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MikeInRoch

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Posts posted by MikeInRoch

  1. You're missing the point. 

     

    The point is that Walmart is one of the largest private employers in this country, yet all of us are being forced to subsidize their employees' health care and other social costs because Walmart is unwilling to pay a living wage or provide affordable health care to their employees.

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    You are "forced" to subsidize this because the government decided that you are. No one is *required* to have health care. If you do not have the skills/ambition required to get a job that would provide health care, why should the government have to bail you out?

  2. Not much to say other than he is getting ready to go back to Buffalo in a couple of weeks to start for next year.

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    I saw the interview as well, and I'll be honest - that was about the only answer he gave that I really liked. He didn't seem like the sharpest tool in the shed to me...

  3. Hmmm......Okay, well I agree that having a legal obligation to discern who is and is not intoxicated can be problematic. But depending on how the law reads (and for the record, I don't know how it reads in NJ) I don't see why it being a legal obligation would complicate things if what you are legally obligated to do is cut off those who are clearly exhibiting beahvior consistent with intoxication. The times when I've been pretty hammered, all I've really exhibited was verbal diarrhea. I don't think that with someone like me it would be an "obvious" case. But if the standard they are held to is someone who is CLEARLY intoxicated, I agree with it being enforced.

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    I'm not arguing about what the law actually says - I'm arguing about what the law *should* be. The law should not obligate someone to take over responsibility for another.

  4. I don't understand why some of you are so opposed to the idea of cutting someone off. It's not an exact science, but it is a means of potentially preventing the sale of alcohol to someone who is already clearly impaired. Yeah, sometimes it's hard to tell. But sometimes it's not. And I think it's a very reasonable measure to expect bartenders or beer vendors to cut someone off. In fact, it's common sense.

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    I am opposed to a vendor having a *legal* obligation to cut someone off, and being legally responsible for their actions if they do not. Purhaps that person has a ride home? In which case why should they not have the right to drink as much as they please?

  5. It is horrible that the law in New Jersey allowed this lawsuit. The attitude that anyone except an individual can be responsible for the actions of that individual is assinine. And just because you have voluntarily put yourself in a position to make bad decisions does not mean that anyone else is obligated to make a better decision for you.

     

    It's the great American way: A tragedy happened! Let's sue the guy with the biggest pockets!

  6. How the hell did we get a first round pick for him.  A first!  For Peerless Price!  I mean, think about it.  I think it inflated everyone's expectations for Travis - I mean, I think he's worth a lot more than Peerless, we should get more!  Unfortunately, we won't find anyone that dumb again.  Probably.

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    The good news is that we only have to find *one* team that is that dumb... :(

  7. It's posts like the last one that drive rational people away from this board. You have ZERO basis for determining that TD made a 'half-hearted' attempt to jump ahead of Pitt.

     

    And just how much of a sweet deal are you willing to give up for an unproven college player? I know - let's throw in Spikes and Moulds if we have to... I'm sure they'd go for that.

  8. Disclaimer: I am not a financial professional, and therefore this post is really more in the form of a question for taterhill - am I missing something here?

     

    On comparing 401K vs. Roth IRA contributions...

     

    Let's make the following assumptions (numbers may not be realistic just to keep the math simple):

     

    You have $10,000 (pre-tax) to invest for 20 years, after which you will retire. Call 'a' your current tax rate, 'b' your expected tax rate when you retire, and 'c' the percentage return on your investment.

     

    If you put the money in a 401k, it's pre-tax, so you invest a full $10,000. After 20 years, that has grown to $10,000x(1+c)^20, and then you pay taxes on the way out, so the amount you get is $10,000x(1+c)^20x(1-b ).

     

    If you put the money in a Roth, it's post-tax, so you invest $10,000x(1-a). After 20 years, that has grown to $10,000x(1-a)x(1+c)^20, and you take it out tax free.

     

    Since multiplication is commutative, the only difference in the amount of money that you have at the end is because of the difference between 'a' and 'b'. If 'a' and 'b' are equal, it makes no difference which way you go (assuming there is no employer matching involved, of course). Is this correct? Or is there something I'm not taking into account?

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