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Comment Re:Wait, really? (Score 0) 1053

People who make 16.5k in the US before taxes do not pay federal taxes, and in fact get a welfare check from the government in the form of the "Unearned Income Tax Credit".

In Mobile, Alabama, there are 15 insurance plans for a 35 year old that cost under $125/month, far short of $2200 a year.

Comment The SEC doesn't get Viral Advertising (Score 2, Interesting) 265

War Eagle to all, and I can't believe but totally understand the short-sightedness of this.

The SEC became the best conference in college football because fans are rabid. They live, eat, breath this stuff year round. They talk about it year round. Trying to control pics/video/texts from a SEC game is impossible from a practical standpoint and stupid from a marketing standpoint. You want more people talking about your sport, openly, and while there. That increases your brand penetration and desirablity.

Comment Re:Two words: Capitalism Failed (Score 2, Insightful) 591

1) Social Security money has a negative rate of return.
2) Social Security money is not put into a bank where you get to draw from in the future. The money you pay in now is used now. It does not even have to be used for health-care.
3) If you've ever seen a couple try to live on Social Security, you'd be mad about #1 and #2.
4) $100/mo from 18-65 in the S&P 500 is about million dollars, which would give easily 80,000 a year withdrawal without hurting the principle, or 6600/month to live on. The highest social security comes out to about 20,000 a year, or 1600/month. Social Security hurts those it is supposed to help.

Comment Re:Immortality is scary (Score 1) 359

The difference between the wealthy, the middle class, and the poor lies in their behavior patterns around money, much like the difference in the obese, the overweight, and the normal weight lies in their behavior patterns around food and exercise.

It is easy to understand how to become wealthy. It is hard to do - because you have to have decades of discipline.

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