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Comment Scrooge McDuck (Score 1) 247

Lots and lots of people imagine the wealthy hoarding their cash, a la McDuck's pool of gold coins (ever see the Family Guy were Peter tries that?!). They cannot imagine any positive impact deriving from people having wealth.

Of course, if *they* were to win $100M in the lottery, that'd be OK.

It's nice to be liked
But it's better by far to get paid
I know that most of the friends that I have don't really see it
That way
But if you could give 'em each one wish
How much do you wanna bet?
They'd wish success for themselves and their friends and
that would include lots of money
[Liz Phair: Shitloads of Money]

Comment Set corporate tax rate to 0% (Score 2) 247

According to the CBO: "A corporation may write its check to the Internal Revenue Service for payment of the corporate income tax, but that money must come from somewhere: from reduced returns to investors in the company, lower wages to its workers, or higher prices that consumers pay for the products the company produces."

Corporate income taxes account for about $250-$200B in annual revenue. Compliance costs for business to determine how much tax they owe is also estimated at about $200-$300B annually. In other words, it costs corporations almost as much or maybe slightly more to determine how much they owe as they actually owe. Not to mention the inordinate amount of effort that goes into determining how to run the business when various tax considerations come into play (e.g. when to buy equipment, or hiring that 50th employee) instead of simply doing what's best for the business for business reasons rather than tax reasons. And virtually all of these taxes and compliance costs get passed on directly to consumers/labor/shareholders.

A huge amount of "corporate welfare" comes in the form of special tax breaks--eliminate the tax breaks and you eliminate the corporate welfare and the tens of millions of dollars of lobbyist money showered on politicians as they try to seek those special tax breaks.

Apart from the economic shot in the arm freeing up about $600B every year in the economy would be--and the increase tax revenues resulting from growth--the "cost" is largely recaptured as the dollars flow into personal income taxes (wages, dividends). Further, with the specter of double taxation removed, we could reset the CG rates to normal income rates.

The point relative the size of government here is that you take away a huge incentive for corporations to lobby for special tax treatment. That money flows out of the political system. Sure, corporations may find other things to lobby for, but special tax treatment seems to be #1 on the hit parade.

P.S. This will never happen because too many people think we need to punish corporations with taxes.

Comment So what? Does Apple spend that cash on politics? (Score 1) 247

The unions sure do...Opensecrets.org tracks political spending. In the top 25 organizations donating to candidates over the last few years, unions dominate the list and tilt almost exclusively Democrat. On the other hand, the few corporations in the top 25 tend to donate fairly evenly, favoring the ruling party.

Heavy Hitters: Top All-Time Donors, 1989-2014

This list includes the organizations that have historically qualified as "heavy hitters" — groups that lobby and spend big, with large sums sent to candidates, parties and leadership PACs. Individuals and organizations have been able to make extremely large donations to outside spending groups in the last few years.

Rank Organization Total '89-'14 Dem% Repub%
1 ActBlue
                                                $102,669,137 99% 0%
2 American Fedn of State, County & Municipal Employees
                                                $61,819,929 80% 1%
3 National Education Assn
                                                $58,988,290 56% 4%
4 AT&T Inc
                                                $57,026,335 41% 57%
5 National Assn of Realtors
                                                $55,559,528 41% 44%
6 Intl Brotherhood of Electrical Workers
                                                $45,572,151 91% 2%
7 Goldman Sachs
                                                $45,270,985 53% 44%
8 United Auto Workers
                                                $41,923,428 71% 0%
9 Carpenters & Joiners Union
                                                $41,577,299 71% 9%
10 Service Employees International Union
                                                $38,711,298 84% 2%
11 Laborers Union
                                                $38,401,420 83% 7%
12 American Federation of Teachers
                                                $37,271,825 89% 0%
13 Communications Workers of America
                                                $36,472,773 86% 0%
14 Teamsters Union
                                                $36,355,957 88% 5%
15 JPMorgan Chase & Co
                                                $35,122,566 47% 51%
16 United Food & Commercial Workers Union
                                                $34,172,703 86% 0%
17 United Parcel Service
                                                $32,687,492 35% 64%
18 Citigroup Inc
                                                $32,519,262 48% 50%
19 National Auto Dealers Assn
                                                $32,267,410 31% 68%
20 EMILY's List
                                                $31,892,295 98% 0%
21 American Bankers Assn
                                                $31,629,002 36% 63%
22 AFL-CIO
                                                $31,597,075 60% 3%
23 Machinists & Aerospace Workers Union
                                                $31,407,747 98% 1%
24 American Medical Assn
                                                $30,175,387 40% 59%
25 Microsoft Corp
                                                $29,718,801 55% 43%

Comment So far from true as to be laughable (Score 1) 247

"The vast, vast majority of them inherited their wealth"

cnbc.com: Forbes says that 30 percent of the Forbes 400 members inherited their wealth and the remaining 70 percent are entirely “self-made.” And even by United for a Fair Economy's calculations, the number of "self-made" rich is rising. In 1997, the group calculated that 50 percent of the Forbes list inherited all or part of their fortune.

wikipedia: Sixteen percent of millionaires inherited their fortunes. Forty-seven percent of millionaires are business owners. Twenty-three percent of the world's millionaires got that way through paid work, consisting mostly of skilled professionals or managers.

cato institute: Roughly 80 percent of millionaires in America are the first generation of their family to be rich. They didn’t inherit their wealth; they earned it. How? According to a recent survey of the top 1 percent of American earners, slightly less than 14 percent were involved in banking or finance. Roughly a third were entrepreneurs or managers of nonfinancial businesses. Nearly 16 percent were doctors or other medical professionals. Lawyers made up slightly more than 8 percent, and engineers, scientists and computer professionals another 6.6 percent. Sports and entertainment figures — the folks flying in on their private jets to express solidarity with Occupy Wall Street — composed almost 2 percent. By and large, the wealthy have worked hard for their money. NYU sociologist Dalton Conley says that “higher-income folks work more hours than lower-wage earners do.”

Comment This (Score 0) 346

The clearance documents that he signed clearly expressed the expectations, laws, and penalties. And there are whistleblower channels within the government and contracting agencies that he should have known about and utilized -- I have not seen any reports that he made any effort to use these before packing up his stolen classified information and fleeing to Hong Kong.

Comment Re:Extracting all the intelligence (Score 2) 346

No, that the illegal things he exposed make him a sort of whistleblower--going to the press first instead of the authorized channels was not cool, but that we might be willing to overlook for the good that came.

But the removing copies of thousands of classified documents regarding legal NSA operations (like tracking Taliban) and giving those to the press and foreign governments means he committed espionage and having knowingly violated many US laws regarding classified information. For that he should be prosecuted, especially since it seems that he entered his position specifically to get access to those documents.

If a guy saves your cat from a tree but then rapes your daughter, you don't give him a pass because of the good thing he did.

Comment Clearance (Score 0) 346

It doesn't really matter why he did it. He's effectively confessed to a number of espionage crimes. If he was a *just* a whistelblower about NSA's metadata collections, there were ways he could have done that

18 U.S. Code 798 - Disclosure of classified information

(a) Whoever knowingly and willfully communicates, furnishes, transmits, or otherwise makes available to an unauthorized person, or publishes, or uses in any manner prejudicial to the safety or interest of the United States or for the benefit of any foreign government to the detriment of the United States any classified information—
(1) concerning the nature, preparation, or use of any code, cipher, or cryptographic system of the United States or any foreign government; or
(2) concerning the design, construction, use, maintenance, or repair of any device, apparatus, or appliance used or prepared or planned for use by the United States or any foreign government for cryptographic or communication intelligence purposes; or
(3) concerning the communication intelligence activities of the United States or any foreign government; or
(4) obtained by the processes of communication intelligence from the communications of any foreign government, knowing the same to have been obtained by such processes—
Shall be fined under this title or imprisoned not more than ten years, or both.
(b) As used in subsection (a) of this section—
The term “classified information” means information which, at the time of a violation of this section, is, for reasons of national security, specifically designated by a United States Government Agency for limited or restricted dissemination or distribution;
The terms “code,” “cipher,” and “cryptographic system” include in their meanings, in addition to their usual meanings, any method of secret writing and any mechanical or electrical device or method used for the purpose of disguising or concealing the contents, significance, or meanings of communications;
The term “foreign government” includes in its meaning any person or persons acting or purporting to act for or on behalf of any faction, party, department, agency, bureau, or military force of or within a foreign country, or for or on behalf of any government or any person or persons purporting to act as a government within a foreign country, whether or not such government is recognized by the United States;
The term “communication intelligence” means all procedures and methods used in the interception of communications and the obtaining of information from such communications by other than the intended recipients;
The term “unauthorized person” means any person who, or agency which, is not authorized to receive information of the categories set forth in subsection (a) of this section, by the President, or by the head of a department or agency of the United States Government which is expressly designated by the President to engage in communication intelligence activities for the United States.
(c) Nothing in this section shall prohibit the furnishing, upon lawful demand, of information to any regularly constituted committee of the Senate or House of Representatives of the United States of America, or joint committee thereof.
(d)
(1) Any person convicted of a violation of this section shall forfeit to the United States irrespective of any provision of State law—
(A) any property constituting, or derived from, any proceeds the person obtained, directly or indirectly, as the result of such violation; and
(B) any of the person’s property used, or intended to be used, in any manner or part, to commit, or to facilitate the commission of, such violation.
(2) The court, in imposing sentence on a defendant for a conviction of a violation of this section, shall order that the defendant forfeit to the United States all property described in paragraph (1).
(3) Except as provided in paragraph (4), the provisions of subsections (b), (c), and (e) through (p) ofsection 413 of the Comprehensive Drug Abuse Prevention and Control Act of 1970 (21 U.S.C. 853 (b), (c), and (e)–(p)), shall apply to—
(A) property subject to forfeiture under this subsection;
(B) any seizure or disposition of such property; and
(C) any administrative or judicial proceeding in relation to such property,
if not inconsistent with this subsection.
(4) Notwithstanding section 524 (c) of title 28, there shall be deposited in the Crime Victims Fund established under section 1402 of the Victims of Crime Act of 1984 (42 U.S.C. 10601) all amounts from the forfeiture of property under this subsection remaining after the payment of expenses for forfeiture and sale authorized by law.
(5) As used in this subsection, the term “State” means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession of the United States.

Comment Re: Useful Idiot or Russian Agent (Score 1, Flamebait) 346

And how about the countries he admires, those stalwarts of freedom and liberty?

He thanked the nations that had offered him support. “These nations, including Russia [communist/socialist], Venezuela [socialist dictatorship], Bolivia [socialist], Nicaragua ["social democrat"] and Ecuador [socialist], have my gratitude and respect,” he proclaimed, “for being the first to stand against human rights violations carried out by the powerful.” Earlier, Snowden had said that he sought refuge in Hong Kong [China, communist] because of its “spirited commitment to free speech and the right of political dissent.”

China has a “spirited commitment to free speech and the right of political dissent?” Bwahahaha.

Comment Re: Useful Idiot or Russian Agent (Score 4, Informative) 346

I also consider myself to be a sane citizen. While I am grateful that the NSA's metadata collection activities were exposed, Snowden did much more than that. If he'd been some low-level NSA worker who stumbled on the NSA's meta-data collection operations in the US in the normal course of duty and felt compelled to blow the whistle and stand up to take the consequences...well, that'd be one thing. As it looks now, he's not much more than a deliberate spy who knowingly committed espionage with a "good reason" who lied, stole data, and fled prosecution, much like Jonathon Pollard (q.v. http://en.wikipedia.org/wiki/J..., Pollard sold classified data to Israel because he didn't think it was right to withhold intelligence information from our ally).

Saw this in Slate magazine of all places, not exactly a right-wing publication:

It is true that Snowden’s revelations about the National Security Agency’s surveillance of American citizens—far vaster than any outsider had suspected, in some cases vaster than the agency’s overseers on the secret FISA court had permitted—have triggered a valuable debate, leading possibly to much-needed reforms.
If that were all that Snowden had done, if his stolen trove of beyond-top-secret documents had dealt only with the NSA’s domestic surveillance, then some form of leniency might be worth discussing.

But Snowden did much more than that. The documents that he gave the Washington Post’s Barton Gellman and the Guardian’s Glenn Greenwald have, so far, furnished stories about the NSA’s interception of email traffic, mobile phone calls, and radio transmissions of Taliban fighters in Pakistan’s northwest territories; about an operation to gauge the loyalties of CIA recruits in Pakistan; about NSA email intercepts to assist intelligence assessments of what’s going on inside Iran; about NSA surveillance of cellphone calls “worldwide,” an effort that (in the Post’s words) “allows it to look for unknown associates of known intelligence targets by tracking people whose movements intersect.” In his first interview with the South China Morning Post, Snowden revealed that the NSA routinely hacks into hundreds of computers in China and Hong Kong.

*Correction, Jan. 6, 2013: This article originally stated that Edward Snowden had not released any documents detailing the cyber-operations of any other countries. In fact, he leaked documents that detail the cyber-operations of Australia, Britain, Canada, and New Zealand.

These operations have nothing to do with domestic surveillance or even spying on allies. They are not illegal, improper, or (in the context of 21st-century international politics) immoral. Exposing such operations has nothing to do with “whistle-blowing.”

Among other things, Snowden signed an oath, as a condition of his employment as an NSA contractor, not to disclose classified information, and knew the penalties for violating the oath.

In fact, as Snowden himself told the South China Morning Post, he took his job as an NSA contractor, with Booz Allen Hamilton, because he knew that his position would grant him “access to lists of machines all over the world [that] the NSA hacked.” He stayed there for just three months, enough to do what he came to do.

Mark Hosenball and Warren Strobel of Reuters later reported, in an eye-opening scoop, that Snowden gained access to his cache of documents by persuading 20 to 25 of his fellow employees to give him their logins and passwords, saying he needed the information to help him do his job as systems administrator. (Most of these former colleagues were subsequently fired.)

[Snowden] gets himself placed at the NSA’s signals intelligence center in Hawaii for the sole purpose of pilfering extremely classified documents. (How many is unclear: I’ve heard estimates ranging from “tens of thousands” to 1.1 million.) He gains access to many of them by lying to his fellow workers (and turning them into unwitting accomplices). Then he flees to Hong Kong (a protectorate of China, especially when it comes to foreign policy) and, from there, to Russia.
What is telling is the "real" espionage he committed, not the "whistleblowing" of telling the world that the NSA was collecting meta-data of US citizens: releasing classified information about legitimate NSA operations outside the US like the Taliban operations and committing the computer access crimes to steal data.

Comment Unlikely, true (Score 1) 339

I have little interest in seeing most movies more than once. But some get watched over and over. If I'm flipping channels and see Jaws on TV, I'll stop and watch it. I have it on DVD too. 5th Element, The Waterboy, Tin Cup, Aliens, A Christmas Story, maybe a dozen more DVD/BluRay are watched over and over in my family. And that's not counting kids crap that gets watch 5000 times.

Comment I buy DVDs for the same reason I buy CDs (Score 1) 339

I like to have the media in my grubby little hands so that when the powers-that-be decide the lose my purchases in the cloud or decide that I need to purchase the same movie/music once per device, or...

I generally buy used CDs and DVDs from Amazon, rip them to FLAC (for music) and .mp4 for movies then put them on my in-home NAS for streaming. So the discs are touched once by me. I also convert the FLAC files to mp3 for portable devices like iPhone. I have a closet in my house that holds nothing much more than CDs and DVDs. A fire-proof safe holds a 2TB USB drive with a backup of the media just in case.

When I RIAA comes after me, I will be able to put my hands on media proving I didn't pirate anything.

I still pay for a netflix DVD delivery, too, because the PTB will not agree to let netflix stream all the movies that are available on DVD. The streaming selection sucks relative to the disc availability. Oh, and I don't rip the netflix discs 'cause that'd be stealing. I use netflix to watch a movie for the first time, if there's replay value, I'll go to amazon.

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