Forum: One-table Tournaments
02-22-2005, 08:17 PM
|
|
Replies: 16
Views: 68
Re: HU agression
I disagree; I would make a more modest raise here, say to 750.
QTo is only a slight favorite against a random hand. Pushing will probably fold most really trashy hands, meaning that if he calls,...
|
|
Forum: Politics
02-01-2005, 11:37 PM
|
|
Replies: 39
Views: 201
|
|
Forum: Politics
02-01-2005, 11:24 PM
|
|
Replies: 7
Views: 92
An Apology
In the recent thread -- Social Security "reform" -- I made a number of rash Assertions, insulting statements, and sarcastic rejoinders that I now regret. I still feel passionately that my position on...
|
|
Forum: Politics
01-31-2005, 05:05 PM
|
|
Replies: 32
Views: 215
Re: Social Security \"reform\"
[ QUOTE ]
I'm curious eldyna. Do you think noone is ever going to start a new company again?
natedogg
[/ QUOTE ]
Oh, of course they will. But the gains generated by this will still have...
|
|
Forum: Politics
01-30-2005, 10:42 PM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
[ QUOTE ]
[ QUOTE ]
You propose a panoply of investment vehicles that might fill the gap that I have pointed out, but do you really think that Joe Sixpack is going to buy land, or engage in the...
|
|
Forum: Politics
01-30-2005, 09:26 PM
|
|
Replies: 32
Views: 215
Re: Social Security \"reform\"
If you Google "Modern Portfolio Theory", and click on the firsrt link, you will find that I have given an accurate description of it.
Getting back to the original point, just where can stock...
|
|
Forum: Politics
01-30-2005, 09:15 PM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I am 65. I have done the math, and my SS benefit is about twice what I would get if the Cato plan had been in effect. The imputed return on my SS taxes...
|
|
Forum: Politics
01-30-2005, 09:10 PM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
First, my assumption is that it is complete privatization that is at issue. Bush may propose a partial privatization, but I believe he means to dismantle SS altogether.
On what do I base this? The...
|
|
Forum: Politics
01-30-2005, 03:05 PM
|
|
Replies: 32
Views: 215
Re: Social Security \"reform\"
[ QUOTE ]
[ QUOTE ]
Company profits are the only source of stock market gains. If you don't understand this, you don't understand the market.
[/ QUOTE ]
That's not true actually, at least...
|
|
Forum: Politics
01-30-2005, 02:59 PM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
[ QUOTE ]
[ QUOTE ]
I am 65. I have done the math, and my SS benefit is about twice what I would get if the Cato plan had been in effect. The imputed return on my SS taxes is around 8%.
...
|
|
Forum: Politics
01-30-2005, 02:51 PM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
[ QUOTE ]
[ QUOTE ]
I am 65. I have done the math, and my SS benefit is about twice what I would get if the Cato plan had been in effect. The imputed return on my SS taxes is around 8%.
[/...
|
|
Forum: Politics
01-30-2005, 02:34 PM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
[ QUOTE ]
A non answer to his post, show us your math.
[/ QUOTE ]
We will soon have 50 million retirees. If the average retirement income of each -- from all sources -- is $20,000/year, we...
|
|
Forum: Politics
01-30-2005, 04:44 AM
|
|
Replies: 32
Views: 215
Re: Social Security \"reform\"
[ QUOTE ]
[ QUOTE ]
The total of ALL potential investment returns is woefully insufficient to provide a living for retirees. I challenge you to refute that with hard numbers, not empty rhetoric....
|
|
Forum: Politics
01-30-2005, 04:39 AM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
[ QUOTE ]
I don't think you are considering everything, Eldyna.
Stocks, bonds, even plain old interest-bearing notes--all have generated much better than 1%-2% ROI over a 50-year period say. So...
|
|
Forum: Politics
01-30-2005, 04:32 AM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
More thoughts.
[ QUOTE ]
(1) The average return on SS taxes is between 1 and 2%. This is just marginally better than putting your money under a mattress...
(2) SS will not enough money to meet...
|
|
Forum: Politics
01-30-2005, 03:38 AM
|
|
Replies: 32
Views: 215
Re: Dinosaur economic thinking
Why is it that I am accused of Marxism whenever I resort to arithmetic?
Add them up. The potential investment returns simply are not there. Privatization seeks the legendary free lunch. It still...
|
|
Forum: Politics
01-29-2005, 09:38 PM
|
|
Replies: 32
Views: 215
Re: Social Security \"reform\"
[ QUOTE ]
Two things:
1. Foreign markets.
2. Bonds.
But the paternalists in Congress will probably lock down options you'd have and I'm sure they'll exclude anything foreign, which is...
|
|
Forum: Politics
01-29-2005, 06:58 PM
|
|
Replies: 32
Views: 215
|
|
Forum: Politics
01-29-2005, 06:48 PM
|
|
Replies: 32
Views: 215
Social Security \"reform\"
Has anybody noticed that all the SS privatization proposals have missed a vital point?
Company profits are the only source of stock market gains. If you don't understand this, you don't understand...
|
|
Forum: Probability
01-29-2005, 06:37 PM
|
|
Replies: 2
Views: 89
Re: Extremely rare event
OK, I got the calculation wrong, and it's not as rare as I thought. /images/graemlins/blush.gif
Tim
|
|
Forum: Probability
01-29-2005, 06:28 PM
|
|
Replies: 93
Views: 606
Re: Answer
[ QUOTE ]
This answer assumes that the weight of the 2 bullets chambered side-by-side does not influence their position after a robust spin in an oiled, well-maintained, perfectly balanced revolver....
|
|
Forum: Probability
01-29-2005, 06:16 PM
|
|
Replies: 2
Views: 89
Extremely rare event
In Omaha, it is a good thing to be double suited, and it is also possible that the first four board cards are similarly double suited, leading to the possibility of drawing to two separate flushes...
|
