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Comment Re:Get the power from source to consumer (Score 1) 295 295

About half of my power bill is the cost of generation, the other half is transmission...

He didn't say "price", he said "cost". Because "transmission costs" are how power companies raise rates. The transmission costs have not gone up, but they've raised to transmission price as an end-around local consumer groups that have gotten laws passed to limit energy cost increases.

Transmission "costs" are actually a profit center for companies that really should be regulated utilities instead of one-way piggy banks for billionaires.

Comment Fried Chicken King (Score 1) 257 257

Let me know when they make a Soylent that tastes like Harold's Fried Chicken (One Bite and We Got'Cha).

https://farm6.staticflickr.com...

Seriously, let me know.

[By the way, if you're ever in Chicago and looking for some terrific, delicious chicken or cat fish - and I mean really really good - try Harold's. Stuff is amazing. But be careful the really hot sauce is really hot. There are a bunch of Harold's around town for your late-night post Hawks/White Sox/Bulls game enjoyment.]

Comment Re:And it all comes down to greed (Score 1) 515 515

I did: The claim is bullshit because it computes meaningless numbers ["hourly wage"] for a meaningless group of people ["all workers"].

The NELP paper is misusing that number in its own analysis, by multiplying by the nominal number of work hours to arrive at an annual full time income and then reasoning about that.

Furthermore, if the number meant what the NELP paper implies it means, it completely contradicts their argument for raising the minimum wage to $15/h: if in some sense "40% of workers" already make that much money, then $15/h is a solid, middle-class income, not a sign of poverty.

If you think the number has meaning, why don't you clearly state what that meaning is.

No matter how you slice it, rationalize it and just straight-up bullshit about it, more than 40% of the people who are working are working for less than $15/hr.

then $15/h is a solid, middle-class income, not a sign of poverty.

What part of "40% of the workers make less than $15/hr" do you not get? The "less than" part is kind of important.

The current minimum wage is less than half of your "solid, middle-class income" of $15/hr. And if you add up the incomes of everyone making minimum wage in America it comes to a little more than half as much as the bonuses that get paid out to Wall Street bankers in one year. And we're talking about full-time minimum wage workers ($7.25/hr). And by "Wall Street", they don't include investment bankers in Chicago, San Francisco, Dallas, etc etc. We're only talking about the swells that do their business on a few square blocks on Manhattan island. And we're not talking about their entire incomes, but just the bonuses. So they find more money in their Christmas fucking stockings than all the full-time minimum wage workers in the United States put together. And don't forget, Wall Street bankers don't produce a goddamned thing.

http://www.businessinsider.com...

Comment Re:Troll (Score 1) 515 515

And we need to keep in mind that the fundamental characteristics of these countries is not that they happen to have socialist policies, but rather that they have capitalism, rule of law, and democracy. The combination of those three pretty much guarantees that they'll have comfortable and to some degree, affordable socialist policies.

Did I just get khallow to endorse some level of socialism? Please wait a second while I skypoint for a bit...

Unfortunately for those European Socialist countries since the EU was formed, the new late-stage capitalism financial aristocracy is using disaster capitalism to create all sorts of havoc. I don't know if they're taking after us, or we're taking after them.

Comment Re:And it all comes down to greed (Score 1) 515 515

That statement, while probably true, entirely misses the point.

Since I was responding to the guy who claimed the effective US corporate income tax rate was over 50%, I'd say it's exactly on point.

Now we have a situation where the US receives zero tax from multinationals instead of 13%. If the US had lowered its corporate income tax rates, perhaps the US would actually be receiving 13% from those multinationals instead of 0.

I guarantee, if we were collecting 13% from multinationals, the line out of the American Enterprise Institute would be, "This is unacceptable! We need to make the tax rate 0% on corporations so we can be just like Bonaire, Sint Eustatius, and Saba, where rich people are left alone and colored people serve them drinks!"

Here are some countries that have 0% corporate income tax:
Bahamas
Bahrain
Bermuda
Bonaire, Saint Eustatius and Saba
Cayman Islands
Guernsey
Isle of Man
Jersey
Vanuatu

You know what they all have in common? You or I can't live there unless we win the lottery, and the only jobs in those countries are hotel maid and lickspittle.

Comment Re:And it all comes down to greed (Score 1) 515 515

You need to add capital gains and corporate taxes if you want to know how much the US government actually gets from every dollar earned by a corporation:

http://taxfoundation.org/artic... [taxfoundation.org]

I thought you objected to politically-motivated reports.

The papers and news reports you point to are bogus

Says the guy who just cited tax foundation dot org.

Comment Re:And it all comes down to greed (Score 1) 515 515

That claim is such utter bullshit that it isn't even worth for a citation. Use your head, man. I mean, how utterly ignorant can you be?

Yes, it's worth a citation. In fact, I have a couple for you. Here's a Fortune Magazine article that shows my claim is true. There's even a nifty graph for you to look at and not understand.

http://fortune.com/2015/04/13/...

https://fortunedotcom.files.wo...

http://nelp.org/publication/gr...

the fact is that the US has one of the highest effective corporate tax rates in the world (go look it up).

Yeah, I looked it up:

http://www.cbsnews.com/news/ex...

And here's the full (peer-reviewed) article, for your perusal. Let's hope you are more capable of perusal than you are of simple Google searches.

http://papers.ssrn.com/sol3/Pa...

It is not best to swap horses while crossing the river. -- Abraham Lincoln

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