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Interests: Website: <a href="">Social Choice and Beyond,</a> Jazz, Art, Travel, Societal Architecture, Information Theory, my Grandchildren
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From Wayne: Add to that your veteran benefits of free college and medical and it is worth quite a bit more. We had a park maintenance foreman that retired from the US Coast Guard, and NY FD then started a 3rd career in the park service. Here is how; serve 4 years active duty in any military service then join the reserve, Become a fireman and serve enough time for a pension, 20 or 25 years depending on requirements at the time, then retire form the military reserve and take any civil service job and serve 20 years. That would put one at about 65 years of age with 4 pensions, free medical and free college. Oh yeah, as a veteran you get hiring preference in civil service jobs.
Toggle Commented Mar 8, 2018 on Off the Top of My Head at California Free Press
Excellent article, Frank. It occurs to me that the social balance between capitalism and socialism is reflective of the balance in individuals between selfishness and unselfishness. Communism didn't work because it expected people to be entirely unselfish or altruistic. Capitalism doesn't work because it expects people to be completely selfish. In most people there is a balance between the two which is reflected in the social democracies of Europe.
Cities give big tax breaks to sports teams too to build a stadium in their city. Anything that will bring jobs and get people to spend money in the local economy. Wal-Mart gets tax breaks to build Wal-Marts. It's a game they all play. The point is that Amazon doen't need the money. The local tax base usually does.
"The very high risk is that the new statutory corporate tax rate of 20% is NOT NET of most of the current 8 percentage points of tax reduction "goodies" deeply enmeshed in our tax system. So the "effective" corporate tax rate could well be in the low +-16% range" 20% - 8% = 12% so the "effective" corporate tax rate could go to 12% not 16%.
Frank, Trump is tuned in to what I call hate talk radio which many people especially in his base listen to all day as a daily diet. He didn't create that base. It was created for him by the likes of Rush Limbaugh, Alex Jones and Fox news all of which have made millions in the process. He is just exploiting that ready made red state "Republican" base. I put Republican in quotes because they are not really Republicans in the traditional sense. They are angry people who are voting against the Democrats. They are rural mainly voting against the urban. Even in the south in the big cities, they are voting Democratic.
Frank, I don't entirely appreciate the meaning of a "coalition government." Why does Angela Merkel's party have to combine with another party so that the combined parties have a majority of seats?
Frank, Thank you for your cogent and insightful remarks. What will the world look like without the petrodollar? How will this affect the national debt? Has the overuse of sanctions contributed to this result? It seems like their will be major changes in the world's power alignment.
Toggle Commented Sep 14, 2017 on Off the Top of My Head at California Free Press
The climate change deniers didn't want the Federal government to offer any help to the victims of Hurricane Sandy. They said it was an individual problem and the government shouldn't get involved. Those people were at fault because they didn't buy flood insurance like they should have. Governor of Florida, Rick Scott, is a climate change denier, but now he's got his hand out for the government to bail out his state. It ought to be a requirement that no state can receive Federal aid for a climate disaster unless they first admit that climate change is a reality. For those that don't, tough tickey, it's an individual problem and your constituents should have bought flood insurance. That's your belief system, right, unless it happens to you. Then you've got your hand out for the rest of us to help.