Still think TITNC3: Return of the Iceberg was peak

Opt out only on the >147k

We saw during the 'rona unemployment benefits run, when so many people were on UI that weren't before, who decided to opt out of deducting taxes in the immediate, and in turn ended up being surprised by their tax bill come April.

I can just see it now: 40 years of someone checking "opt out" and then being angry that they aren't getting anything out of SSI.

 

ya, the whole idea of ssi is you have to pay in (so you have to take it) to prevent people from fucking themselves and being a burden on the system later on in life. Ye

 

Nah. Opt out on everything.

There's no reason to create moral hazard for functioning adults. They need to endure the consequences of their actions.

Make em renew the opt out annually if you want.

Im interested in accountability and responsibility. A lot of our societal problems today stem from the idea that other people are responsible for person A's problems.

Adulthood consists of only two concepts:
- What is not your fault can still be your problem.
- The only person obligated to respond to your problems is you.

We need to get back to these core concepts with a vengeance.

 

Let's ditch that part too.

Keeping this economic:
Consumption without production is THE problem.

Didn't prepare for retirement? Clock in til you drop, or live like a destitute monk.

I'll fully back a societal support system for those who never had the opportunity to prepare (say, born with crippling cerebral palsy), but until you arrive at a level of permanent and complete disability (say, dementia or stroke later in life), you cope.

 

Adding here. I’m a shill.
Blowing some $GTii gains on a risky fortune 500 pharma with billions in profits and a new line of feline care drugs as innovative as apoquel for my itchy dog.
Solensia for cat arthritis.



got a nice gift box (not me but that lady I know )

 

NOPE.

 

Bank of England just said they're intervening until Friday, then pension funds are on their own.

Next week will be interesting to watch.

 

https://www.reuters.com/world/uk/ba...-funds-they-have-3-days-rebalance-2022-10-11/

 

That's why my mom took a buyout at retirement...no faith in the longevity in what they were promising even from a fortune 500...

 

Explanation of the U.K. Pension crisis

 

I wouldn't trust anything but US Federal. And even then, contingency plans.

 

Oh and this GEM

 

OOOOPS rug Pull

 

Inflation data in two days!

Prepare your buttholes because the housing component is just getting started shooting upwards

 

Thought housing prices were coming down. Should I sell?

 

When you snag 1 at IPO and then average down at $300

 

PPI, Core PPI and FOMC minutes are tomorrow. Then we get CPI, Core CPI and Unemployment data THUR. FRI might be the saving grace with retail and core retail sales. Although with this fucked up market strong retail sales will probably be viewed as a bad sign for slowing inflation. lol

 

They're coming down on paper because the interest rates are making mortgage payments crazy high. Not gonna stop all the cash buyers floating around, people looking to pull from the market to put in real estate, more buyers than houses. Even as the interest rate increases start working, velocity is gonna haunt

 

God dammit @TreeFortRichard

I got $100 Google credit when I bought the Pixel 7. After your "I love wireless noise-cancelling earbuds" rant I'm looking hard at the Pixel Bud Pro's. The thing is I already have the Pixel Buds A as a free gift from when I got my last phone. In a year I've used them about 3 times. Are you ABSOLUTELY sure that I will love noise-cancelling wireless buds? lol