Tons of Spam

I’m seeing tons of robots sign up for this and another WordPress blog I run. I’m glad I’m running Akismet because I do not see any spam in the comments at all. It’s really quite extraordinary when things just work.

Everyone should be a hedge fund manager!

Carried interest allows hedge fund managers to pay a 15% tax rate on their incomes. Why can’t us chumps get that same deal? Obama mentioned removing it during his campaign, another broken promise.

Update: I really think that 15% if you run a small hedge fund is fine! But if you’re making over 150k a year you should pay 45% on the income derived after 150k a year. That’s just excessive.

Rundown of Affordable Care act (I.e. Obamacare/National Romneycare)

I came across this post on reddit today that explains the act very well. This post is broken into two parts. First is just a conversation about the general idea, the second which is after the fold (more) contains a better rundown which is quite clear.

Bob: Hi, insurance company. I’d like to buy some health insurance.

Insurance company: No. You had cancer when you were 3 years old, and the cancer could come back. We’re not selling you health insurance.

Bob: It’s not my fault I got cancer when I was three! Besides, that was years ago!

Insurance company: If we sell insurance to you, we’ll probably lose money, and we’re not doing it.

Bob: But I need insurance more than anyone! My cancer might come back!

Insurance company: We don’t care. We’re not selling you insurance.

Obama: Hey, that’s totally not fair. Bob is right, he does need insurance! Sell Bob some insurance.

Insurance company: If we have to, I guess.

Mary: This is cool. Obama said the insurance company has to sell insurance to anyone who needs it.

Sam: Hey, I have an idea. I’m going to stop paying for health insurance. If I get sick, I can always go buy some insurance then. The insurance company won’t be able to say no, because Obama’s told them they have to sell it to anyone who needs it!

Dave: that’s a great idea! I’m not paying for health insurance either, at least not until I get sick.

Insurance company: Hey! If everyone stops paying for insurance, we’ll go bankrupt!

Obama: Oh come on Sam and Dave, that’s not fair either.

Dave: I don’t care. It saves me money.

Obama: Oh for god’s sake. Sam, Dave, you have to keep paying for health insurance, and not wait until you’re sick. You too, Mary and Bob.

Mary: But I’m broke! I can’t buy insurance! I just don’t have any money.

Obama: Mary, show me your piggy bank. Oh, wow, you really are broke. Ok, tell you what. You still have to buy insurance, but I’ll help you pay 95% of the cost.

Mary: thank you.

Obama: I need an aspirin.

Insurance company: We’re not paying for that aspirin.

(Direct Source)

Continue reading Rundown of Affordable Care act (I.e. Obamacare/National Romneycare)

First Post

I’ve decided to ditch my old site and come up with this new one. I’ll be blogging from time to time here on technology, programming, finance, and the kitchen sink. I hope you enjoy, please comment and leave a message. Be as loud as you’d like, this is the internet.