Author Topic: Interesting  (Read 1122450 times)

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Offline CharleyO

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Re: Interesting
« Reply #285 on: September 11, 2008, 05:48:07 AM »
***

Hmmm ... that looks familiar, Bob.    ;)

See here ...

http://forum.avast.com/index.php?topic=28748.msg279510#msg279510


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Offline bob3160

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Re: Interesting
« Reply #286 on: September 11, 2008, 06:47:45 AM »
Good memory CharleyO  ;D
But we have added quite a few new users since then.
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Offline bob3160

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Re: Interesting
« Reply #287 on: September 28, 2008, 02:12:17 PM »
I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in
a We Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000
bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into $85 billon that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a
We Deserve It Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else

Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed Forces.

If we're going to re-distribute wealth let's really do it...instead of
trickling out
a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed by
one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S
Citizen 18+!

As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can "never work."
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve this Dividend more than  the geniuses at AIG or the politicians in Washington DC   ;D ;D
« Last Edit: September 28, 2008, 02:21:38 PM by bob3160 »
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Offline polonus

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Re: Interesting
« Reply #288 on: September 28, 2008, 02:27:22 PM »
Hi viewers of this particular thread,

Been at a page, don't wanna see it again, don't want the cookies of it, no memory of it in the history, just like I never been there, possible by downloading this add-on from here: http://site.voila.fr/closeforget/media/closeForget_0.5.0_fx.xpi
Further info at http://site.voila.fr/closeforget/index.html
Seems to me a nice add-on for our friend bob3160,

Damian
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Use NoScript, a limited user account and a virtual machine and be safe(r)!

Offline YoKenny

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Re: Interesting
« Reply #289 on: September 28, 2008, 02:36:24 PM »
I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in
a We Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000
bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into $85 billon that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a
We Deserve It Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else

Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed Forces.

If we're going to re-distribute wealth let's really do it...instead of
trickling out
a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed by
one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S
Citizen 18+!

As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can "never work."
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve this Dividend more than  the geniuses at AIG or the politicians in Washington DC   ;D ;D
That all a$$umes that there is someone in charge that knows math and logic.
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Offline bob3160

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Re: Interesting
« Reply #290 on: September 28, 2008, 03:21:52 PM »
Hi viewers of this particular thread,

Been at a page, don't wanna see it again, don't want the cookies of it, no memory of it in the history, just like I never been there, possible by downloading this add-on from here: http://site.voila.fr/closeforget/media/closeForget_0.5.0_fx.xpi
Further info at http://site.voila.fr/closeforget/index.html
Seems to me a nice add-on for our friend bob3160,

Damian
Most sites I go to require cookies.  :)
Free avast! Security Seminar: https://goo.gl/kh3cqR  -  Important: http://www.organdonor.gov/ -- My Web Site: http://bob3160.strikingly.com/ - Win 10 Pro v1903 64bit, 8 Gig Ram, AvastFree 19.6.xxxx, How to Successfully Install Avast http://goo.gl/VLXdeRepair & Clean Install https://goo.gl/t7aJGq

Offline polonus

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Re: Interesting
« Reply #291 on: September 28, 2008, 07:55:39 PM »
Hi bob3160,

Understand, you are not blocking cookies there, you clean everything out after you had enough of that page and do not wanna see it, just works like the cache cleaner but then for that particular site, you can go anywhere you want with this.
What you mention is when you do not accept cookies, or go there with Distrust add-on, but this is completely different,

pol
Cybersecurity is more of an attitude than anything else. Avast Evangelists.

Use NoScript, a limited user account and a virtual machine and be safe(r)!

Offline FreewheelinFrank

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Re: Interesting
« Reply #292 on: September 29, 2008, 07:39:15 AM »
I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in
a We Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000
bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into $85 billon that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a
We Deserve It Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else

Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed Forces.

If we're going to re-distribute wealth let's really do it...instead of
trickling out
a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed by
one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S
Citizen 18+!

As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can "never work."
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve this Dividend more than  the geniuses at AIG or the politicians in Washington DC   ;D ;D
That all a$$umes that there is someone in charge that knows math and logic.

The problem with that is the US is in huge debt: ever citizen owes a bundle of cash to people in all the other countries who lent them money. If the US government let AIG go bottom-up, AIG's international customers would lose out, and the rest of the world would come knocking on America's door, asking for their money back, and Bob would be looking at a demand for the personal repayment of a part of that huge debt, as would every US citizen, rather than dreaming of free money.
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Offline bob3160

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Re: Interesting
« Reply #293 on: September 29, 2008, 04:12:28 PM »
Quote
Bob would be looking at a demand for the personal repayment of a part of that huge debt, as would every US citizen, rather than dreaming of free money.
No I would not. I didn't authorize this debt.  ;D
Had I made this loan, I would now have two choices.
1. Make arrangements to repay it or,
2. Declare bankruptcy if I couldn't pay it.

AIG has the same options so do all other Corporations.

Their mishandling of funds isn't my doing it's theirs so let them figure out how to resolve it.

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Offline alanrf

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Re: Interesting
« Reply #294 on: September 30, 2008, 06:51:13 AM »
Let's try to explain why AIG cannot be allowed to fail.

The whole financial sector exists based on a completely volatile and ill defined commodity called trust.

You and I deposit our money in a bank (because most folks think it is silly to stuff it in the mattress these days).  You and I trust that when we want our money again the bank will give it to us.

Meanwhile the bank takes our money and loans it to others.  The bank trusts that we (at not least all of us) will want all our money back at once and trusts that the loan will be repaid with the interest expected.

It is the interest from the loans (plus other fees they charge us for allowing them to hold our money) that makes the profits of the bank. 

Sometimes people do not repay their loans (remember it was our money that was loaned) so the law requires that banks make allowances for bad loans and keep enough liquid reserves to meet our needs when we want our money back.

Seeing the large pile of liquid assets that banks had sitting around the executives of the banks came up with an idea.  They could make a lot more money for the bank if they could loan out that money and get interest on it.  If they made a lot more money then the executives would get a lot more in bonuses and stock options.  What was the problem? The law.  The answer - let's buy the lawmakers (whose souls have been bought many times over by the corporate sector and are willing sellers to anyone with money).

So, the lawmakers were sold on the idea "if we get an insurance company to insure our loans so that if they are not repaid then the insurance company will cover the loss can we keep less money in liquid assets to pay our depositors?".  Having greased the palms of the lawmakers with silver it was made so. 

Guess which company is the insurer of choice for the loans of the major banks of the world?  None other than AIG.  Insurance too rests on trust.  People trust that the insurance company will pay up if needed.

If AIG goes under then so do the insurance policies on the loans of the major banks of the world.  Without those insurance policies almost all banks would become legally insolvent instantly and in the jurisdictions of most major economies would be required to be seized by local authorities and cease to carry out business (like Washington Mutual here in the US, almost like Wachovia today and like others in Europe).  Imagine a month end where virtually no company in the US and Europe could get the money to make payroll.

So that is why the government is running so scared and needs to bail out AIG.  It is the price we taxpayers pay for allowing our lawmakers and regulators to be bought and agreeing to companies continuing to exist that are "too large to fail".

By the way - you may think that institutions like the FDIC here in the US (and its equivalents in other countries) would take care of depositors.  Again the FDIC is an insurer - it is based on trust.  The simple fact is that the FDIC did not (and does not) have enough funds left in its (legally defined) limits to cover the potential of a Washington Mutual failure - which is why WaMu had to be sold instantly (and carry on business without involving the FDIC) and why Wachovia has been described legally as "not failing" (but was on the verge of doing so - and a couple more days of customers demanding their money would have done it).

The commodity that has failed so dramatically is trust.  Whatever happens next - it will take time to rebuild it - and where is there an FDR when we need one?       
« Last Edit: September 30, 2008, 07:26:29 AM by alanrf »

Offline bob3160

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Re: Interesting
« Reply #295 on: September 30, 2008, 04:44:49 PM »
Bailing out "fatcats" is never a good idea.
Beefing up FDIC if needed makes sense.
Donating funds to institutions who have made bad loans for the sole purpose of
being able to charge fat interest rates is NOT a good idea.
If you can't pay back your mortgage because it never should have been granted in the first pace,
then declare bankruptcy and let the bank hang.
Sorry, but if you and I took care of our finances in the same manner as all these business that are in financial
trouble, we would not get bailed out. 
Why should they?

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Offline FreewheelinFrank

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Re: Interesting
« Reply #296 on: September 30, 2008, 04:56:02 PM »
Quote
Bob would be looking at a demand for the personal repayment of a part of that huge debt, as would every US citizen, rather than dreaming of free money.
No I would not. I didn't authorize this debt.  ;D
Had I made this loan, I would now have two choices.
1. Make arrangements to repay it or,
2. Declare bankruptcy if I couldn't pay it.

AIG has the same options so do all other Corporations.

Their mishandling of funds isn't my doing it's theirs so let them figure out how to resolve it.



I was talking about the US national debt:

http://www.brillig.com/debt_clock/

AIG didn't make a loan: it insured some banks against home owners defaulting on mortgages. Those mortgages turned out to be duff.

Some of those duff mortgages were repackaged and sold to banks in countries outside the US- which are now suffering. AIG is an international company and if it went under, the world would suffer.

With the US hugely in debt, it can't risk pissing off the rest of the world, because it needs to borrow more, so sorry Bob, your pipe dream is never going to happen.

As Time said: They had a party, now you're going to pay...

http://www.time.com/time/business/article/0,8599,1842123,00.html
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Offline bob3160

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Re: Interesting
« Reply #297 on: September 30, 2008, 11:30:21 PM »
Quote
because it needs to borrow more, so sorry Bob, your pipe dream is never going to happen.
All the more reason to say know and deny the bailout.
If you can't and wouln't bail out the little guy, then why treat the big boys any differently?
The other countries that bought these faulty loans also have no right to bailed out. "Sorry Charley"  ;D
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Offline Rumpel

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« Reply #298 on: October 01, 2008, 02:38:40 AM »

Offline Lisandro

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Re: Interesting
« Reply #299 on: October 01, 2008, 02:59:07 AM »
Installers Hall of Shame (Unwanted add-on)
Yeah... when you buy apples you could carry oranges to your home ;D
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