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Comment: Democratic coalition (Score 1) 609 609

The funny thing is that the groups that actually make up the democratic coalition are opposed to one another. Should the GOP go to demographic ill-relevance, the Democratic party will likely splinter.

For example:

Hispanics and blacks are at odds with one another for jobs and public resources. Hispanics have pushed blacks out of some of their historical neighborhoods.
Women's rights are at odds with muslim beliefs.
Asian's are at odds with other non-white demographics over AA admissions and democratic economic policies run counter to asian entrepreneurs.
Gay rights are at odds with hispanic and black religious beliefs.

The Republican party has the perception of being the party of white people, largely because they are indifferent to minorities, not because they advocate for whites. Its not like they are going to embrace being the white party because they are afraid of being called racists. A clever Republican politician could play those democratic groups against one another, but would probably take a lot of heat for doing so.

Comment: Re:You are not likely to make the cut to top 1% (Score 1) 227 227

Why don't people invest more? Chinese peasants traditionally saved 50% of their income until consumerism took over in recent years,

Why don't people fix their own stuff (or pay more for higher quality that lasts longer)? Changing brake pads, various filters and fluids or oil on a car is not hard and requires less than a $100 investment in tools, even on cars with all sorts of fancy computers and sensors. Same is true for plumbing and electrical repairs on a house.

Why do people pay for cable, cell phone packages, large trucks and other stuff they don't need?

The average american home has increased more than 25% since the 50's. People have more cars and toys and eat out far more often than they did back then.

If you went back to a 1950's like lifestyle but on a 2015 income, you would be able to save a lot more money via frugality.

Comment: Re:You are not likely to make the cut to top 1% (Score 1) 227 227

He works by choice as I recall as his expenses are around 25k a year and he has more than 25k a year in investment income.

Either way, it does not negate the fact that by living under your means you can enter the 1% if you have an professional level income.

Comment: Re:You are not likely to make the cut to top 1% (Score 1) 227 227

The stats on wealth don't bear that out, let alone people following the advice of Mr. Money Mustache.

If you work in software design or are a professional of any kind and don't get caught up in consumerism, its not that hard to get in the top 1% of wealth in the USA thanks to the magic of compounding. That 1% is either 1.5 million (according to the IRS) or ~9million according to most other sources.

Comment: Re:Um, what? (Score 1) 433 433

Presumable he is referring to this:

One of the ACA architects has stated that:

A) the bill was written in such a way so that the CBO did not interpret the fine's as Taxes.

b) said : “In terms of risk-rated subsidies, if you had a law which said that healthy people are going to pay in—you made explicit that healthy people pay in and sick people get money, it would not have passed, okay. Lack of transparency is a huge political advantage. And basically, call it the stupidity of the American voter or whatever, but basically that was really, really critical for the thing to passLook, I wish Mark was right that we could make it all transparent, but I’d rather have this law than not.”

this was in the news recently.

Comment: Re:Noooooooooo! (Score 0) 56 56

Those who are culturally jewish or not strict adherents tend to be more liberal. Orthodox jews vote far more conservatively.

The american left is a pretty strange coalition. Many of the subgroups within the coalition have opposing interests and are only united by the fact that they are anti-republican. If the republican party is disolved, it will be interesting to see how if the democrats can stay unitied.

Comment: adopt a 1950's standard of living. (Score 1) 389 389

Probably because we spend more than before?

Productivity is way up since the 1950s. If you were to live according to a 1950's lifestyle including miles driven, size of home, vacation travel, amount of times going out to eat, drop internet, CATV, cell phones etc, you could save an enormous amount of money. Invest it in some index funds or take a dividend growth approproach and you would be pretty rich.

Comment: This has happened before and overturned by appeal (Score 1) 646 646

This is not the first time this has occured. Last time, the federal circuit overturned the PTAB's decision as they had determined that the plantiff's had waited too long before filing as the Redskin's trademark had been around for years.

I would presume that the NFL would wind up making a similiar argument during an appeal as this trademark has existed for years.

Comment: Banned for life for physical harm? (Score 1) 398 398

Have any players been banned for life for causing physical harm?

Nope, Javaris Crittenton is currently involved in the legal system for murder. Gilbert Arenas pulled a gun on another player over a dispute in the lockerroom.

There are a number of other examples, but I guess causing actual harm is less bad for the NBA than embarrasing the NBA and its sponsors.

"Just think, with VLSI we can have 100 ENIACS on a chip!" -- Alan Perlis