Warren Buffet's presidential endorsement

[Tully365]

I did a quick search and was surprised that this hadn't been posted already.

http://www.huffingtonpost.com/greg-mitchell/heres-why-warren-buffett_b_102471.html


Here's Why Warren Buffett Endorsed Obama Today: McCain Failed to Get 'Lobotomy'

Posted May 19, 2008 | 02:55 PM (EST)





Obama supporters, naturally, are excited about word today that one of the world's richest men, Warren Buffett -- the sage of Omaha -- has thrown his support to the Democratic frontrunner, although it's not likely to put Nebraska in the win column for Obama this November.

But why does Buffett like Barack? And why now? The wire service reports only reveal that Buffett announced an endorsement of Obama because he looks like the nominee: "I will be very happy if he is elected president. He is my choice." Not exactly food for thought.

But to find out more, I discovered a May 5, 2008, on-the-fly interview with Buffett carried by CNBC.

The interviewer, Becky Quick, asked Buffett to pretend for a moment that she was John McCain. She then asked, "Is there anything I can do, any economic issue I can get behind, that would actually make you think twice about potentially supporting me?"

Buffett replied: "I would say that if you felt the tax burden should be shifted in a significant way to the super-rich and away from the middle class, I would say that would make me re-evaluate you."

Quick/McCain: "So I could eventually gain your support come November?"

Buffett: "Well, in the end I vote on issues now. I think it's pretty clear in many major areas what all three candidates would do."

Then he said, chuckling, that it was "unlikely" he would back McCain "unless he has a serious change, a lobotomy or something like that."

Buffett explained: "I don't think McCain is going to change his views to be in accord with mine. I admire him a lot. I think he's an absolutely first-class human being, and if the Republicans are going to elect somebody I hope it's John McCain.

"But he has too many ideas that are different than I do, particular in terms of what I would call social justice."

[whottt]

Translation: Thanks guys, I always wanted to own the pre-eminient American World Wide Brokerage Firm. You notice I didn't put my money within 100 feet of Lehman Bros...that's because I don't buy shit, that's why I am a multi-billionaire.

What Buffet is doing is not heroic or admirable...throwing some dimes down on Fannie Mae and Freddie Mac would be heroic admirable.


You want social justice Warren? Put your money where your mouth is....

You can ease the American tax payers burden singlehandedly....

If he's all about altrusim...let's see him prove it.

But of course he won't.


Not a
chance
in
hell

[Mr. Peabody]

Translation: Thanks guys, I always wanted to own the pre-eminient American World Wide Brokerage Firm. You notice I didn't put my money within 100 feet of Lehman Bros...that's because I don't buy shit, that's why I am a multi-billionaire.

What Buffet is doing is not heroic or admirable...throwing some dimes down on Fannie Mae and Freddie Mac would be heroic admirable.


You want social justice Warren? Put your money where your mouth is....

You can ease the American tax payers burden singlehandedly....

If he's all about altrusim...let's see him prove it.

But of course he won't.


Not a
chance
in
hell


You're absolutely right. Buffett's nothing more than another selfish bastard who talks a big game but doesn't back it up.



Buffett donates $37 billion to charity

Warren Buffett says he was "wired at birth to allocate capital"

Billionaire investor Warren Buffett has said he was waiting for decades to make a huge charitable donation.
He said he was overjoyed as he spoke for the first time since revealing he would donate about $37bn (£20bn) to Bill Gates' charitable foundation.

"This has been coming for 50 years," Mr Buffett said. "There's never really been any other plan in terms of where the money should go."

The donation is thought to be the largest charitable gift ever in the US.

[ChumpDumper]

Beat me to it.

I'd have to put him fairly high on the altruism totem pole.

http://money.cnn.com/2006/06/25/magazines/fortune/charity1.fortune/

[Aggie Hoopsfan]

I'm a Buffett fan, but come on guys... he donates what appears to you and I as a shitload of money, but it's really just a drop in the bucket for him.

He invested in GS because he knows what's going on and knows where to be when the bailout gets approved.

[PixelPusher]

Warren Buffett...isn't he some kind of extraordinarily rich guy? Shouldn't 2centsworth take his endorsement very, very seriously?


lets see, Joe Biden has earned $280,000 per year for the past 20 yrs and has a net worth of $150,000.

Sounds like an economic genius.

Obama makes Palin look good.


Assessing a person's abilities by how much money they have. How very Republican of you.


you bet when considering someone to run the largest economy in the world. How very liberal of you to think otherwise.

[whottt]

:lmao Bill Gates fucking Charity? You gotta be fucking kidding me.


No..if he means social justice he'll donate that 37 billion to the US Government...that's the kind of altruism I am talking about...the same kind he is talking about.

Don't give me fucking charities when he's talking taxing the rich...I want to see him tax himself....I want to see him put his money where his mouth is.


Tax the fucking rich Warren...what's stopping you. Tax yourself.

Amazing how they never do that isn't it?


Why do you suppose that is?

If he gives 37 billion to save the tax payers some bail out $$$ on Fannie Mae and Freddie Mac or AIG...I'll vote for his candidate.

C'mon Warren...show me the rich picking up that tab baby...walk that fucking walk.

[whottt]

LOL @ Bill Gates and altruism being mentioned in the same sentence :lmao

[ChumpDumper]

I'm a Buffett fan, but come on guys... he donates what appears to you and I as a shitload of money, but it's really just a drop in the bucket for him.Sorry dude, 85% of his fortune IS a shitload of money to him.

[baseline bum]

Buffet giving $37 billion to a charity that helps pay for the poor to go to college is some kind of joke? OK whott, you've really gone off the deep end this time.

[baseline bum]

I'm a Buffett fan, but come on guys... he donates what appears to you and I as a shitload of money, but it's really just a drop in the bucket for him.

He invested in GS because he knows what's going on and knows where to be when the bailout gets approved.

So by your logic it's no big deal to tax the shit out of the rich, right?

[whottt]

How many bad mortgages do you think Warren Buffen could pay off with 37 billion...

I'd say a good 25% of them...of the legitimately bad ones. Make some po folks dreams come true.


Do it Warren...do that shit. I will vote for Obama if you do it...shit, I'll vote for you.

[ChumpDumper]

So by your logic it's no big deal to tax the shit out of the rich, right?Buffet has publicly complained that he pays less tax as a percentage of his income than his secretary.

[baseline bum]

How many bad mortgages do you think Warren Buffen could pay off with 37 billion...

I'd say a good 25% of them...of the legitimately bad ones. Make some po folks dreams come true.


Do it Warren...do that shit. I will vote for Obama if you do it...shit, I'll vote for you.

Instead, he puts the money into helping po folks get an education so they'll never have to be poor again and won't have to raise their kids in poverty. Hmmm... give a guy a fish or teach him how to become a fisherman?

[whottt]

Buffet giving $37 billion to a charity that helps pay for the poor to go to college is some kind of joke? OK whott, you've really gone off the deep end this time.

:lmao fucking denial...


These two dudes right now have the combined wealth to put every fucking poor person in the United States through college...not just the kids, but every fucking poor person living below the poverty line in the United states...and they'd still have 15 billion or so left over...

Do it cocksuckers...fucking do it...

Don't put that shit in a shelter giving away the miminal amount to remain a charity every year.

[ChumpDumper]

whottt, donate 85% of your net worth to charity and I will vote for McCain.

Do that shit....Do it.

[Shastafarian]

Translation: Thanks guys, I always wanted to own the pre-eminient American World Wide Brokerage Firm. You notice I didn't put my money within 100 feet of Lehman Bros...that's because I don't buy shit, that's why I am a multi-billionaire.

What Buffet is doing is not heroic or admirable...throwing some dimes down on Fannie Mae and Freddie Mac would be heroic admirable.


You want social justice Warren? Put your money where your mouth is....

You can ease the American tax payers burden singlehandedly....

If he's all about altrusim...let's see him prove it.

But of course he won't.


Not a
chance
in
hell


I'm a Buffett fan, but come on guys... he donates what appears to you and I as a shitload of money, but it's really just a drop in the bucket for him.

He invested in GS because he knows what's going on and knows where to be when the bailout gets approved.


:lmao Bill Gates fucking Charity? You gotta be fucking kidding me.


No..if he means social justice he'll donate that 37 billion to the US Government...that's the kind of altruism I am talking about...the same kind he is talking about.

Don't give me fucking charities when he's talking taxing the rich...I want to see him tax himself....I want to see him put his money where his mouth is.


Tax the fucking rich Warren...what's stopping you. Tax yourself.

Amazing how they never do that isn't it?


Why do you suppose that is?

If he gives 37 billion to save the tax payers some bail out $$$ on Fannie Mae and Freddie Mac or AIG...I'll vote for his candidate.

C'mon Warren...show me the rich picking up that tab baby...walk that fucking walk.


How many bad mortgages do you think Warren Buffen could pay off with 37 billion...

I'd say a good 25% of them...of the legitimately bad ones. Make some po folks dreams come true.


Do it Warren...do that shit. I will vote for Obama if you do it...shit, I'll vote for you.

If there are any aliens viewing this forum I feel the need to say something. Us humans aren't all this dumb. Please don't destroy us and take our resources because you think we're not worthy. It's only a select few. You can take these two morons though. Anal probe the shit outta them for all I care.

[baseline bum]

Why don't you give >60% of your worth to help a few of the poor out then? And i don't mean tipping Calvin a buck at the drive-thru.

[DarrinS]

Come on, man, Buffet hasn't done anything good since "Margaritaville".

[whottt]

whottt, donate 85% of your net worth to charity and I will vote for McCain.

Do that shit....Do it.

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?

[Shastafarian]

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?

I'll do it. I'm in a swing state too.

[DarrinS]

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?



I did it. I just donated 10 dollars and 2 cents to charity.


Sincerely,


George Obama

[ChumpDumper]

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?I know I'm setting the bar pretty low.

Or am I?

I have no idea.

Kudos if you do it.

[DarrinS]

Well, you sure as hell know Joe Biden won't donate anything. I think he donates like 0.1% of his salary to charity -- or so his tax records indicates.


McCain is the most generous of the candidates.

[whottt]

Why don't you give >60% of your worth to help a few of the poor out then? And i don't mean tipping Calvin a buck at the drive-thru.

IF you'll campaign for McCain in LA, I will do it...

[baseline bum]

So you have as big of an aversion to charity as I have for the McCain/Palin ticket?

[Aggie Hoopsfan]

So by your logic it's no big deal to tax the shit out of the rich, right?

That wasn't my logic at all. I was just saying that it's funny saying people defend him for buying into GS. He's looking to make a killing on that deal.

[baseline bum]

Um, no


he donates what appears to you and I as a shitload of money, but it's really just a drop in the bucket for him.

[ChumpDumper]

That wasn't my logic at all. I was just saying that it's funny saying people defend him for buying into GS. He's looking to make a killing on that deal.That's why the idea of an ownership stake in companies that are bailed out is being batted around.

[ChuckD]

If there are any aliens viewing this forum I feel the need to say something. Us humans aren't all this dumb. Please don't destroy us and take our resources because you think we're not worthy. It's only a select few. You can take these two morons though. Anal probe the shit outta them for all I care.

Shasta, FTW.

:lol

[Tully365]

It seems like this thread has gotten lost in arguments that are peripheral to the topic, the fact that Buffet has chosen to endorse Obama rather than McCain. Why do you think he decided to do that? I'm sure if he had done otherwise, the McCain camp would use him as an example of a financial wizard whose judgment on such an important matter should be respected.

[2centsworth]

Warren Buffett...isn't he some kind of extraordinarily rich guy? Shouldn't 2centsworth take his endorsement very, very seriously?

I do take his endorsement seriously. In fact, he has swayed my opinion on estate taxes.

As far as joe biden, he obviously doesn't have a clue about money. How do you earn 5 million with tremendous benefits and only have 150K to show for it?

If you can't see this it would suck to be you.

[101A]

I do take his endorsement seriously. In fact, he has swayed my opinion on estate taxes.


You know where Buffet got his start?

With a life insurance company.

You know why the biggest policies are bought?

To pay estate taxes.

I have a policy myself that exists solely to pay those taxes if I meet a premature end. That way my business won't have to be sold to pay the taxes. Big problem with estate taxes is that they are due and payable right away - in cash. Most wealth is not held in cash. Now, the person that most people think of paying these taxes are the Paris Hilton's and Kennedy's of the world. Who cares if they have to sell their 4th home in the Hampton's right? The people they don't think of are the small-business owners; who don't have much cash (have sunk it all into the business) - but they have a business that is attractive for its cash-flow to larger businesses. Those businesses buy the small ones, let most of the employees go, and absorb the income into their own structure. They are willing to pay pretty good money, therefore, for a business that generates several million in revenue, even if it only generates a couple hundred grand for the ownership. Therefore, the "value" of the business is well over the (old. $1.2 million) threshold for estate tax exemption. Hope I explained that well.

Buffet rails on "Dynastic" wealth when arguing for estate taxes. The exemption prior to Bush was only $600 K - twice that for a married couple. EVERYTHING above that was taxed at 60%!!! Now, what "dynasties" are built on a foundation of 600 grand???? Buffet is disengenuous on this one.

Estate taxes suck.

[DarkReign]

Estate taxes suck.

Amen.

I had no real understanding of this before my wife's grandmother passed away.

I think you explained it very well.

[Anti.Hero]

He got a pretty sweet deal on that $5 billion he just put in for this debacle.

10% guranteed return for the rest of his life.

Where are the CAPITALIST PIG screams from the left???

[whottt]

It seems like this thread has gotten lost in arguments that are peripheral to the topic, the fact that Buffet has chosen to endorse Obama rather than McCain. Why do you think he decided to do that? I'm sure if he had done otherwise, the McCain camp would use him as an example of a financial wizard whose judgment on such an important matter should be respected.

Should be respected?



Bill Gates and Warren Buffen are two of the greediest human beings in the history of the World.


They are so consumed by greed that their minds thinks about the accumulation of wealth to an obesessive degree as to be incomprehensible by a normal human being.


It's like trying to understand how a serial killer thinks...serial killers are effective at killing because they think in ways that nomral humans don't.

[RandomGuy]

Translation: Thanks guys, I always wanted to own the pre-eminient American World Wide Brokerage Firm. You notice I didn't put my money within 100 feet of Lehman Bros...that's because I don't buy shit, that's why I am a multi-billionaire.

What Buffet is doing is not heroic or admirable...throwing some dimes down on Fannie Mae and Freddie Mac would be heroic admirable.


You want social justice Warren? Put your money where your mouth is....

You can ease the American tax payers burden singlehandedly....

If he's all about altrusim...let's see him prove it.

But of course he won't.


Not a
chance
in
hell

Would you like some fries with that FAIL?

Buffett donates $37bn to charity (http://news.bbc.co.uk/2/hi/business/5115920.stm)

[whottt]

It is patently absurd to use the Bill Gates Foundation as an example of altruism.


You know who the board of trustees are on that charity?

Bill Gates
Melinda Gates
Warren Buffet.


They didn't give that stock wealth to charity, they gave it to themselves, they avoided paying taxes on it and they still control it.

What they did was transfer multiple billions of stock wealth into an entity where they could avoid paying just about any and all taxes on it...

They only have to give away 5% of the endowment per year...that's basically a 5% tax rate on all those billions...

Now you tell me those are the actions of individuals wanting to pay taxes.


And Buffet's contributions in particular are conditional...to where he can get the majority of that money back.

Don't fucking tell me that was altruism...that's a fucking joke.

[Shastafarian]

It is patently absurd to use the Bill Gates Foundation as an example of altruism.


You know who the board of trustees are on that charity?

Bill Gates
Melinda Gates
Warren Buffet.


They didn't give that stock wealth to charity, they gave it to themselves, they avoided paying taxes on it and they still control it.

What they did was transfer multiple billions of stock wealth into an entity where they could avoid paying just about any and all taxes on it...

They only have to give away 5% of the endowment per year...that's basically a 5% tax rate on all those billions...

Now you tell me those are the actions of individuals wanting to pay taxes.


And Buffet's contributions in particular are conditional...to where he can get the majority of that money back.

Don't fucking tell me that was altruism...that's a fucking joke.
I'd love to see where you're getting all this information. As usual I think you're full of shit.

[whottt]

Would you like some fries with that FAIL?

Buffett donates $37bn to charity (http://news.bbc.co.uk/2/hi/business/5115920.stm)



Just because you are ignorant on how billionaires avoid taxes while still controlling their wealth doesn't mean I have failed...it just means you don't what the hell you are talking about.

[RandomGuy]

He got a pretty sweet deal on that $5 billion he just put in for this debacle.

10% guranteed return for the rest of his life.

Where are the CAPITALIST PIG screams from the left???

Except that it isn't really HIS money. It is the money of his firm, and benefits his stockholders.

There is that small distinction.

Of course you have to pony up the cash to buy a share, currently around $200,000 each. :lol

[whottt]

Sure, Bill Gates and Warren Buffen are the most ungreedy people on planet earth, that's why they are worth untold billions :lmao


Fools.

[clambake]

Just because you are ignorant on how billionaires avoid taxes while still controlling their wealth doesn't mean I have failed...it just means you don't what the hell you are talking about.

if he endorsed mccain you'd be all over his nutsack...admit it.

[whottt]

Except that it isn't really HIS money. It is the money of his firm, and benefits his stockholders.

There is that small distinction.

Of course you have to pony up the cash to buy a share, currently around $200,000 each. :lol



And you're too stupid to understand that when Americans start paying that 700 billion...the first guy in line with his hand out is going to be Warren Buffet.


Stop embarrasing yourself.

[RandomGuy]

Just because you are ignorant on how billionaires avoid taxes while still controlling their wealth doesn't mean I have failed...it just means you don't what the hell you are talking about.

Translation:

"but, but, but what I *really* meant was, but but but..."


All the gifts will be awarded yearly, with 5% of each donation passed on each year, it was announced.

The cash is passing out of his hands. Yes or no?

[whottt]

if he endorsed mccain you'd be all over his nutsack...admit it.


No I wouldn't...I'd just think he's more honest than I do now.


I'd never think he's altruistic...


He doesn't spend his money in an altruistic fashion.



Ted Turner is an example of altruistic billionaire...and that's about it. But he's also a fool.

[RandomGuy]

And you're too stupid to understand that when Americans start paying that 700 billion...the first guy in line with his hand out is going to be Warren Buffet.


Stop embarrasing yourself.

None of Buffetts companies own much of the shitty debt or equity that Paulson wants to buy with that cash, do they?

If you really think Buffett is a greedy idiot, you will have a hard time making your case.

Feel free to look keep looking foolish trying though. It is funny. :lol

[RandomGuy]

It is patently absurd to use the Bill Gates Foundation as an example of altruism.


You know who the board of trustees are on that charity?

Bill Gates
Melinda Gates
Warren Buffet.


They didn't give that stock wealth to charity, they gave it to themselves, they avoided paying taxes on it and they still control it.

What they did was transfer multiple billions of stock wealth into an entity where they could avoid paying just about any and all taxes on it...

They only have to give away 5% of the endowment per year...that's basically a 5% tax rate on all those billions...

Now you tell me those are the actions of individuals wanting to pay taxes.


And Buffet's contributions in particular are conditional...to where he can get the majority of that money back.

Don't fucking tell me that was altruism...that's a fucking joke.

The joke is your understanding of a durable trust that is essentially what the foundation is.

They make 6-10% on the invested money and donate 5% of the assets, so that the foundation doesn't run out and keeps on having the ability to do decent things long after they are gone, THIS IS THE PURPOSE OF THE TRUST TO BEGIN WITH YOU MORON.

The stated purpose of the foundation MUST be charitable, and they CANNOT use the money to benefit themselves. Sure it is all tax free, just as any other charitable giving is.

[whottt]

The cash is passing out of his hands. Yes or no?

LOL in the way he chooses, without a tax dime being paid....and at a lower rate by 30% minimum! Than it would by conventional means...and this is with a long term capital gains tax rate of maybe 8%, extremely low.


Sorry but you guys don't know wha the fuck you are talking about...as evidence by ChumpDumper and Base having seemingly no awareness of the possibility of someone having a negative net worth....when they are in the process of talking shit.

[Wild Cobra]

whottt, donate 85% of your net worth to charity and I will vote for McCain.

Do that shit....Do it.

Careful what you wish for now...

If Whott is upside-down in credit purchases, only has a net worth of $100, and donates $85 before his payday, that qualifies, right?

With the housing price correction allot of people are seriously upside-down! It's possible...

[2centsworth]

You know where Buffet got his start?

With a life insurance company.

You know why the biggest policies are bought?

To pay estate taxes.

I have a policy myself that exists solely to pay those taxes if I meet a premature end. That way my business won't have to be sold to pay the taxes. Big problem with estate taxes is that they are due and payable right away - in cash. Most wealth is not held in cash. Now, the person that most people think of paying these taxes are the Paris Hilton's and Kennedy's of the world. Who cares if they have to sell their 4th home in the Hampton's right? The people they don't think of are the small-business owners; who don't have much cash (have sunk it all into the business) - but they have a business that is attractive for its cash-flow to larger businesses. Those businesses buy the small ones, let most of the employees go, and absorb the income into their own structure. They are willing to pay pretty good money, therefore, for a business that generates several million in revenue, even if it only generates a couple hundred grand for the ownership. Therefore, the "value" of the business is well over the (old. $1.2 million) threshold for estate tax exemption. Hope I explained that well.

Buffet rails on "Dynastic" wealth when arguing for estate taxes. The exemption prior to Bush was only $600 K - twice that for a married couple. EVERYTHING above that was taxed at 60%!!! Now, what "dynasties" are built on a foundation of 600 grand???? Buffet is disengenuous on this one.

Estate taxes suck.

I'm for big time exclusion such as $10 million or so per person, but for someone to inherit $100 million and all the political influence that comes with that, you have to do more than just be born in my eyes. Those types of estates create mini dynasties . We don't need kings and queens.

[clambake]

I'm for big time exclusion such as $10 million or so per person, but for someone to inherit $100 million and all the political influence that comes with that, you have to do more than just be born in my eyes. Those types of estates create mini dynasties . We don't need kings and queens.

you just described cindy.

[2centsworth]

you just described cindy.

ok, so what's your point? also, I don't exactly know how her finances are set-up, so it's not that I'm in agreement with you.

[clambake]

ok, so what's your point? also, I don't exactly know how her finances are set-up, so it's not that I'm in agreement with you.

the point is that her finances were set up at birth.

you are calling her a Queen.

but in this case it won't matter to you.

thats the point.

[TheMadHatter]

This thread is chock full of wisdom

[RandomGuy]

LOL in the way he chooses, without a tax dime being paid....and at a lower rate by 30% minimum! Than it would by conventional means...and this is with a long term capital gains tax rate of maybe 8%, extremely low.


Sorry but you guys don't know wha the fuck you are talking about...as evidence by ChumpDumper and Base having seemingly no awareness of the possibility of someone having a negative net worth....when they are in the process of talking shit.

:lmao

You don't get to say someone else "doesn't know what the fuck" they are talking about. :nope

The fact that you thought the foundation only giving away 5% of its assets per year was greed, instead of what is about to be normally expected from a charitable trust, pretty much says that you are a know-nothing poser.

A trust is a corporation. It has a charitable purpose, but still must not spend more than it earns if it wants to survive in the long run, just like a for-profit corporation.

Watching you fling your own crap and jump up and down like a monkey is fun, but don't try to pretend you know more than you do, it makes it more sad and less funny.

Stick to flinging poo, little monkey, and let the grown-ups talk.

[TheMadHatter]

:lmao

You don't get to say someone else "doesn't know what the fuck" they are talking about. :nope

The fact that you thought the foundation only giving away 5% of its assets per year was greed, instead of what is about to be normally expected from a charitable trust, pretty much says that you are a know-nothing poser.

A trust is a corporation. It has a charitable purpose, but still must not spend more than it earns if it wants to survive in the long run, just like a for-profit corporation.

Watching you fling your own crap and jump up and down like a monkey is fun, but don't try to pretend you know more than you do, it makes it more sad and less funny.

Stick to flinging poo, little monkey, and let the grown-ups talk.

:lmao

[Shastafarian]

:lmao

You don't get to say someone else "doesn't know what the fuck" they are talking about. :nope

The fact that you thought the foundation only giving away 5% of its assets per year was greed, instead of what is about to be normally expected from a charitable trust, pretty much says that you are a know-nothing poser.

A trust is a corporation. It has a charitable purpose, but still must not spend more than it earns if it wants to survive in the long run, just like a for-profit corporation.

Watching you fling your own crap and jump up and down like a monkey is fun, but don't try to pretend you know more than you do, it makes it more sad and less funny.

Stick to flinging poo, little monkey, and let the grown-ups talk.

:lol I think someone just got put on whottt's ignore list for being "boring".

[2centsworth]

the point is that her finances were set up at birth.

you are calling her a Queen.

but in this case it won't matter to you.

thats the point.

you are not making a point, but it doesn't surprise me because you read what you want.

Just in case a bolt of lightening strikes you and you decide to actually read a post I'll explain it in simple terms.

I'm against dynastic wealth. dynastic wealth is someone outright inherits $100 million. However, some people inherit the responsiblities of managing that type of wealth for the benefit of others and charities. I don't know which category Cindy falls in, but if she falls in to the former I disagree with that.

Now tell me what do wives have to do with this campaign?

[RandomGuy]

Rats. I posted that in something of a snit, and was going to go back and take some of the snarkiness out of it. Whottt is an ass, but I really didn't want to get down to his level.

That is a loss in my fight against my lower self. Dammit. Ah well, life goes on.

[RandomGuy]

:lol I think someone just got put on whottt's ignore list for being "boring".

http://www.trephination.net/gallery/macros/ohdramaimage.jpg

[clambake]

you are not making a point, but it doesn't surprise me because you read what you want.

Just in case a bolt of lightening strikes you and you decide to actually read a post I'll explain it in simple terms.

I'm against dynastic wealth. dynastic wealth is someone outright inherits $100 million. However, some people inherit the responsiblities of managing that type of wealth for the benefit of others and charities. I don't know which category Cindy falls in, but if she falls in to the former I disagree with that.

Now tell me what do wives have to do with this campaign?

:lmao you are the one that brought it up.

i think you failed to notice that you completely described cindy mccain.

one of the wives is a queen. you said so.

[RandomGuy]

Gates Foundation awards Cornell $26.8 million to lead global fight against deadly wheat plague (http://www.news.cornell.edu/stories/April08/wheat.rust.lm.html)

[Shastafarian]

They don't spend their money altruistically RG. Haven't you heard?!?!?

[RandomGuy]

Recent Education Research and Evaluation Grants

http://www.gatesfoundation.org/NR/rdonlyres/DC151477-4583-4084-96C3-CD2522F923C3/1234/Resource1.gif

[RandomGuy]

Pitt receives $10 million from Gates Foundation (http://www.eurekalert.org/pub_releases/2008-08/uops-pr081808.php)
Vaccine Modeling Initiative will use computer models to determine most successful vaccine technologies to quickly control epidemics

[Shastafarian]

:lmao god this is the definition of being owned

[RandomGuy]

Gates Foundation Adding to a School Project (http://www.nytimes.com/2004/12/08/education/08college.html)

In an effort to improve high school graduation rates and encourage more low-income students to finish college, the Bill and Melinda Gates Foundation will spend an additional $30 million to create hybrid high schools in which students spend significant time in college classes, the foundation announced yesterday.

[RandomGuy]

U-M project one of 43 funded by Gates Foundation (http://www.ur.umich.edu/0405/July11_05/01.shtml)

The Michigan Nanotechnology Institute for Medicine and Biological Sciences
(M-NIMBS) is one of 43 institutions—and one of only two in the Midwest—to receive a Grand Challenges in Global Health Initiative grant funded largely by the Bill & Melinda Gates Foundation.

The initiative seeks to achieve scientific breakthroughs against a number of diseases that kill millions of people each year in the world's poorest countries. The fund is supported by commitments of $450 million from the Gates Foundation, $27.1 million from the Wellcome Trust and $4.5 million from the Canadian Institutes of Health Research (CIHR).

[RandomGuy]

U.N. food-program effort gets help from Gates Foundation (http://seattletimes.nwsource.com/html/businesstechnology/2008199487_webgatesag24.html)

Bill Gates will unveil a plan to bring hundreds of thousands of small farmers into the market as suppliers to the U.N. World Food Program.

By Kristi Heim

Seattle Times business reporter

Trying new market mechanisms to address poverty, the Bill & Melinda Gates Foundation is supporting an effort to link one of the world's largest food buyers with the world's smallest farmers.

[TheMadHatter]

Republicons have now left the building.

[RandomGuy]

Gates Foundation Awards $19.4 Million to Mercy Corps for Microfinance Project (http://foundationcenter.org/pnd/news/story_print.jhtml?id=217900062)

Mercy Corps, a U.S.-based nonprofit that works to alleviate suffering, poverty, and oppression by helping people build secure, productive and just communities, has announced a $19.4 million grant from the Bill & Melinda Gates Foundation to expand access to financial services for Indonesia's poor.

[RandomGuy]

Gates Foundation expands library project (http://news.cnet.com/Gates-Foundation-expands-library-project/2110-1036_3-6139975.html)

The Bill and Melinda Gates Foundation has announced the expansion of its Global Libraries Initiative, a project that will invest $328 million over seven years to help developing countries plan and install free computer and Internet service in public libraries and reading rooms. According to the foundation, 87 percent of people worldwide have no Internet access. The Global Libraries Initiative aims to alleviate the problem of computer and Internet availability in 12 to 15 developing countries.

[RandomGuy]

I think I have made my point.

This took all of a few minutes with the google search for "gates foundation projects" (http://www.google.com/search?hl=en&q=gates+foundation+projects&start=0&sa=N)

I didn't see any of those projects making the foundation any money...

[RandomGuy]

They don't spend their money altruistically RG. Haven't you heard?!?!?


It is patently absurd to use the Bill Gates Foundation as an example of altruism.

That is going in my siggy.

[whottt]

None of Buffetts companies own much of the shitty debt or equity that Paulson wants to buy with that cash, do they?

What an idiot you truly are...smart guy:

Wiki:

On September 21, 2008, Goldman Sach's CEO, announced Goldman Sachs was going to change of status from broker to "Bank holding" and hence be able to seek liquidities from the Federal Reserve Board in consideration for higher regulation concerning its activities. http://www2.goldmansachs.com/our-firm/press/press-releases/current/bank-holding-co.html




Buffett boosts Goldman Sachs with $5-billion investment
3:56 PM, September 23, 2008
Warren Buffett to the rescue: His Berkshire Hathaway Inc. agreed today to invest $5 billion in Goldman Sachs Group via a purchase of preferred stock.

Berkshire also will get warrants to buy up to $5 billion of Goldman common shares.

The deal, announced after markets closed, amounts to a huge vote of confidence by Buffett in the investment banking titan, at a time when investors remain spooked about the future of Wall Street.

"Goldman Sachs is an exceptional institution," Buffett said in a statement. "It has an unrivaled global franchise, a proven and deep management team and the intellectual and financial capital to continue its track record of outperformance."

Goldman CEO Lloyd Blankfein said the firm considered Buffett’s capital infusion "a strong validation of our client franchise and future prospects." Goldman also said it would raise another $2.5 billion by selling more common stock to the public.

Buffett will earn a hefty 10% dividend yield on his preferred shares. The warrants, which are immediately exercisable, have a strike price of $115 a share.

The deal has given Goldman’s shares a pop in after-hours trading, to $135.87. The stock had gained $4.27 to $125.05 in regular trading, after falling as low as $113.














If you really think Buffett is a greedy idiot, you will have a hard time making your case.


You mean aside from the fact that he's currently the richest man in the world, asshat?

And just got richer due to capitalizing on a taxpayer funded bailout?




Feel free to look keep looking foolish trying though. It is funny. :lol


whottt on September 21st, when the sky was falling:

http://spurstalk.com/forums/showthread.php?t=104358&page=27


Corporate Bonds...Preferred Shares...same fucking difference. Except preferred shares in this instance are like 5 billion times better.


Although I will admit I didn't excpect Buffet to be one of the ones diving in.

Don't tell me I don't know what I'm talking about...it's you guys that don't know what the fuck anyone is talking about it.



Funny thing is...it doesn't take above average intelligence to see what is going on here...common intelligence can see it...the fact that you guys don't says a lot more about you than it does about me.




Meanwhile...I'll let you guys keep deluding yourself into believing the living breathing walking talking unethical, manipulating, controlling, anti-trust violation known as Bill Gates or anything and anyone to do with him...is altruistic.


Fools.


And Chump...you owe me a vote for McCain. I have a negative net worth due my credit card debt....and that's including my annual income as an asset.

[whottt]

:lmao

You don't get to say someone else "doesn't know what the fuck" they are talking about. :nope

The fact that you thought the foundation only giving away 5% of its assets per year was greed, instead of what is about to be normally expected from a charitable trust, pretty much says that you are a know-nothing poser.

Idiot...they have to give away that much minimum to maintain their status as a charitable foundation.


That's still less than they'd pay in taxes if they liquidated it...and they can get to choose entirely what that money is spent on.


This is about paying taxes....

This is about the rich paying taxes...this is about Warren Buffet paying taxes.


You guys used a tax shelter as evidence he is altruistic and actually believes his tax the rich stance...fucking moron.


If he wants to pay taxes than why did he shelter a vast portion of his wealth?


Wealth he still controlls...


Wealth that was pledged with conditions, conditions he himself can negate as trustee.

Don't give me this shit is altruism.






A trust is a corporation. It has a charitable purpose, but still must not spend more than it earns if it wants to survive in the long run, just like a for-profit corporation.


It's stated goal is not to survive in the long run.


It's stated goal is to one day be out of business.


Why not just do it now?








Watching you fling your own crap and jump up and down like a monkey is fun, but don't try to pretend you know more than you do, it makes it more sad and less funny.

Yeah well 2 years ago I was a Real Estate Agent and last summer I did everything I needed to become a stock broker....








Stick to flinging poo, little monkey, and let the grown-ups talk.

I'm sorry but you aren't near as smart as you think you are...pompous arrogant ass.

[RandomGuy]

Gawd that was painful to read. More know-nothing poserness.

Seriously.


On September 21, 2008, Goldman Sach's CEO, announced Goldman Sachs was going to change of status from broker to "Bank holding" and hence be able to seek liquidities from the Federal Reserve Board in consideration for higher regulation concerning its activities.

1) That is not a reference to the $700Bn bailout.. That is a reference to banks being able to borrow from the Fed, as ALL banks are able to do, and do so on daily basis.


Buffett will earn a hefty 10% dividend yield on his preferred shares. The warrants, which are immediately exercisable, have a strike price of $115 a share.

2)"Buffett boosts Goldman Sachs with $5-billion investment"


His Berkshire Hathaway Inc. agreed today to invest $5 billion in Goldman Sachs Group via a purchase of preferred stock.

When the author referred to Buffet "earning" a return, the reference was to "his" firm, not Buffett personally.

Anything else you want to bring up to show how little you know about what you are talking about?

[2centsworth]

:lmao you are the one that brought it up.

i think you failed to notice that you completely described cindy mccain.

one of the wives is a queen. you said so.

do you have a point to make? :lol

[RandomGuy]

Idiot...they have to give away that much minimum to maintain their status as a charitable foundation.

Indeed they do. It says as much in the notes to their financial statements. It is an IRS rule.

Hence the "about what would normally expect" part.

[2centsworth]

I'm sorry but you aren't near as smart as you think you are...pompous arrogant ass.

that's randomguy to the tee.

[RandomGuy]

I'm sorry but you aren't near as smart as you think you are...pompous arrogant ass.

:lmao

This from a guy who tells people who don't agree with him "you don't know what the fuck you are talking about... morons"? :nope

I see you have me in the crushing grip of reason. What is next?

"Buffett is a doo-doo head and so are you?"

"Boo-fucking-hoo, a guy who a lot of people look up to is voting for Obama, so I'll go out of my way to tear him down"

Sad.

[whottt]

Gawd that was painful to read. More know-nothing poserness.

Seriously.



1) That is not a reference to the $700Bn bailout.. That is a reference to banks being able to borrow from the Fed, as ALL banks are able to do, and do so on daily basis.


:lmao...you don't even understand what 700 billion dollar bailout is...good god, I hope there aren't many more like you voting.


It's not just about bad mortgages, it's about capital for banking institutions...


Guess which bank is going to get the lionshare of it? First, foremost?

Where do you think that money is going to be sitting?

You scare the shit out of me dude...you literally do.


Yeah...the Fed isn't going to recieve any of this 700 billion dollars...that's why Bernakke is all over this like there's no fucking tomorrow.


That's why the shares of Goldman Sachs went up on the news...


What an asshat.




2)"Buffett boosts Goldman Sachs with $5-billion investment"



When the author referred to Buffet "earning" a return, the reference was to "his" firm, not Buffett personally.

Oh ok....that's different then, he's only the chairman of the board and the largest stockholder :rollfucking eyes


Just out of curiosity...who else is on the board of Berkshire Hathaway?


And you guys thought the links between Cheney and Haliburton were incriminating?


Get fucking real.





Anything else you want to bring up to show how little you know about what you are talking about?


You're a very dishonest person...that's what I would like to add. You proved this emphatically when you drew a line between Buffet and Berkshire Hathaway.


Who do you think you're kidding?

[whottt]

:lmao

This from a guy who tells people who don't agree with him "you don't know what the fuck you are talking about... morons"? :nope

I don't say that to everybody...just those that don't realize they aren't as smart as they think they are.





I see you have me in the crushing grip of reason. What is next?

"Buffett is a doo-doo head and so are you?"

"Boo-fucking-hoo, a guy who a lot of people look up to is voting for Obama, so I'll go out of my way to tear him down"

Sad.



I don't think Buffet is doing anything wrong, I don't think his buy in of Goldman Sachs is wrong, I dont' think them receiving Federal Funds is wrong(as they are going to, make no mistake about it)...it's just when he acts like he's altruistic and not about making money that the problems arise...his business ethics aren't dishonest, but his words most certainly are.

This dude not only only circumvents paying taxes to a sickening degree to maintain spending power over the vast bulk of his wealth...what he does pay on it doesn't go to the country really, and he sends a great deal of it out of the country in the process.


It's about paying taxes...and he is circumventing doing that to maximum he can by law....don't me tell that's altruism, and don't tell me he actually lives his tax the rich creed.

That's where the hostility begins between you and I...

[RandomGuy]

It's stated goal is not to survive in the long run.


It's stated goal is to one day be out of business.

In all honesty, I have not seen the specific trust documents governing the formation of the two trusts that comprise the Gates foundation.

I would, however hope that a charity that seeks to eliminate poverty and human suffering would have, as its most fervent wish to one day be out of business, having no more poverty or suffering to alleviate.

It would seem from your statements that you know whether the trust is meant to be a durable one that would survive the demise of the trustees.

Do you have a link to the organizing documents showing it is durable or not?

Do tell.

[ChumpDumper]

And Chump...you owe me a vote for McCain. I have a negative net worth due my credit card debt....and that's including my annual income as an asset.That means you'll have to take that amount from charity to get my vote.

Maybe you can ask the Gates Foundation for a grant.

[Warlord23]

Whottt ... you've said some dumb things on this forum, but this thread pretty much tops them all. Do you even understand how a charitable foundation works?

It's no big deal to accept once in a while that you're wrong if you're proved wrong. But that's one of your classic responses to being proved wrong; you just dig your own grave deeper and say stupider and stupider things till people forget your original stupid assertion.

[Shastafarian]

I don't say that to everybody...just those that don't realize they aren't as smart as they think they are.


When will you realize you're not as smart as you think you are?

[whottt]

I was lying



I know.

[ChumpDumper]

I know.I'll do it, like it matters in Texas. I didn't realize you were so deep in cc debt. I'm sure we'll all take that into consideration when you post about finance.

[whottt]

Whottt ... you've said some dumb things on this forum, but this thread pretty much tops them all. Do you even understand how a charitable foundation works?

Sure I do...do you understand what a capital gains tax is...stupid fuck? Obviously you don't if you think Buffet transferring his wealth condtionally to a charity that he himself is on the board of trustees for, and giving less than he would have paid in taxes, totally in any way he chooses, is a charitable contribution.


Do you understand stupid fuck that the genesis of this thread is based on comments Buffet himself has made about taxes, about the rich paying taxes...and why he endorses candidate X.

Do you understand stupid fuck that this so called charity is 37billion dollars, 37 billion dollars that he still controls, that he has sheltered from being taxed?

Do you undersatand you ignorant dumb incomparably stupid fuck?








It's no big deal to accept once in a while that you're wrong if you're proved wrong. But that's one of your classic responses to being proved wrong; you just dig your own grave deeper and say stupider and stupider things till people forget your original stupid assertion.


Sorry, but you agreeing with Random guy changes nothing...and I find it amusing how stupid people think multiple stupid people in agreement with one another makes them less stupid.


Or IOW...I wipe my ass with your ignorant, uninformed opinion.

[Shastafarian]

Sure I do...do you understand what a capital gains tax is...stupid fuck? Obviously you don't if you think Buffet transferring his wealth condtionally to a charity that he himself is on the board of trustees for, and giving less than he would have paid in taxes, totally in any way he chooses, is a charitable contribution.


Do you understand stupid fuck that the genesis of this thread is based on comments Buffet himself has made about taxes, about the rich paying taxes...and why he endorses candidate X.

Do you understand stupid fuck that this so called charity is 37billion dollars, 37 billion dollars that he still controls, that he has sheltered from being taxed?

Do you undersatand you ignorant dumb incomparably stupid fuck?




Sorry, but you agreeing with Random guy changes nothing...and I find it amusing how stupid people think multiple stupid people in agreement with one another makes them less stupid.


Or IOW...I wipe my ass with your ignorant, uninformed opinion.

Nobody puts baby in a corner.

[whottt]

I'll do it, like it matters in Texas. I didn't realize you were so deep in cc debt. I'm sure we'll all take that into consideration when you post about finance.



:lmao you go ahead and do that.....just remember your expertise on finance just lost you this bet.

[ChumpDumper]

Obviously you don't if you think Buffet transferring his wealth condtionally to a charity that he himself is on the board of trustees for, and giving less than he would have paid in taxes, totally in any way he chooses, is a charitable contribution. What conditions are important to you here? Is he able to take the money he contributes back out for his own use?

[ChumpDumper]

:lmao you go ahead and do that.....just remember your expertise on finance just lost you this bet.No, my overestimation of your financial responsibility lost it -- knowing about your irresponsibility is a bonus that's better than any worthless vote bet anyway. :lol

[TheMadHatter]

why do you guys waste time arguing with whottt?

[ChumpDumper]

why do you guys waste time arguing with whottt?This credit card debt revelation is a prime example.

It's fun watching him spite his face.

[whottt]

In all honesty, I have not seen the specific trust documents governing the formation of the two trusts that comprise the Gates foundation.

I would, however hope that a charity that seeks to eliminate poverty and human suffering would have, as its most fervent wish to one day be out of business, having no more poverty or suffering to alleviate.

It would seem from your statements that you know whether the trust is meant to be a durable one that would survive the demise of the trustees.

Do you have a link to the organizing documents showing it is durable or not?

Do tell.


Wiki:

[edit] Lifespan
In October 2006 the Bill & Melinda Gates Foundation was split into two entities: the Bill & Melinda Gates Foundation Trust, which manages the endowment assets and the Bill & Melinda Gates Foundation, which "... conducts all operations and grantmaking work, and it is the entity from which all grants are made."[30][31] Also announced was the decision to "... spend all of [the Trust's] resources within 50 years after Bill's and Melinda's deaths."[32][33][34][35] This would close the Bill & Melinda Gates Foundation Trust and effectively end the Bill & Melinda Gates Foundation. In the same announcement it was reiterated that Warren Buffett "... has stipulated that the proceeds from the Berkshire Hathaway shares he still owns at death are to be used for philanthropic purposes within 10 years after his estate has been settled."[32]
The plan to close the Foundation Trust is in contrast to most large charitable foundations that have no set closure date.[citation needed] This is intended to lower administrative costs over the years of the Foundation Trust's life and ensure that the Foundation Trust not fall into a situation where the vast majority of its expenditures are on administrative costs, including salaries, with only token amounts contributed to charitable causes.[33][/quote]



IOW...anyone else will get that money over their dead bodies :tu

They'll control it for the rest of their lives. And it's not like they were ever going to live long enough to spend it anyway...


It's simply hording it paying as little tax on it as possible, for the rest of their lives.


Whether or not they are spending it better than the US Govt would is open to debate...but one that cannot be argued is that they aren't paying taxes on it and a great deal of it is going outside the country.


And they still control it.

[Shastafarian]

Do you think he gets all his "thoughts" from wikipedia?

[RandomGuy]

Whottt ... you've said some dumb things on this forum, but this thread pretty much tops them all. Do you even understand how a charitable foundation works?

It's no big deal to accept once in a while that you're wrong if you're proved wrong. But that's one of your classic responses to being proved wrong; you just dig your own grave deeper and say stupider and stupider things till people forget your original stupid assertion.


Ain't no way he is going to forget this. I am keeping that in my siggy for all time.

[RandomGuy]

Sure I do...do you understand what a capital gains tax is...stupid fuck? Obviously you don't if you think Buffet transferring his wealth condtionally to a charity that he himself is on the board of trustees for, and giving less than he would have paid in taxes, totally in any way he chooses, is a charitable contribution.


Do you understand stupid fuck that the genesis of this thread is based on comments Buffet himself has made about taxes, about the rich paying taxes...and why he endorses candidate X.

Do you understand stupid fuck that this so called charity is 37billion dollars, 37 billion dollars that he still controls, that he has sheltered from being taxed?

Do you undersatand you ignorant dumb incomparably stupid fuck?








Sorry, but you agreeing with Random guy changes nothing...and I find it amusing how stupid people think multiple stupid people in agreement with one another makes them less stupid.


Or IOW...I wipe my ass with your ignorant, uninformed opinion.

Your mother was a hampster and your father smells of elderberries.
I wave my private parts at your aunties.
I fart in your general direction.

Now go away or I will taunt you a second time, you silly english kaniggits!

Because if you call somebody a "stupid fuck" enough, that will magically make you right.

This reminds me nothing so much as a Monty Python skit. I can see the spittle on whottt's computer screen from here.

[whottt]

No, my overestimation of your financial responsibility lost it --

What makes you think I'm financially irresponsible?


I'd say having all your net worth in assets that can be seized, or in a variable rate mortgage and lending institutions that are on the verge of going bankrupt, is irresponsible...


Besides, accumulation of wealth is over-rated and illusory.






knowing about your irresponsibility is a bonus that's better than any worthless vote bet anyway. :lol

LOL because asking was too difficult?

Because...I've mentioned my debt before...countless times?


Now you're going to have to spend money on gas to go out and vote for a candidate you don't even like...all because you didn't ask a simple question...bad move financially. That's assuming you do the honorable thing of course...

[RandomGuy]

Wiki:

[edit] Lifespan
In October 2006 the Bill & Melinda Gates Foundation was split into two entities: the Bill & Melinda Gates Foundation Trust, which manages the endowment assets and the Bill & Melinda Gates Foundation, which "... conducts all operations and grantmaking work, and it is the entity from which all grants are made."[30][31] Also announced was the decision to "... spend all of [the Trust's] resources within 50 years after Bill's and Melinda's deaths."[32][33][34][35] This would close the Bill & Melinda Gates Foundation Trust and effectively end the Bill & Melinda Gates Foundation. In the same announcement it was reiterated that Warren Buffett "... has stipulated that the proceeds from the Berkshire Hathaway shares he still owns at death are to be used for philanthropic purposes within 10 years after his estate has been settled."[32]
The plan to close the Foundation Trust is in contrast to most large charitable foundations that have no set closure date.[citation needed] This is intended to lower administrative costs over the years of the Foundation Trust's life and ensure that the Foundation Trust not fall into a situation where the vast majority of its expenditures are on administrative costs, including salaries, with only token amounts contributed to charitable causes.[33]



IOW...anyone else will get that money over their dead bodies :tu

They'll control it for the rest of their lives. And it's not like they were ever going to live long enough to spend it anyway...


It's simply hording it paying as little tax on it as possible, for the rest of their lives.


Whether or not they are spending it better than the US Govt would is open to debate...but one that cannot be argued is that they aren't paying taxes on it and a great deal of it is going outside the country.


And they still control it.[/QUOTE]

Good enough for me.

1) They already paid income taxes on the money given to the trust, even if it was simply at the capital gains tax rate.

Yes or no?

[whottt]

This credit card debt revelation is a prime example.

It's fun watching him spite his face.

What makes you think my credit card debt is anything outrageous?


Could be that my credit card debt is not much at all relavtive to the average American and it's my lack of assets that are responsible for the debt.


Edit: That should read my lack of seizable assets.

[ChumpDumper]

What makes you think I'm financially irresponsible?


I'd say having all your net worth in assets that can be seized, or in a variable rate mortgage and lending institutions that are on the verge of going bankrupt, is irresponsible...


Besides, accumulation of wealth is over-rated and illusory. :lmao







LOL because asking was too difficult?

Because...I've mentioned my debt before...countless times?I don't read all your posts. Sorry. This will be remembered though.



Now you're going to have to spend money on gas to go out and vote for a candidate you don't even like...all because you didn't ask a simple question...bad move financially. That's assuming you do the honorable thing of course...I was going to vote anyway, and I walk to Hill Elementary to vote. :tu

[RandomGuy]

I've got 100 dollars invested in a nice investment that returns me 7 dollars per year.

My tax on that 7 dollars is 3 dollars.

Now, because I hate taxes and am greedy, I will put that money into this special trust.

That hundred dollars now makes the same 7 dollars, but I am required to give away 5 dollars of that 100 every year.

Ending money in trust:
$102

Ending money in normal investment, after taxes:
$104

If I am greedy, which option will I pick?

[KenMcCoy]

1) They already paid income taxes on the money given to the trust, even if it was simply at the capital gains tax rate.

Yes or no?

Charitable contributions are usually deductible from income...so that would be a no.

[whottt]

Good enough for me.

1) They already paid income taxes on the money given to the trust, even if it was simply at the capital gains tax rate.

Yes or no?

I'm saying no.


I don't know about Gates, but I don't believe Buffet paid a dime, all he did was transfer shares, pretty sure Capital Gains tax is waived on stock transfers to charitable organizations, 100% write off....may depend on where the transfer is done though.

On top of that... I believe he was able to get a substantial tax write off on the entire transfer for his personal income tax.


One thing is beyind all doubt...he's not paying any taxes in it now, and he still controls it, and he can still get it back.


He didn't give anything away.

[whottt]

Charitable contributions are usually deductible from income...so that would be a no.Plus I don't think he sold the stock...I think he just transferred it to the Gates foundation.

It's basically a rollover account for personal wealth.

Must be nice :tu

[RandomGuy]

Charitable contributions are usually deductible from income...so that would be a no.

So he didn't pay any taxes on the income for the assets in the first place?

The charitable contribution gets you a deduction on your income taxes but you have still paid taxes on the income that produced the asset.

Example:

Year one, I earn $100 and pay 20 dollars in taxes on that, leaving $80.

Year two, give $80 to charity and earn $100, making my taxable income $20, and pay $2 in taxes on that income.

In the end I have avoided a lot of taxes, but now only have $98 as opposed to $160 if I had not given any money to charity.

[whottt]

I was going to vote anyway, and I walk to Hill Elementary to vote. :tu

So you still have to needlessly spend money on food to get the carbs for that walk...plus you'll be increasing your chances of skin cancer if you walk in the sun(unless of course you SPEND on Sunscreen)...so basically you're spending money and risking your health...all because you simply didn't ask.

And I'm the irresponsible one?


Sounds like a prime candidate for a variable rate mortgage if ever there was one.

[RandomGuy]

I'm saying no.

I don't know about Gates, but I don't believe Buffet paid a dime, all he did was transfer shares, pretty sure Capital Gains tax is waived on stock transfers to charitable organizations, 100% write off....may depend on where the transfer is done though.

On top of that... I believe he was able to get a substantial tax write off on the entire transfer for his personal income tax.

One thing is beyind all doubt...he's not paying any taxes in it now, and he still controls it, and he can still get it back.

He didn't give anything away.

He gets to write off his basis in the stock (what he paid for it in un-inflation adjusted dollars).

He does indeed "control" it in the sense that he can decide or direct how it is given away, but it cannot benefit him directly.

He cannot go out and buy a house or a car, or even a candybar with the assets given to the trust. He could draw a reasonable stipend/salary as a trustee. Given that his CEO salary for Berkshire is $100,000, I don't see that as being a large source of income.

How do you know he can legally get it back?

[ChumpDumper]

So you still have to needlessly spend money on food to get the carbs for that walk...plus you'll be increasing your chances of skin cancer if you walk in the sun(unless of course you SPEND on Sunscreen)...so basically your spending money and risking your healthy...all because you simply didn't ask.I eat and walk and go outside every day.



Sounds like a prime candidate for a variable rate mortgage if ever there was one.You mean an easy credit card offer.

Our home has a fixed mortgage, but the place itself is apparently illusory. :lmao

[2centsworth]

Originally Posted by RandomGuy http://spurstalk.com/forums/images/Style_Templates/DefaultStyle/buttons/viewpost.gif (http://spurstalk.com/forums/showthread.php?p=2788472#post2788472)


Good enough for me.

1) They already paid income taxes on the money given to the trust, even if it was simply at the capital gains tax rate.

Yes or no?

I can't tell you enough how screwed up this post is.

First, they already paid income taxes on the assets given to the trust even if it was a capital gains tax. WHAT? You pay income taxes on income and capital gains on Assets.

Second, assets transfered to a charitable trust and then sold inside the trust incur ZERO TAXES!

and you call yourself a genius?

[KenMcCoy]

So he didn't pay any taxes on the income for the assets in the first place?

The charitable contribution gets you a deduction on your income taxes but you have still paid taxes on the income that produced the asset.

Example:

Year one, I earn $100 and pay 20 dollars in taxes on that, leaving $80.

Year two, give $80 to charity and earn $100, making my taxable income $20, and pay $2 in taxes on that income.

In the end I have avoided a lot of taxes, but now only have $98 as opposed to $160 if I had not given any money to charity.

Since he is giving away his stocks it is different...remember that you don't realize income on gains made in stocks until you cash them in. Plus he divied up the contribution (it wasn't all 37 billion at one time)...I'm sure he did this to stay under the 50% of his Adjusted Gross Income allowable deduction amount.

He is basically giving it to charity to avoid being taxed on it.

From the IRS website:



Example.
Your adjusted gross income is $50,000. During the year, you gave capital gain property with a fair market value of $15,000 to a 50% limit organization. You do not choose to reduce the property's fair market value by its appreciation in value. You also gave $10,000 cash to a qualified organization that is not a 50% limit organization. The $15,000 gift of property is subject to the special 30% limit. The $10,000 cash gift is subject to the other 30% limit. Both gifts are fully deductible because neither is more than the 30% limit that applies ($15,000 in each case) and together they are not more than the 50% limit ($25,000).

http://www.irs.gov/publications/p526/ar02.html#d0e3121

[ChumpDumper]

Now you're going to have to spend money on gas to go out and vote for a candidate you don't even like.Let me just clarify this. I like McCain. I liked him better before he before he became such a pandering flip-flopper to get the Republican nomination -- but I can hope that when he is elected, he goes back to being a mavrick again and doesn't feel beholden to the nutty right. Some of his choices of advisers are a bit worrying though.

[whottt]

He gets to write off his basis in the stock (what he paid for it in un-inflation adjusted dollars).


And if it was a stock transfer, which I believe it was...he doesn't have to pay a dime in Capital Gains Tax.

IIRC we currently have the lowest Capital Gains Tax in history, what is it right now in his bracket...8% maybe?

And he won't have pay that to the full extrent...he won't pay any of it to the Government...he decides entirely what it is spent on...much of it outside the US.

IOW...none of it is going to taxes. None of it is going to the US Govt. That's the entire point...




He does indeed "control" it in the sense that he can decide or direct how it is given away, but it cannot benefit him directly.

Only if you use the narrowest definition of the word "benefit"




He cannot go out and buy a house or a car, or even a candybar with the assets given to the trust.

:lmao I am sure Buffet loses sleep at night worrying about how he will get a candybar or a new car.

You're hysterical dude.


Where is the common sense?




He could draw a reasonable stipend/salary as a trustee. Given that his CEO salary for Berkshire is $100,000, I don't see that as being a large source of income.

It's not intended to be a source of income....




How do you know he can legally get it back?


Because he hasn't "legally" given it all to them yet.

[2centsworth]

Originally Posted by RandomGuy http://spurstalk.com/forums/images/Style_Templates/DefaultStyle/buttons/viewpost.gif (http://spurstalk.com/forums/showthread.php?p=2788527#post2788527)

He gets to write off his basis in the stock (what he paid for it in un-inflation adjusted dollars).

where in the hell are you getting this from?

[whottt]

Because he hasn't "legally" given it all to himself yet.


Fixed

[KenMcCoy]

where in the hell are you getting this from?

I think he's halfway through Accounting Principles I.

[2centsworth]

he knows enough to be dangerous.

[whottt]

I eat and walk and go outside every day.

You'll have to do it extra now.








You mean an easy credit card offer.

You want to know what's funny?

I occupy the lowest tax bracket of anyone in this thread, I have the lowest net worth...

But without a doubt I have the best credit rating(probably not going to be worth anything shortly though) :lmao

My mentor on finance was Marshall Loeb:

Never put your own money at risk.


And I don't have a dime's worth of seizable assets.







Our home has a fixed mortgage, but the place itself is apparently illusory. :lmao

The building's not illusory...that it's "your" home is the illusion.

Of course it's illusory...

[Shastafarian]

You want to know what's funny?

I occupy the lowest tax bracket of anyone in this thread, I have the lowest net worth...

But without a doubt I have the best credit rating(probably not going to be worth anything shortly though) :lmao

My mentor on finance was Marshall Loeb:

Never put your own money at risk.


And I don't have a dime's worth of seizable assets.



Man you should win the nobel prize for economics! You're a genius. Please oh merciful whottt, teach us your ways.

[whottt]

He is basically giving it to himself to avoid being taxed on it.


Fixed :tu

[ChumpDumper]

You'll have to do it extra now.As I said, I was already going to vote. Now you are trying to say that walking is a bad thing. Hilarious. This is why I enjoy my discussions with whottt. He gets flustered and starts saying things like walking is bad and undesirable.


You want to know what's funny?

I occupy the lowest tax bracket of anyone in this thread, I have the lowest net worth...

But without a doubt I have the best credit rating :lmaoWhat does that even mean?


My mentor on finance was Marshall Loeb:

Never put your own money at risk.Marshall Loeb has money.



The building's not illusory...that it's "your" home is the illusion.

Of course it's illusory...:lmao Aren't you going into real estate? Or was that an illusion too?

[whottt]

I think he's halfway through Accounting Principles I.


By the way...you are my favorite ST poster ever, and I mean that :tu


Post more...read less, by all means.

[whottt]

As I said, I was already going to vote.

Only now you'll be doing it for someone you don't like...if you do the honorable thing that is.




Now you are trying to say that walking is a bad thing. Hilarious.

Too much of anything is bad...




This is why I enjoy my discussions with whottt. He gets flustered and starts saying things like walking is bad and undesirable.

I bet you more people have died walking than have died driving...


Flustered indeed...






What does that even mean?

It means I'd have this debt whether the credit came easy or not.




Marshall Loeb has money.

Yeap...



:lmao Aren't you going into real estate? Or was that an illusion too?

Got in, lost my ass, and got out. That Austin was the hottest real estate market in the country was the illusion...I figured it out eventually...quicker than the Government or Barrack Obama.

[ChumpDumper]

Only now you'll be doing it for someone you don't like...if you do the honorable thing that is.I just said I like McCain.





Too much of anything is bad...How much walking is bad? Is the 1.2 mile round trip to Hill too much? Let me know.





I bet you more people have died walking than have died driving...More people walk than drive, genius.



Flustered indeed...Yeah.







It means I'd have this debt whether the credit came easy or not. Congratulations.





Yeap...And you? Not so much.




Got in, lost my ass, and got out. That Austin was the hottest real estate market in the country was the illusion...I figured it out eventually...quicker than the Government or Barrack Obama.San Antonio was always hotter back then.

If you lost your ass, was any of your money part of that loss?

When did Obama say Austin was the hottest real estate market in the country? Link please.

See why this is fun?

[whottt]

I just said I like McCain.


Cool...glad I could change your mind :tu





How much walking is bad? Is the 0.8 mile round trip to Hill too much? Let me know.

Depends on what happens to you...









More people walk than drive, genius.

Doesn't change the fact that more people die walking than driving.





And you? Not so much.


Elitist.






San Antonio was always hotter back then.

Well I didn't sell any houses there either.




If you lost your ass, was any of your money part of that loss?

It could vary :smokin but since my net gain was non...the phrase is still correct.




When did Obama say Austin was the hottest real estate market in the country?

When he didn't say it wasn't...




See why this is fun?

I do...

[ChumpDumper]

Cool...glad I could change your mind :tuSorry, you had no effect on my opinion of McCain.





Depends on what happens to you...If i die walking to Hill Elementary School, you can claim scoreboard. I know it's important to you.










Doesn't change the fact that more people die walking than driving.Genius. Again, bravo. Personally, I've never been hit by a car while walking, but several times while in a car, so you're talking to the wrong person.






Elitist.Sure. Why not? That word pretty much has no meaning anymore anyway, so if you want to use it to distract, no problem.







Well I didn't sell any houses there either.Maybe you just sucked at it.





It could vary :smokin but since my net gain was non...the phrase is still correct. Did you put your own money at risk?






When he didn't say it wasn't...You were the person who claimed he thought austin was the hottest real estate market in the country. I asked you for some proof, and you ask for proof of a claim I never made.

Please provide a link to Obama's saying Austin, TX was the hottest real estate market in the nation.

At any time in his life.

Thanks in advance.

[whottt]

Sorry, you had no effect on my opinion of McCain.

I wouldn't expect you to admit it ;)





If i die walking to Hill Elementary School, you can claim scoreboard. I know it's important to you.


Actually...I can claim scoreboard even if you don't. It's a fact.










Genius. Again, bravo. Personally, I've never been hit by a car while walking, but several times while in a car, so you're talking to the wrong person.


Link to me saying more people get hit by cars walking than driving?






Sure. Why not? That word pretty much has no meaning anymore anyway, so if you want to use it to distract, no problem.


Truth always stings...







Maybe you just sucked at it.

The trends after I got out say otherwise.





Did you put your own money at risk?

Sure...or not.






You were the person who claimed he thought austin was the hottest real estate market in the country.

Who, me or Obama?




I asked you for some proof, and you ask for proof of a claim I never made.

Please provide a link to Obama's saying Austin, TX was the hottest real estate market in the nation.

At any time in his life.


Sure...after you provide me a link saying I said that Obama said Austin was the hottest real estate market in the Nation.




Thanks in advance.


De nada.

[clambake]

i love this thread. you gotta admire whott.....he's going down just like DeNiro(sp) in Cape Fear. never quit, man.

[whottt]

And I have to give clambake credit, he's a dumbass.

[clambake]

And I have to give clambake credit, he's a dumbass.

but i'm not broke. that must sting.

[whottt]

i love this thread. you gotta admire whott.....he's going down just like DeNiro(sp) in Cape Fear. never quit, man.



BTW, Chump's voting for McCain now, he even said he likes him....he's like 1 of the 2 non-idiot libs on this forum....celebrate that.

[clambake]

you need a job?

[whottt]

but i'm not broke. that must sting.


Funny isn't it...here I am broke, and I don't want your money, yet you will vote for the guy who is going to give it to me anyway.


And you probably still don't get why I call you stupid.

[whottt]

you need a job?

If you swallow...

[ChumpDumper]

I wouldn't expect you to admit it ;)Because you know I wouldn't lie about that. ;) Feel free to search the forum, but I know you won't.







Actually...I can claim scoreboard even if you don't. It's a fact.That more people walk than drive? Again. Genius. These things are very important to you, I understand. Too bad I never said otherwise.











Link to me saying more people get hit by cars walking than driving?I have never died walking, so I had to relate it to myself somehow. I have come much closer to death while driving.








Truth always stings...If you could tell me what you actually mean by that, it might sting -- but I doubt it.








The trends after I got out say otherwise.Trends say you didn't suck at it? Your sucking could be completely independent of any trend. Never underestimate your capacity to suck.






Sure...or not.Either you did or you didn't.

Did you?







Who, me or Obama?Ah, now it's time for you to play dumb. good move.






Sure...after you provide me a link saying I said that Obama said Austin was the hottest real estate market in the Nation.What exactly were you saying about Obama here?


Got in, lost my ass, and got out. That Austin was the hottest real estate market in the country was the illusion...I figured it out eventually...quicker than the Government or Barrack Obama.You were talking about the Austin real estate market, and how you found out it's hotness was an illusion you figured out before Obama.

Please explain yourself fully.



De nada.You didn't do anything I asked. I hereby withdraw my thanks and withhold them until you produce. You are a bad risk for advancing thanks toward, too.

[clambake]

seriously, you need a job? or do you normally fuck up every unknown possibility?

[whottt]

Because you know I wouldn't lie about that. ;) Feel free to search the forum, but I know you won't.

Search the forum for you liking McCain? Sure...







That more people walk than drive? Again. Genius. These things are very important to you, I understand. Too bad I never said otherwise.


That more people have died walking than driving.











I have never died walking,

Nor have you ever died driving.




so I had to relate it to myself somehow. I have come much closer to death while driving.


How do you know for certain?













Trends say you didn't suck at it? Your sucking could be completely independent of any trend. Never underestimate your capacity to suck.

Eh...I'm not a salesman, what can I say...but it most certainly was not a good market shortly after I got out.






Either you did or you didn't.

Did you?

I haven't decided yet...more than likely I did.












What exactly were you saying about Obama here?

You were talking about the Austin real estate market, and how you found out it's hotness was an illusion you figured out before Obama.

Please explain yourself fully.

You sure did you use a lot of words to say, "I don't have that link".

What I said there is pretty apparent.






You didn't do anything I asked. I hereby withdraw my thanks and withhold them until you produce. You are a bad risk for advancing thanks, too.


You want me to produce a link of statement I never said Obama made...that's not fair. You can't prove a negative.

[whottt]

seriously, you need a job?
If you really cared about my employment you wouldn't vote for Obama...





or do you normally fuck up every unknown possibility?

What?

[ChumpDumper]

Search the forum for you liking McCain? Sure.......








That more people have died walking than driving.Too bad I never said otherwise. You construct straw men rather quickly, I'll give you that.












Nor have you ever died driving.More genius.





How do you know for certain?In a physical sense, I am very sure. I have never been so physically damaged as I have in an auto wreck. If you would like to dispute that, feel free.






Eh...I'm not a salesman, what can I say...but it most certainly was not a good market shortly after I got out.What does that have to do with your sucking?







I haven't decided yet...more than likely I did.How does one decide such things?













You sure did you use a lot of words to say, "I don't have that link".

What I said there is pretty apparent.No, it's not.








You want me to produce a link of statement I never said Obama made...that's not fair. You can't prove a negative.What exactly are you claiming you figured out before Obama? The only thing you mentioned in the preceding sentence was the hotness of the Austin real estate market. To what else could you be referring?

[clambake]

If you really cared about my employment you wouldn't vote for Obama...
how could he do that? mess with your employment?






What?
i wonder how many times your stubborness has cost you an opportunity in life. send me your resume. i'm not trying to be an ass, but i won't ask again.

[whottt]

....







Too bad I never said otherwise. You construct straw men rather quickly, I'll give you that.

Jealous?












More genius.




In a physical sense, I am very sure.


There's no way for you to know that...you'd have to know how many times you were walkng a driver didn't see you.












How does one decide such things?

By having no seizable assets :smokin













No, it's not.



Oh sure it is...






What exactly are you claiming you figured out before Obama?

That Austin wasn't the hottest real estate market in the country.



The only thing you mentioned in the preceding sentence was the hotness of the Austin real estate market.

Nice catch...




To what else could you be referring?


Amazingly enough...I have re-read that quote many times, and nowhere in it do I see the phrase, "Obama said Austin was the hottest real estate market in the country" or anything remotely resembling it.... So why do you keep asking for a link?

[ChumpDumper]

Jealous?No.






There's no way for you to know that...you'd have to know how many times you were walkng a driver didn't see you.There is no way of knowing how physically damaged I was in a car wreck? Sorry, I was there. It was a long summer.








By having no seizable assets :smokinBut you said you already lost your ass. What did you lose?












Oh sure it is...Nope.







That Austin wasn't the hottest real estate market in the country.



Nice catch...So that means you claim Obama considered Austin the hottest real estate market in the country.

Please provide evidence for this claim.






Amazingly enough...I have re-read that quote many times, and nowhere in it do I see the phrase, "Obama said Austin was the hottest real estate market in the country" or anything remotely resembling it.... So why do you keep asking for a link?Amazingly enough, you don't understand what you, yourself, write and the connotations thereof. It's not my fault I do.

[Shastafarian]

It must be kind of frustrating debating with someone who thinks he's the smartest man alive Chumper. I don't know how you put up with him. Even if he says something stupid, which he does fairly often, is it worth the circles you guys go in?

[ChumpDumper]

This stuff means less to us than you think.

I am now afraid to walk to the kitchen now, though.

[Shastafarian]

This stuff means less to us than you think.

I am now afraid to walk to the kitchen now, though.

Well clearly he's not serious in a lot of the things he posts. But I'd bet my life he still thinks he's the smartest guy here (at least). I guess that kind of arrogance just gets on my nerves.

[ChumpDumper]

It's just the internets.

[Shastafarian]

It's just the internets.

The tubes?!?!?!

[whottt]

how could he do that? mess with your employment?

Sigh







i wonder how many times your stubborness has cost you an opportunity in life.

In what way? I'm not stubborn unless I know I'm right. I don't argue from a position of ignorance, ever. I am in fact the least stubborn person you will ever meet when I am ignorant of something.




send me your resume. i'm not trying to be an ass, but i won't ask again.

:lmao what a condescending ass...

It's like you legitimately think you're better than me because of your financial status...

How "Republican" of you.

I'm not asking you for a job fuckstick...nor do I judge someone one by their financial responsiblity and financial status. In fact I consider the focus on financial status a sign of hypochrisy in liberals....a common sign. See this thread for example...lots of examples.

At least 2 liberals are deriding me based on my financial status...


#1 I have jobs that suit my purpose for right now....kinda. I would like to make more money for what I do...but it's not something I am willing to change jobs over.

#2. If I didn't I'd go and get one.

#3. You can't give me the kind of job I want, I have to get a PHD to get it and I started doing just that last summer. As for paying it for it...don't worry, if Obama gets elected, you will :smokin

That's the one thing about his platform I like a whole lot.

[whottt]

No.






There is no way of knowing how physically damaged I was in a car wreck? Sorry, I was there. It was a long summer.

That's not what you said...you said closer to death, you said nothing about being physically damaged.

There is no way for you to know how close to death you have been when walking..for example...you don't know how many times a driver didn't see you.









But you said you already lost your ass. What did you lose?

My ass?












Nope.

Yep.







So that means you claim Obama considered Austin the hottest real estate market in the country.

Please provide evidence for this claim.


You're the one saying it's what I claim...you provide it.






Amazingly enough, you don't understand what you, yourself, write and the connotations thereof.

Sure I do.




It's not my fault I do.

But it is that you don't...it's certainly not mine.

[ChumpDumper]

That's not what you said...you said closer to death, you said nothing about being physically damaged.

There is no way for you to know how close to death you have been when walking..for example...you don't know how many times a driver didn't see you.That's what I meant. Looks like all those drivers who didn't see me didn't kill me, so I wasn't very close to death at all.










My ass?I know you are just stalling now, so we can just conclude that you risked and lost your own money in your real estate venture.












Yep.Nope.









You're the one saying it's what I claim...you provide it. I did. using your own words.







Sure I do.Then you can tell me when Obama considered Austin the hottest real estate market.





But it is that you don't...it's certainly not mine.But i do understand. You don't.

[whottt]

That's what I meant. Looks like all those drivers who didn't see me didn't kill me, so I wasn't very close to death at all.


There is no way for you to know.










I know you are just stalling now, so we can just conclude that you risked and lost your own money in your real estate venture.

Go ahead and conclude what you want...you concluded something about my financial status earlier in this thread that is now forcing you to vote for a candidate you like at a great financial and health risk to yourself.












Nope.

Anda yep.









I did. using your own words.

No...you didn't use my own words...you used your own own words.







Then you can tell me when Obama considered Austin the hottest real estate market.

Au contraire...you need to prove he knew it wasn't the hottest real estate market in the country, when it was said that it was, before I did...that's what needs to be proved here. And nothing else...






But i do understand.

No, you just think you do...much like you thought physical injury had to = closeness to death.

The rigidness of thought is all yours...and the lack of it, is all mine.



You don't.

False.

[ChumpDumper]

There is no way for you to know. Except I'm not dead. I'll let you know if that changes.











Go ahead and conclude what you want...you concluded something about my financial status earlier in this thread that is now forcing you to vote for a candidate you like at a great financial and health risk to yourself.:lmao












No...you didn't use my own words...you used your own own words.







Au contraire...you need to prove he knew it wasn't the hottest real estate market in the country, when it was said that it was, before I did...that's what needs to be proved here. And nothing else...You need to prove that Obama has ever said anything about the Austin real estate market. My contention is he hasn't. I have moved the bar very low or you. You're welcome.







No, you just think you do...much like you thought physical injury = closeness to death.You think walking = close to death.


The rigidness of thought is all yours...Sorry, it was a long summer and I was young. Others did die. These things stick with you.




False.Of course it's true. You just shot your mouth off about Obama for no reason and are now trying to squirm out of it. I guess it's easier than trying to defend Palin these days.

[whottt]

You need to prove that Obama has ever said anything about the Austin real estate market.

But I never made the claim Obama has ever said anything about the Austin real estate market.




My contention is he hasn't.

But can you prove it?




I have moved the bar very low or you. You're welcome.

You seek proof when you can provide none yourself....










Of course it's true. You just shot your mouth off about Obama for no reason and are now trying to squirm out of it.

I don't think I shot my mouth off at all...I think what I said was pretty apprarent.




I guess it's easier than trying to defend Palin these days.

Hmmm...I'll have to think about that.

[ChumpDumper]

But I never made the claim Obama has ever said anything about the Austin real estate market. You claimed having found out that Austin is not the hottest real estate market before Obama. can you prove it?




But can you prove it?Can you prove your contention?





You seek proof when you can provide none yourself....I didn't make a stupid claim about Obama and the Austin real estate market. You did. If you don't want to be asked to provide proof for such assertions, don't make those assertions.










I don't think I shot my mouth off at all...I think what I said was pretty apprarent.It's apparent that you claim to discovered the Austin real estate market wasn't the hottest in America before Obama.

Prove it.





Hmmm...I'll have to think about that.:lol If you have to think about defending Palin at all, that says quite a bit in itself.

[whottt]

You claimed having found out that Austin is not the hottest real estate market before Obama.

So you claim.



can you prove it?

Can you prove I didn't?



Can you prove your contention?

Can you disprove it?





I didn't make a stupid claim about Obama and the Austin real estate market.

Sure you did...




You did. If you don't want to be asked to provide proof for such assertions, don't make those assertions.

Well you're asserting my assertion is stupid...prove it.













It's apparent that you claim to discovered the Austin real estate market wasn't the hottest in America before Obama.

Prove it.

Prove I didn't.





:lol If you have to think about defending Palin at all, that says quite a bit in itself.

Rigid thinking on your part. It could mean something entirely different.

[ChumpDumper]

So you claim. So you claim.




Can you prove I didn't?Can you prove it?




Can you disprove it?Are you from Poland?






Well you're asserting my assertion is stupid...prove it.Just did.














Prove I didn't.Prove you did.






Rigid thinking on your part. It could mean something entirely different.You're here and not in the Palin threads. That's all that needs to be known.

[whottt]

So you claim.

If the shoe fits...




Can you prove it?


You first.



Are you from Poland?

Does it matter?






Just did.

Me too...earlier.














Prove you did.

Prove I didn't.








You're here and not in the Palin threads. That's all that needs to be known.

That's because I got 75% of the posters in the Palin threads on ignore...

[ChumpDumper]

You first.i can't prove a negative. You can certainly prove a positive. Please do so now.




Does it matter?It would explain a lot.



Prove I didn't.I can't prove a negative. Please prove your positive claim.





That's because I got 75% of the posters in the Palin threads on ignore...What about the other 25%?

[whottt]

i can't prove a negative.
Me either....you should be able to find a link to what he thinks the hottest real estate market was...I mean, since you are certain it wasn't Austin, you must know what it was.





You can certainly prove a positive. Please do so now.

You first.




It would explain a lot.

Can you give me an example?





I can't prove a negative.

You should be able to prove what he thought was the hottest real estate market...that's not a negative.




Please prove your positive claim.

You first...





What about the other 25%?

They aren't on ignore.

[ChumpDumper]

You made the claim that you figured out Austin was not the hottest real estate market in the nation before Obama.

Prove it.

My claim is you can't prove it.

Prove me wrong.

[whottt]

You made the claim that you figured out Austin was not the hottest real estate market in the nation before Obama.

Prove it.

My claim is you can't prove it.

Prove me wrong.



I can't prove a negative.

[ChumpDumper]

I can't prove a negative.
Got in, lost my ass, and got out. That Austin was the hottest real estate market in the country was the illusion...I figured it out eventually...quicker than the Government or Barrack Obama.
There is no negative to prove here.

You said you figured this out quicker than Obama.

Prove it.

[whottt]

There is no negative to prove here.

You said you figured this out quicker than Obama.

Prove it.



Dumbass...it's the height of asking me to prove a negative, for all we know he still thinks it's the hottest real estate market in the country.

[ChumpDumper]

Dumbass...it's the height of asking me to prove a negative, for all we know he still thinks it's the hottest real estate market in the country.Or he figured it out before you.

And yours was not a negative statement, therefore you were not asked to prove a negative.

Regardless, it was a stupid statement.

[whottt]

Or he figured it out before you.

Prove it.




And yours was not a negative statement, therefore you were not asked to prove a negative.

You asked for negative proof.



Regardless, it was a stupid statement.

Prove it...prove what he thinks the hottest real estate market is.

[ChumpDumper]

Prove it.Prove your statement.

I've proven it's a stupid statement that you can't back up.

That's all I need.

[whottt]

Prove your statement.

Prove yours.




I've proven it's a stupid statement that you can't back up.

And I've proven it's no stupider than yours, and backed it up as well as you have yours.



That's all I need.

Take so little...

[ChumpDumper]

Prove yours. No need.





And I've proven it's no stupider than yours, and backed it up as well as you have yours. Too bad it wasn't my contention in the first place, it was based on your original stupid statement.




Take so little...True enough.

[whottt]

No need.




Too bad it wasn't my contention in the first place, it was based on your original stupid statement.



True enough.


You have provided zero evidence my statement was wrong....


Fact.

[ChumpDumper]

You have provided zero evidence my statement was wrong....


Fact.You have provided zero evidence your statement was right....


Fact.

[Warlord23]

whottt, CD and all the other posters need to pay you by the hour for having fun at the expense of your retarded, clueless ass.

Hitting you with a little bit of logic and facts is like throwing a lighted match into an oil-well ... you just explode with wave after wave of unending stupidity.

As for taxation, if you understood even the most basic concepts around taxation, you wouldn't have been jizzed all over by anybody who cared to enter this thread. Glad this country still continues to makes 'em as stupid as you; otherwise smart people wouldn't be valued.

[whottt]

As for taxation, if you understood even the most basic concepts around taxation, you wouldn't have been jizzed all over by anybody who cared to enter this thread. Glad this country still continues to makes 'em as stupid as you; otherwise smart people wouldn't be valued.


Tell me what I didn't understand douchebag...c'mon tell me you ignorant son of a bitch...

What didn't I understand about taxation?

Tell me stupid fuck...


You boy Random Guy is still trying to remove that capital gain from his ass.

[whottt]

You have provided zero evidence your statement was right....


Fact.


And you have provided zero evidence it was wrong.

Fact.

[ChumpDumper]

And you have provided zero evidence it was wrong.

Fact.And you have provided zero evidence it was right.

Fact.

[whottt]

Yeahbut...the burden of proof is on the accuser.

[ChumpDumper]

This isn't a court. It's a message board.

[jhty01]

Suffering From Erectile Dysfunction or Impotence,Don't Worry;because you can now
Buy Online cheap Generic Drugs like Generic Viagra (http://www.trustpharma.com),Edegra,Meltabs,Silagra,Kamagr a (http://www.pharmaexpressrx.com/purchase/kamagra.asp) from
Trusted website pharmaexpressrx.com.

We offer FDA-approved prescription drugs, quick shipping,
and free secure online medical consultations.


http://www.pharmaexpressrx.com/images/genericviagra_p.jpg (http://www.pharmaexpressrx.com/purchase/sildenafil.asp) http://www.pharmaexpressrx.com/images/genericlevitra_p.jpg (http://www.pharmaexpressrx.com/purchase/genericlevitra.asp)
http://www.pharmaexpressrx.com/images/kamagra_p.jpg (http://www.pharmaexpressrx.com/purchase/kamagra.asp) http://www.pharmaexpressrx.com/images/genericviagrasoft_p.jpg (http://www.trustpharma.com/purchase/meltabs.asp)
http://www.pharmaexpressrx.com/images/silagra_p.jpg (http://www.kamagrastore.co.uk/forzest.php) http://www.pharmaexpressrx.com/images/caverta_p.jpg (http://www.cheapest-edegra.com/edegra.php)

Generic pharmacy online order generic viagra best seller purchasing discount generic drugs and medication.
Find our Quality Online Pills, Generic pharmacy Discounts on Generic cialis, generic Viagra, generic levitra (http://www.pharmaexpressrx.com/purchase/genericlevitra.asp), Forzest
, Meltabs, Penegra (http://www.kamagrastore.co.uk/penegra.php), Zenegra (http://www.kamagrastore.co.uk/zenegra.php), Kamagra,mens health articles.

[whottt]

Suffering From Erectile Dysfunction or Impotence,Don't Worry;because you can now
Buy Online cheap Generic Drugs like Generic Viagra (http://www.trustpharma.com),Edegra,Meltabs,Silagra,Kamagr a (http://www.pharmaexpressrx.com/purchase/kamagra.asp) from
Trusted website pharmaexpressrx.com.

We offer FDA-approved prescription drugs, quick shipping,
and free secure online medical consultations.


http://www.pharmaexpressrx.com/images/genericviagra_p.jpg (http://www.pharmaexpressrx.com/purchase/sildenafil.asp) http://www.pharmaexpressrx.com/images/genericlevitra_p.jpg (http://www.pharmaexpressrx.com/purchase/genericlevitra.asp)
http://www.pharmaexpressrx.com/images/kamagra_p.jpg (http://www.pharmaexpressrx.com/purchase/kamagra.asp) http://www.pharmaexpressrx.com/images/genericviagrasoft_p.jpg (http://www.trustpharma.com/purchase/meltabs.asp)
http://www.pharmaexpressrx.com/images/silagra_p.jpg (http://www.kamagrastore.co.uk/forzest.php) http://www.pharmaexpressrx.com/images/caverta_p.jpg (http://www.cheapest-edegra.com/edegra.php)

Generic pharmacy online order generic viagra best seller purchasing discount generic drugs and medication.
Find our Quality Online Pills, Generic pharmacy Discounts on Generic cialis, generic Viagra, generic levitra (http://www.pharmaexpressrx.com/purchase/genericlevitra.asp), Forzest
, Meltabs, Penegra (http://www.kamagrastore.co.uk/penegra.php), Zenegra (http://www.kamagrastore.co.uk/zenegra.php), Kamagra,mens health articles.


Way to fuck up the thread asshole.

[whottt]

This isn't a court. It's a message board.

I clicked for that?

[ChumpDumper]

You didn't like the Kamagra ad?

[RandomGuy]

Because he hasn't "legally" given it all to them yet.

He's given them several billion so far. I take him at his word that he will give the rest. Do you think the man is lying?

The guy drives himself in a Lincoln town car, doesn't really own any of the pretentious shit like 200 foot yachts or 10 million dollar homes to my knowledge, and has stated that he doesn't really know what to do with all his money.

If he gives the stock away before he cashes it out, then he has gotten no economic benefit from it.

[RandomGuy]

Since he is giving away his stocks it is different...remember that you don't realize income on gains made in stocks until you cash them in. Plus he divied up the contribution (it wasn't all 37 billion at one time)...I'm sure he did this to stay under the 50% of his Adjusted Gross Income allowable deduction amount.

He is basically giving it to charity to avoid being taxed on it.

From the IRS website:



If his goal is to give as much as possible to charity then minimizing the tax burden would be a perfectly reasonable part of this strategy.

That doesn't make him greedy, that means he is pursuing a strategy that makes the most out of his money for charity.

whottt, simply because of some jealous spite tries to insist that this is greed somehow.

I don't think whottt truly understands empathy or altruism.

It is very sad to see such concepts totally alien to a human being.

[RandomGuy]

IOW...anyone else will get that money over their dead bodies :tu

They'll control it for the rest of their lives. And it's not like they were ever going to live long enough to spend it anyway...


It's simply hording it paying as little tax on it as possible, for the rest of their lives.


Whether or not they are spending it better than the US Govt would is open to debate...but one that cannot be argued is that they aren't paying taxes on it and a great deal of it is going outside the country.


And they still control it.

Why is insisting on control of how your money is given away greedy?

If your goal is to give as much to charity as possible, would you not want to minimize your tax burden?

[whottt]

He's given them several billion so far. I take him at his word that he will give the rest. Do you think the man is lying?


The guy drives himself in a Lincoln town car, doesn't really own any of the pretentious shit like 200 foot yachts or 10 million dollar homes to my knowledge, and has stated that he doesn't really know what to do with all his money.

I bet he doesn't...



If he gives the stock away before he cashes it out, then he has gotten no economic benefit from it.

Yeah well...all I see is him avoiding taxes on it to the highest degree possible.

You have already confirmed that you lack the insight to understand why that is important to this discussion...and I've got zero desire in explain it to you, yet again.

[whottt]

If his goal is to give as much as possible to charity then minimizing the tax burden would be a perfectly reasonable part of this strategy.




Buffett replied: "I would say that if you felt the tax burden should be shifted in a significant way to the super-rich and away from the middle class, I would say that would make me re-evaluate you."
PM (EST)




Idiot.

[RandomGuy]

I bet he doesn't...

Yeah well...all I see is him avoiding taxes on it to the highest degree possible.

You have already confirmed that you lack the insight to understand why that is important to this discussion...and I've got zero desire in explain it to you, yet again.

I have plenty of insight, thank you very little.

It is your cynicism and sputtering malevolence that I lack. Both cloud your ability to think logically and reasonably.

I understand what you are trying to say, and I simply don't agree with your ultimate conclusions.

"If you avoid taxes, then you are greedy."

"If you avoid taxes, while saying that the super-rich don't pay enough, then you are a hypocrite."

I have shown the first to be patently false.

It is entirely possible to avoid taxes and not be greedy.
Giving to charity is the defintion of NOT greedy.

If you avoid taxes to maximize your gift to a charity, and giving to a charity is the definition of NOT being greedy, then I have disproven your statement.

To prove that the purpose of the Gates Foundation is to maximize the wealth of Gates and Buffet, you would have to prove that this vehicle is a better strategy than say, simply tossing it into a mutual fund.

As I have already pointed out:

Giving away 5%+ of the assets EVERY year, no matter what, is giving away 50-80% of the income such assets would generate.

This is FAR more than the government would take away, even if the capital gains tax was raised to the old standard.

You are attempting to argue that a guy who made his fortune investing doesn't understand this.

Is Warren Buffett an idiot?

[RandomGuy]

Hell, I'll even give you the second point, free of charge.

Warren Buffet is a hypocrite for not maximizing his tax burden and saying that the super-rich don't pay enough taxes.

But is he a greedy, stupid, hypocrite?

No.

[RandomGuy]

Originally Posted by RandomGuy

If his goal is to give as much as possible to charity then minimizing the tax burden would be a perfectly reasonable part of this strategy.



Originally Posted by article

Buffett replied: "I would say that if you felt the tax burden should be shifted in a significant way to the super-rich and away from the middle class, I would say that would make me re-evaluate you."
PM (EST)



Idiot.

Hypocrisy does not equate to stupidity. I didn't say he wasn't a hypocrite, merely that he was pursuing a reasonable strategy for maximizing his contribution.

If you can't tell the difference, than that is your problem of insight, not mine.

You have yet to show me any evidence of his greed, by the way.

Please explain how a man who earns $100,000 salary per year running a multi-billion dollar company is "excessively concerned with accumulating more wealth than he needs".

[whottt]

His endorsement is shit...

[RandomGuy]

"I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GNP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die."


Hardly sounds like a man obessed with wealth and accumulating more than he needs.

[RandomGuy]

His endorsement is shit...

:lol

You hope.

A lot of people listen to him, and they all have money, and they almost all vote.

His opinion is certainly better known and more widely respected than, say, yours.

Your opinion is worth what exactly in this election? One vote?

Do you think your "you stupid fucks" are going to swing anybody to vote for McCain?

Hmmm?

His endorsement means more than yours. And that kills you deep down inside.

That someone who is arguably smarter and wiser doesn't agree with you.

Say what you want about me, but you can't plausibly argue that he is less intelligent than you are.

[whottt]

Hardly sounds like a man obessed with wealth and accumulating more than he needs.

And you sound like a man that considers gluttony to be a virtue.

He had more wealth that he needed about 50 billion dollars ago.....didn't stop him from accumulating more.

He is still trying to accumulate more BTW, at the expense of the most decidedly un-super rich...see the Goldman Sachs purchase on the news of a taxpayer funded bailout for further evidence of this. IF that bail out goes through he's made 500 million at the direct expense of the tax payer.

[whottt]

:lol

You hope.

A lot of people listen to him, and they all have money, and they almost all vote.

Um...a lot of people will realize he's full of shit....some of them will now realize he's full of shit for the first time ever.

You know...the ones that know how Capital Gains taxes and tax shelters work etc...

Which includes both the honest wealthy and the dishonest.





His opinion is certainly better known and more widely respected than, say, yours.

Did you come up wih that all on your own?




Your opinion is worth what exactly in this election? One vote?

:lol! Funny you should say that in this thread. In this thread of any thread in history the fact that you said it in this one is hilarious.








Do you think your "you stupid fucks" are going to swing anybody to vote for McCain?

Hmmm?

No, I use words like stupid fuck on people that are exhibiting character traits I don't like in arguments, when I know I have the upper hand.

It's the best way of proving whether those traits are real or just imagined.

It's like a test...


FWIW, you passed the test...and you would have been one of the last guys I would have ever expected that of.

While you are beyond all doubt pompous and arrogant, and have an undeservedly high opinion of your own insight...you will admit when you don't know something...even if in somewhat painful and uncomforable circumstances..

I respect that, I truly do.

Props :tu




His endorsement means more than yours. And that kills you deep down inside.

However despite the fact that you passed that test...

You are still an asshat. :lol







That someone who is arguably smarter and wiser doesn't agree with you.

Say what you want about me, but you can't plausibly argue that he is less intelligent than you are.

Sure I can...this man his spent his life in the pursuit of accumulating something that by his own admission, he has no idea what to do with, and he's still doing it.

I don't consider that intelligent...I consider that a common fallacy and negative by-product, of the American culture. A pity really...because you really don't have to spend your life that way. And being an American doesn't automatically have to mean a life spent kneeling at the altar of materialism.

Let me be clear on this...I don't think he's a very smart man, I think he's a man who has wasted his life, and I bet deep down inside he feels that way also.


He has so much wealth, and continues to seek it, even after admitting he has no idea what to do with it..because he seeks to fill a hole with material gain that can't be filled with material gain. That's exactly how greed and gluttony and addiction work.

[whottt]

BTW...he's going to get owned by Bill Gates in this partnership before this is all over with.

[Tully365]

His endorsement is shit...

Do you mean to you it's shit, or generally, in the context of our entire country and to voters? I can't believe that you objectively think that Warren Buffet's endorsement in the presidential race during a terrible economic crisis has no weight to it at all.

[whottt]

Do you mean to you it's shit, or generally, in the context of our entire country and to voters?


It's shit as in he's full of it.





I can't believe that you objectively think that Warren Buffet's endorsement in the presidential race during a terrible economic crisis has no weight to it at all.


Link to me saying that?

[Purple & Gold]

Link to me saying that?


His endorsement is shit...

[Shastafarian]

The beauty of whottt is that he's ambiguous in his idiocy.

[RandomGuy]

---I can't believe that you objectively think that Warren Buffet's endorsement in the presidential race during a terrible economic crisis has no weight to it at all.

--Link to me saying that?-- whottt

--His endorsement is shit.---whottt



:lmao

http://www.trephination.net/gallery/macros/birdcrappedonkid2.jpg


Seriously. That was classic.

[RandomGuy]

:lol! Funny you should say that in this thread. In this thread of any thread in history the fact that you said it in this one is hilarious. .

http://www.trephination.net/gallery/macros/wtf-lightning.jpg

[RandomGuy]

I don't think [Warren Buffet is] a very smart man.

:lmao

Ooh man that's some gold.

Going to the siggy too.

Keep it up.

[Purple & Gold]

Sometimes I think whottt is just having a good laugh at everybody's expense.

[whottt]

Sometimes I think whottt is just having a good laugh at everybody's expense.

I said his endorsement was shit...there are several ways of interpreting that statement, you have a very limited number of interpretations of that statement and you attribute that to a lack of intelligence on my part...

Trust me...the lack of intelligence is entirely on your part.


There was nothing in that statement about votes...it was very open ended statement that could be interprested several ways, and you are simply ignorant every way of interpreting it but one.

You remain ignorant and locked into a narrow interpretion of my original statement...even after I clarified it.

[Shastafarian]

I said his endorsement was shit...there are several ways of interpreting that statement, you have a very limited number of interpretations of that statement and you attribute that to a lack of intelligence on my part...

Trust me...the lack of intelligence is entirely on your part.


There was nothing in that statement about votes...it was very open ended statement that could be interprested several ways, and you are simply ignorant every way of interpreting it but one.

You remain ignorant and locked into a narrow interpretion of my original statement...even after I clarified it.
See. Ambiguous Idiocy. Not sure what "interpretion" is either.

[Purple & Gold]

I said his endorsement was shit...there are several ways of interpreting that statement, you have a very limited number of interpretations of that statement and you attribute that to a lack of intelligence on my part...

Trust me...the lack of intelligence is entirely on your part.


There was nothing in that statement about votes...it was very open ended statement that could be interprested several ways, and you are simply ignorant every way of interpreting it but one.

You remain ignorant and locked into a narrow interpretion of my original statement...even after I clarified it.

OK whottt whatever you say :lol :lol

Saying his endorsement is shit doesn't mean it doesn't carry any weight. :rolleyes :rolleyes

You're not the idiot everybody else is. I couldn't have made this up if I tried. You should have ran as a repub for some type of office. You fight right in with all of them.

[2centsworth]

If he gives the stock away before he cashes it out, then he has gotten no economic benefit from it.


will you please shut the hell up because you have no idea what you're talking about.

you and your only get to write off basis, capital gains tax on income stupidity.

[Purple & Gold]

See. Ambiguous Idiocy.

:lol :lol If whottt is ambiguous enough he could claim he said anything.



Brilliant!!!
http://www.herloyalsons.com/blog/wp-content/uploads/2007/01/guinness-guys.jpg

[Shastafarian]

:lol :lol If whottt is ambiguous enough he could claim he said anything.



Brilliant!!!
http://www.herloyalsons.com/blog/wp-content/uploads/2007/01/guinness-guys.jpg

It's clever sure. But again, whottt is not as smart as he thinks he is.

[whottt]

OK whottt whatever you say :lol :lol

Saying his endorsement is shit doesn't mean it doesn't carry any weight. :rolleyes :rolleyes

I even clarified it...and you still filtered it through your limited perception.

Trust me...you are the one with the limited mental capcity in this discussion...not I.


You're not the idiot everybody else is.

:lmao I agree with that to an extent.




I couldn't have made this up if I tried.

But you did make it up...you made it up entirely. Whether you were trying or not.

That is exactly what you did.


You did it, even after I clarified the statement.




You should have ran as a repub for some type of office. You fight right in with all of them.

And you fit right in with the rest of the libs of extremely limited intellect that think their lack of perspective is a sign of intelligence.

[whottt]

:lol :lol If whottt is ambiguous enough he could claim he said anything.



Brilliant!!!
http://www.herloyalsons.com/blog/wp-content/uploads/2007/01/guinness-guys.jpg


Let's say I am ambiguous...not saying for certain than I am, but let's just say for the sake of argument that perhaps I do it intentionally...

Wouldn't that mean that the way you elect to interpret my statements says more about you than it does about me?

[Purple & Gold]

:blah :blah :blah :blah

OK whottt I'll give you another chance. How exactly did you clarify the statement?

This should be a good one....

[whottt]

BTW, I don't like calling myself ambiguous...I prefer the term idiot magnet.

[Purple & Gold]

Let's say I am ambiguous...not saying for certain than I am, but let's just say for the sake of argument that perhaps I do it intentionally...

Wouldn't that mean that the way you elect to interpret my statements says more about you than it does about me?

It's a brilliant tactic, I've already admitted it. That is if you wanna be an ambiguous ass that nobody takes seriously.

And yes when somebody says a persons opinion is shit it usually means to me that it holds very little or no value. I guess that's just my own biases showing.....

[whottt]

OK whottt I'll give you another chance. How exactly did you clarify the statement?

This should be a good one....


It means he's full of shit. I already said it...

He is simply full of shit.

How much clearer can I make it?

[Purple & Gold]

BTW, I don't like calling myself ambiguous...I prefer the term idiot magnet.

Touche :toast :toast

They do flock to your defense. Although not in this thread. Maybe they caught on to your game. :nope :nope

[whottt]

It's a brilliant tactic, I've already admitted it. That is if you wanna be an ambiguous ass that nobody takes seriously.

Tully was inclinded to make the same conclusion you did...but he at least asked.





And yes when somebody says a persons opinion is shit it usually means to me that it holds very little or no value. I guess that's just my own biases showing.....

Well obviously the said opinion doesn't carry much weight with the person saying it is shit.

There is nothing in that statement to indicate whether or not the sayer thinks anyone else will feel similarly...

[Purple & Gold]

It means he's full of shit. I already said it...

He is simply full of shit.

How much clearer can I make it?

So his opinion that Obama would make a better president (that's what endorsing means whottt) is full of shit. (because he said it and he's full of shit) Is different than his opinion on that subject (because that's what we were talking about) is shit. OK whottt I think I got that, thanks for clearing that up for me and everybody else. Try not to chew any gum while crossing the street today.

[Purple & Gold]

Well obviously the said opinion doesn't carry much weight with the person saying it is shit.

There is nothing in that statement to indicate whether or not the sayer thinks anyone else will feel similarly...

OK whottt we're going in circles now. :sleep :sleep :sleep

[whottt]

Touche :toast :toast

They do flock to your defense. Although not in this thread. Maybe they caught on to your game. :nope :nope

There you go with another limited interpretation. :depressed

And you were showing such potential.

[whottt]

OK whottt we're going in circles now. :sleep :sleep :sleep

Sigh, we're not going in circles. You're going in circles.

[whottt]

So his opinion that Obama would make a better president (that's what endorsing means whottt) is full of shit.
Obviously I feel that way.





(because he said it and he's full of shit) Is different than his opinion on that subject (because that's what we were talking about) is shit. OK whottt I think I got that, thanks for clearing that up for me and everybody else. Try not to chew any gum while crossing the street today.


:lmao

Priceless.

[Purple & Gold]

Sigh, we're not going in circles. You're going in circles.

:lmao :lmao In how your brain thinks. Love your perception on reality. It's actually somewhat admirable.

[whottt]

Bottom line...Tully asked, you didn't.


IF there are two ways of interpreting something, an intelligent way and an ignorant way...guess which way the ignorant man will choose? He knows of no other way.


Now fuck off...you've already gotten more information than you deserve. Go pester Chump for a while.

[Purple & Gold]

So know that I got your attention whottt please explain to me how this "free market" thing works again and why it's working right now. Try to be as ambiguous as possible.

[Purple & Gold]

Bottom line...Tully asked, you didn't.


IF there are two ways of interpreting something, an intelligent way and an ignorant way...guess which way the ignorant man will choose? He knows of no other way.


Now fuck off...you've already gotten more information than you deserve. Go pester Chump for a while.

:lmao :lmao :lmao @ you. Not even your friends and family believe the shit that comes out of your mouth. I'm done playing games with you. I know all to well how you spam everything with your nonsense. Again try not to cross the street while chewing gum. I'd hate for you to miss the debate.

[whottt]

:lmao :lmao :lmao @ you. Not even your friends and family believe the shit that comes out of your mouth. I'm done playing games with you. I know all to well how you spam everything with your nonsense. Again try not to cross the street while chewing gum. I'd hate for you to miss the debate.


Nontheless...Buffet is full of shit.

[RandomGuy]

BTW, I don't like calling myself ambiguous...I prefer the term idiot magnet.

Well it seems that a lot of idiocy stuck and got absorbed. Maybe your skull isn't quite as thick as we first thought.

I was going to try wasting more time on this, but watching to you step on your rhetorical dick gets old and is like trying to make sense of mumblings from a mildly retarded turnip.

You win. Warren Buffet is a greedy idiot, whose endorsement means shit.

Clap.

Clap.

Clap.

-----------------------

Seriously though: You are not a total idiot, but you *do* have something at least slightly disfunctional with your congnitive processes.

Take care, and thanks for the siggy material.

[2centsworth]

I'm still trying to figure out how RG concludes that you receive zero economic benefit from charitable contributions, but only get to write off uninflated basis(hilarious), but you paid income tax on capital gains.

precious. Maybe sig worthy....hmmm

[whottt]

Well it seems that a lot of idiocy stuck and got absorbed. Maybe your skull isn't quite as thick as we first thought.

Do you honestly believe that?



I was going to try wasting more time on this, but watching to you step on your rhetorical dick gets old and is like trying to make sense of mumblings from a mildly retarded turnip.

Dude...you got fucking owned in this thread. You don''t understand how capital gains tax works or when it is applied, you don't understand how tax shelters work...

You don't understand any of this shit and you post on financial topics more than just about anyone else on this forum.




You win. Warren Buffet is a greedy idiot, whose endorsement means shit.

I never said his endorsement means shit...I said it was shit. There's a difference there...






Seriously though: You are not a total idiot, but you *do* have something at least slightly disfunctional with your congnitive processes.

The only sign of a cognitive defect in this thread is your limited way of interpreting my statement and the fact that you changed "is" to "means" subconciously and attributed the altered statement to me.


Cognitive dysfunction indeed.




Take care, and thanks for the siggy material.


My pleasure...

Just so we're clear on this, and to take any ambiguity out of the statement...I really don't think Buffet is a very smart man.

And he is so far out of his league partnering up with Gates that it isn't even funny.

[whottt]

I'm still trying to figure out how RG concludes that you receive zero economic benefit from charitable contributions, but only get to write off uninflated basis(hilarious), but you paid income tax on capital gains.

precious. Maybe sig worthy....hmmm


Great take...but what's really hilarious is that he(and his ilk) thinks a charity orchestrated entirely to pursue an agenda of a global government, overseen by the two richest men in the world, has tulips of goodness coming out of it's ass.

I mean, good lord, look at the endorsements Obama has:

Gates
Buffet
(Gates foundation by default)
Google
Microsoft
TimeWarner
Goldman Sachs


Can AT&T be far behind?


Is there a monopoly that isn't endorsing Obama?

Holy shit.







And yet people like Random Guy were suspicious of the fucking Bush Admin and Haliburton?

:lmao



Fucking asshats.


They don't even realize they get their nightly marching orders from mass media...they think they're intellectuals and we just don't get it.

[Shastafarian]

I mean, good lord, look at the endorsements Obama has:

Gates
Buffet
(Gates foundation by default)
Google
Microsoft
TimeWarner
Goldman Sachs



Uh....Buffet is the only one of those I know of who have endorsed Obama. Don't tell me you're making shit up (http://spurstalk.com/forums/showpost.php?p=2790200&postcount=879)