got elected he'd be just like every other politician once they get into office. Obama got elected in part because he came off as being more honest and open yet it's been just more of the same. Once you get that high up they're all catering to the same groups and interests.
  12. Yeah both companies and individuals in Europe seem to value it and make it a priority a lot more.
  13. This. We've got 2 offices overseas and on average those employees take 'holiday' much more regularly and can hop on a plane for a fraction of the cost of what we pay here to go from one state to the other. Flying from Spain to the UK cost me under $100 and employees in our Asia office told me some of the airlines offer weekend getaways that get you to Thailand and other places for under $200. You can take a few days off before or after the weekend and take a 4 day trip with a short travel time.
  14. Yup. As far as what we pay at the pump we're paying what we paid when the price per barrel was ~3x as much. I realize there's a new tax that kicked in here in CA, the summer blend and so on but it confirms how it's all a racket. As far as the market goes if I bought individual stocks I'd be tempted to buy Chevron (currently down 37% vs. it's 52 week high) and Exxon (currently down 25% vs. it's 52 week high). Admittedly I don't do individual stocks, I'm sure there's better energy buys and I said something similar some years back and would probably be in the red right now had I actually done it then. Of course there's always energy ETF's/indexes I could buy but I'll just stick with the long term allocation I currently have and own those companies through some of the index funds I own.
  15. Nah they're smarter than that. Probably went with something like: SlickWillie@usa.gov InventorOfInterWebz@usa.gov IfIHadASon@usa.gov ICanSeeAlaska@usa.gov DeanScream@usa.gov
  16. I agree that the penalty seems way too light but I'm at least comforted by the fact that his life is pretty much over. However much time he spends in prison he won't be able to be in with the general population because of his crimes and who he is. When he gets out his soon to be ex-wife and kids probably won't have much to do with him and unlike a non-celebrity molester/pedo people will recognize him when he walks down the street.
  17. You can say that about every state government and even on down to the local level. The question of how corrupt or how many people within it are corrupt (lie, have taken bribes/kick backs, use their position to further their own well being, etc.) is the only debatable thing.
  18. This is why I vote no on all propositions. I'm tired of the "think of the children" rally cries when waste like this continues to happen. I remember when the good voters of CA agreed to raise personal income tax rates on the top earners (retroactively) while voting down another proposition that would raise rates across for all. At the time they said a certain percentage would go towards education yet the details actually said the money would go to the general fund of which a lower percentage is required to be spent on education.
  19. I agree but I do enjoy seeing someone who has said what he's said in the last few months in regards to illegal immigration leading the nomination even this far out. I don't think the most agree with all or even the majority of his points (I don't) but I do think a large percentage of Americans would agree with some of them. Maybe I've spent too much time reading responses to yahoo illegal immigration articles but personally I don't care for how it's almost become a PC issue when discussing people who are breaking the law and using resources.
  20. I can't imagine voting for Trump should he be the R candidate in the 2016 election but let's be honest - all politicians are major hypocrites and I'm sure he's employed illegals somewhere along the way. That said I'd love to see any candidate seriously tackle an issue like illegal immigration. It's been an issue as long as I've been alive, it's only gotten worse and nothing being done is really addressing the issues. States impacted the most like AZ, CA and so on have tried to do things over the years to cut off benefits illegals receive to keep them from coming yet they get overridden by the courts or the feds. Instead of having a revolving door of issues that come up every election it would be nice to seriously tackle one of those issues.
  21. I think we need to come up with lyrics for this. Something including Costco runs, white guilt and fresh baked muffins from housewives that go straight into the trash.
  22. It's not plugging your head in the sand it's just investing for your future. If you'd rather complain about how it's rigged and the world isn't perfect while not thinking about your future more power to you. I prefer to follow the 'prepare for the worst and hope for the best' line of thinking and continue to put money into investments even though I think they're overvalued, a correction is due and yes there are some bubbles. If the sh*t really hits the fan like some people claim no one is going to care about their retirement accounts because worthless paper won't be your concern.
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