Not during the original conversation I didn't. I didn't think Gilligan would do that in a serious conversation, but live and learn. The biggest problem with lying is you lose your credibility immediately upon being found out never to return.
Well now, this is an interesting development.
- Thread starter LightRoasted
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Kinnakeet
Well-Known Member
Navy Federal Credit Union
LightRoasted
If I may ...
For your consideration ...
Well now .... places coffee cup on desk. Within the matrix that is today's fiat currency monetary system, I find it quite ironic, in that the US Government encourages people to "invest" in America and buy treasuries, promoting them as not being taxable by state or local governments, but is taxable for federal income tax purposes. So if someone is in the 22% tax bracket that 7%, which is high btw, is reduced to 5.46%. In the 35% tax bracket, that number drops to 4.55%. Guaranteeing that no one will ever see a rate of return higher than actual inflation. So, for "investing" in America, one is still punished for doing so. The "game" is rigged to keep the average person down.
Well now .... places coffee cup on desk. Within the matrix that is today's fiat currency monetary system, I find it quite ironic, in that the US Government encourages people to "invest" in America and buy treasuries, promoting them as not being taxable by state or local governments, but is taxable for federal income tax purposes. So if someone is in the 22% tax bracket that 7%, which is high btw, is reduced to 5.46%. In the 35% tax bracket, that number drops to 4.55%. Guaranteeing that no one will ever see a rate of return higher than actual inflation. So, for "investing" in America, one is still punished for doing so. The "game" is rigged to keep the average person down.
Maryland tax rate for $100,000.00 in income after Federal Deductions is $90.00 plus 4.75% over $3000.00 Local tax in Calvert is 3% as per Marylandtaxes.gov.
LightRoasted
If I may ...
For your consideration ...
I was quoting federal income tax brackets. Since, ya know, interest on treasuries is federally taxed, but not state of local? Do try to keep up.
I was quoting federal income tax brackets. Since, ya know, interest on treasuries is federally taxed, but not state of local? Do try to keep up.
And I didn't even mention ITAR....a truly major bureaucratic thorn in our side for any job involving a foreign military delivery or foreign supplier delivery through us to US military project.
I was quoting the savings in state and local taxes only. That is where the savings are in buying treasuries.
.
What a PITA that must be!
LightRoasted
If I may ...
For your consideration ...
Yet you ignore the non-savings on the federal level. Got it.
Yet you ignore the non-savings on the federal level. Got it.
Irrelevant. You are going to pay that on income whether it is from treasuries or CDs or corporate bonds.
LightRoasted
If I may ...
For your consideration ...
Oh FFS. Re-read the post and do try to comprehend what I was saying. Specifically where I said, "I find it quite ironic, in that the US Government encourages people to "invest" in America and buy treasuries, promoting them as not being taxable by state or local governments, but is taxable for federal income tax purposes." And do try to stay on point.
Oh FFS. Re-read the post and do try to comprehend what I was saying. Specifically where I said, "I find it quite ironic, in that the US Government encourages people to "invest" in America and buy treasuries, promoting them as not being taxable by state or local governments, but is taxable for federal income tax purposes." And do try to stay on point.
I unnderstand exactly what you are saying! Just because you say it twice does not make it relevant to the conversation. Your paranoia is astonishing to say the least. Enjoy your evening.
Three Cheers and a Pudding Cup to the Savior!
LightRoasted
If I may ...
For your consideration ...
Every time they decide to wreck the economy and clean out the stock market, these bastards make a fortune. The owner’s of the fed and their investment bank co-conspirators, manipulate the price on everything, precious metals, stocks and bonds, real estate, as well as commoditize food, medicine, education, literally anything we need in order to live.
They purposely blow these asset bubbles, (there are no natural business cycles. There are only controlled business cycles), just so they can purposefully pop them when they mature. These master’s of the universe then claim total ignorance of the situation, even though it is their only job to ensure this does not happen. The big boys all get out at the top of the market while the 401k crowd gets left holding the bag. The assets of the failed businesses, get scooped up for pennies on the dollar.
Why is it so hard to understand that a private bank, that profits off the debt they create for us, has no intention of paying off or even decreasing the deficit. They have forced the entire country into debt slavery, to benefit these bankster oligarchs.
No matter the outcome of this impending recession/depression, they will have enriched themselves at our expense once again.
Every time they decide to wreck the economy and clean out the stock market, these bastards make a fortune. The owner’s of the fed and their investment bank co-conspirators, manipulate the price on everything, precious metals, stocks and bonds, real estate, as well as commoditize food, medicine, education, literally anything we need in order to live.
They purposely blow these asset bubbles, (there are no natural business cycles. There are only controlled business cycles), just so they can purposefully pop them when they mature. These master’s of the universe then claim total ignorance of the situation, even though it is their only job to ensure this does not happen. The big boys all get out at the top of the market while the 401k crowd gets left holding the bag. The assets of the failed businesses, get scooped up for pennies on the dollar.
Why is it so hard to understand that a private bank, that profits off the debt they create for us, has no intention of paying off or even decreasing the deficit. They have forced the entire country into debt slavery, to benefit these bankster oligarchs.
No matter the outcome of this impending recession/depression, they will have enriched themselves at our expense once again.
LightRoasted
If I may ...
For your consideration ...
If you really wanna know ...... What is happening in this Nation.
If you really wanna know ...... What is happening in this Nation.
HemiHauler
Well-Known Member
Interesting developments this week. Federal bank regulators permitted a change wherein banks can borrow against the full value of US Treasury instruments they hold. Previously, they could only borrow again the mark-to-market value, which varies and is of course considerably less than the full value.
Here’s the chart showing the data. I’d suggest to you this is a sign of interest rate easing soonish. Otherwise, banks won’t be lending this money out.
This depicts about a half trillion worth of lending.
Here’s the chart showing the data. I’d suggest to you this is a sign of interest rate easing soonish. Otherwise, banks won’t be lending this money out.
This depicts about a half trillion worth of lending.
LightRoasted
If I may ...
For your consideration...
My spidey senses are saying no to easing of the interest rates. Their aim is to kill the economy, and that of the world's, until those in charge start to fully support the war in Ukraine.
My spidey senses are saying no to easing of the interest rates. Their aim is to kill the economy, and that of the world's, until those in charge start to fully support the war in Ukraine.
HemiHauler
Well-Known Member
Maybe. Like you, I certainly recognize that "war is a racket" and "all wars are bankers wars" (with credit to whom those quotes are attributed), but not sure if applicable to this current Ukraine situation, since we're dealing with a nuclear power with a leader in cognitive and mental decline who is clearly crazed.
Very true. And Putin isn't in any better condition either.