ibuildthings

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ibuildthings commented on an article. 4:42 AM

Why You Have No Clue What the Market Is Doing

Only one "news" network? Maybe one you don't like. But they all have their spin, and stories left ignored, and stories exploited to death. That "one" you won't name is at least kind enough to let the

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ibuildthings commented on an article. 12:16 PM

Why You Have No Clue What the Market Is Doing

It's hard to filter through all the noise, so a lot of people just don't try.

To succeed in investing, you have to listen to and trust information from untrustworthy people:

The investment

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ibuildthings commented on an article. 11:36 PM

Paging Horatio Alger: Joseph Stiglitz on How Inequality Harms America

It is harder and harder for a middle class person to educate their children. The public schools in non-rich areas are atrocious. The private schools are too expensive. Home-school is an option, but requires a single-income household

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ibuildthings commented on an article. 11:33 AM

Admit It: No One Has Any Idea What's Going On

Oops, typo. "I read the portion of the linked article" should be "I read the linked article"

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ibuildthings commented on an article. 11:32 AM

Admit It: No One Has Any Idea What's Going On

I read the portion of the linked article, especially the portion that describes how their errors skewed the results. At the end, there is a comparison chart, showing that (at least) an associated relationship between higher debt

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ibuildthings commented on an article. 11:07 PM

These 6 States Tax Retirees the Hardest

If California politicians had the right answers, why are their taxes, crime and dependency on social programs through the roof? Why is the economy in such sad shape? Taxes are higher than ever before there, and the state is a mess.

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ibuildthings commented on an article. 10:11 PM

These 6 States Tax Retirees the Hardest

You can usually see where your tax money is going, and decide if the return on your money is worth living there. I have lived in a few places. California used to be a nice place, but now has has 30% of the entire nations' welfare,

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ibuildthings commented on an article. 8:18 PM

A Big Win for Reed Hastings and Netflix Stockholders

Seems like a bad ruling for shareholders of anything. Here is why: Facebook is a membership organization where you have to give personal details that they can turn around and sell (betray) your information to others. And if you have

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ibuildthings commented on an article. 1:50 PM

The Ugly Truth About the Federal Deficit: It's Not Just Entitlement Spending

It isn't a matter of poor purpose. It is a matter of poor execution. The border is a case in point. It costs less to build a double-wall fence with 10 feet of no-mans-land and guard dogs than it does to build all the other fancy

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ibuildthings commented on an article. 1:43 PM

The Ugly Truth About the Federal Deficit: It's Not Just Entitlement Spending

Lots of the shipbuilding work over the years has been done by unionized employees who cared little about the quality of their work. In long-time union shops, its easy to know who can't be found unless you look in a favorite napping

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ibuildthings commented on an article. 2:47 AM

How the Postal Service Is Being Gutted

Thanks for the story. I can't address the personal pressures of employees, or how "bad" the unions are, or the issues with the pension fund. I can say that despite those issues, I find it hard to quarrel when I pay a guy

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ibuildthings commented on an article. 4:21 PM

The Next Bank Bailout, And Why It's (Sort of) Different This Time

Oops, my proofreading bad: A repeat:

Three things the "authorities" can control serve as control points on the economy: Tax rates, Interest rates at which business or consumers borrow, and government

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ibuildthings commented on an article. 4:08 PM

The Next Bank Bailout, And Why It's (Sort of) Different This Time

Three things the "authorities" can control server as big levers on the economy: Tax rates, Interest rates at which business or consumers borrow, and government spending. Borrowed money must be repaid, so government

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ibuildthings commented on an article. 1:40 PM

2013 Is the Year of Solar

Solyndra wasn't a scandal because it failed. Experiments and investments don't always work out. It was a scandal because the well-connected principals were allowed to get a second-round investment from the taxpayers because of their

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