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Dr.Sack

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Posts posted by Dr.Sack

  1. Nixon was able to get UBI passed twice in the House. UBI is a conservative idea. Roll back Welfare state, everyone over 18 gets a check per month. Milton Friedman & Thomas Paine advocated basic income. Ask an Alaskan if they like their oil dividend.

  2. *50% of all workers in the US make less than $28,851.24 per year.

    *158,186,786 wage earners.

    *67.2% of all workers earn $44,569.20 or less.

     

    "The "raw" average wage, computed as net compensation divided by the number of wage earners, is $7,050,259,213,644.55 divided by 158,186,786, or $44,569.20. Based on data in the table below, about 67.2 percent of wage earners had net compensation less than or equal to the $44,569.20 raw average wage. By definition, 50 percent of wage earners had net compensation less than or equal to the median wage, which is estimated to be $28,851.21 for 2014."

     

    https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2014

  3. Dodd-Frank is a neoliberal band-Aid for the much stronger financial regulation Glass-Steagall it was meant to resemble. I assume most of your fathers hated when the Progressives of the 1930s signed this law.

     

    Last week Trump met with Wall-Street and now wants to roll back Dodd-Frank - that's fine by me, if it's going to be replaced by a more simpler but stronger regulation like Glass-Steagall 2.0. Let's keep depositors money outside of the brokerage side of the banking business. Trump rolling that back and doing nothing would be repeating the same mistake of Bill Clinton when he repealed it.

     

    So let's take a wait and see approach. This post will go dead, but when Dodd-Frank goes away & it's not replaced & the next financial crisis hits I'll happily dig this gem out of the archives.

  4. Has it ever occurred to you that many of Belichick's wins are a direct result of the other teams organizational incompetence?

     

    I believe the aura of mystic around Belichick clouds people's thinking. Everyone wants that signature win. The Seahawks had the Patriots dead to rights and they blew it. Dan Quinn had a 1st down at the 22 of New England and came away with no points. A FG would have ended the game.

     

    Jauron didn't have McKelvin take a knee. Everyone seems to think there's a lot of luck, I'd argue that the tactical awareness is more lacking than luck. There's a ton of these games every year. We've all saw teams choke and beat themselves.

  5. From CNBC July 19, 2016

     

    "Wall Street is not pleased. A top advisor to presumptive GOP presidential nominee Donald Trump said on Monday that the party wants to reimplement Glass-Steagall, Depression-era legislation that was designed to prevent big bank "supermarkets," but which was repealed in 1999."

     

    https://www.cnbc.com/amp/2016/07/19/glass-steagall-wall-street-is-not-happy-with-donald-trump.html

     

    Bernie was right. Trump is a fraud.

  6. Actually, you haven't taken on anyone. Plenty of strong points to choose from in this thread. You haven't addressed any.

    I don't argue back with name callers. Anyone care to read Romney & Gingrich's back and forth and comment? Or are you all going to punt?

    The idea of the individual mandate did, in fact, come from the Heritage Foundation as an alternative to the implementation of Hillary Care in the 90's.

     

    However, you'll note that once Hillary Care was rejected, no one sought to implement it. It was a tool designed for use in debate only, and was never advanced by any serious policy maker at the Federal level.

     

    Years later, Mitt Romney, then Governor of uber liberal Massachusetts lent support to the idea on a state level, as a state's rights issue, as this was something Romney's constituents wanted, as the US Constitution doesn't speak to as a Federal power.

     

    Again, no conservative ever made any move whatsoever to implement anything like this at the Federal level, largely because they knew it would fail tremendously, and they believed it to be unConstitutional.

     

    The ACA is wholly owned by progressive Democrats, who voted on completely partisan lines, through a budget process on a Bill written in the Senate, because they couldn't get traction for a Bill as outlined by the legal process. The dissent against the Bill was a bi-partisan effort, however.

    Except Buffalo born Republican Justice John Roberts who was the deciding vote. He said it was constitutional. Sorry but the corporate shill Republicans like Mitt Romney & John Roberts are two sides of the same coin with your enemies Hillary & Obama.

     

    You personally hate the ACA and would advocate for the system we had in place before? I assume - if not feel free to clarify your position.

  7. Interesting discussion on another thread, about the ACA. Thought we could be a little more specific about where the whole idea of the individual mandate came from.

     

    More specifically a good policy debate between Newt & Romney dating back to 2011. I find it fascinating.

     

    "ROMNEY: Actually, Newt, we got the idea of an individual mandate from you.

     

    GINGRICH: That's not true. You got it from the Heritage Foundation.

     

    ROMNEY: Yes, we got it from you, and you got it from the Heritage Foundation and from you.

     

    GINGRICH: Wait a second. What you just said is not true. You did not get that from me. You got it from the Heritage Foundation.

     

    ROMNEY: And you never supported them?

     

    GINGRICH: I agree with them, but I'm just saying, what you said to this audience just now plain wasn't true.

     

    (CROSSTALK)

     

    ROMNEY: OK. Let me ask, have you supported in the past an individual mandate?

     

    GINGRICH: I absolutely did with the Heritage Foundation against Hillarycare.

     

    ROMNEY: You did support an individual mandate?

     

    ROMNEY: Oh, OK. That's what I'm saying. We got the idea from you and the Heritage Foundation.

     

    GINGRICH: OK. A little broader.

     

    ROMNEY: OK."

     

     

    http://www.forbes.com/sites/theapothecary/2011/10/20/how-a-conservative-think-tank-invented-the-individual-mandate/#136f1f1f621b

  8.  

    Answer what question? You don't ask questions. You make statements, then get whiny when challenged, and avoid discussion at all costs.

     

    I do make substantive posts. I just don't direct them towards your ilk, because retards like you are a waste of time. That's why I wrote a bot to deal with you.

    Answer the question on Blackstone. Do you agree that Obama or Trump in the future should be directing Fannie Mae to take on the risks of the securitization of their rental properties tranches?

  9.  

    I've noticed that liberals have a marked tendency to think "understanding finance" equals "conservative."

     

    Or understanding law. Or understanding science. Or understanding anything, really.

    I've noticed that you don't ever say anything substantive. It's all insults and putdowns.

     

    Better you shoot the messenger than to answer a question. Which makes you a moron and a $&@!ing idiot.

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