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David Let me guess? $4.50 for admission? Not a fan of Rod the mod but White Bird still resonates and Spirit were way ahead of their time. Peace.
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Dan Thoma Yours is the best response here. The author could have written this same piece, verbatim, in 2014 when Bitcoin crashed to $150.Same in 2018 when Bitcoin crashed to $3200.Now he's doing it after Bitcoin crashed to $16000.In another 4 years, we'll be reading the same tired pablum when it crashes back to $50000.There's a site called "Bitcoin Obituaries" that lists literally hundreds of similar pronouncements over the past 14 years. At what point do nay-sayers start wondering if it is they who are engaged in magical thinking? Rhetorical question here, but why are infinitely-printable pieces of paper in my wallet worth anything?
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Allowing the Democrats to force George Santos out of Congress would be a terrible mistake for Republicans because their party would lose it's most ethical, honest, and transcendent leader, forcing Republicans to seek moral guidance from a man who was fined $25 million for defrauding his fellow citizens by establishing a fake university.
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I share a ton with my friends, to them I am practically an open book. While there are some things that I keep to my self, most things I share with them, there isn’t much that I do not trust to tell them. There are some stories that are filtered to an extent due to it being more personal. Though I love telling them things because they can be able to relate with it or just have a laugh about it when I don’t want it to be serious. I truly cherish my friends especially on those days where I seem off according to them, sometimes I am off other times I just didn’t get enough sleep. I usually just talk to my friends of certain things just to get it off my chest and really don’t want a solution for my problem or comfort, it’s more to talk bout what’s on my mind and to see if they could relate to the situation and hopefully get a laugh about it. I have experienced “oversharing” because I tend to over share or more like dump things onto people that wouldn’t usually expect it to be said in conversation, though I never share more personal things because it makes me feel exposed and I do not like that feeling so usually I keep it close to my chest. Though sometimes I share something and I make a new friend or have an acquaintance who also experienced something similar and then we go to each-other if ever needed, because it a quiet agreement that we are both there for each other and we cant tell anyone else about what we told each other. Ranting to people is easier when you dont know them.
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Massachusetts Mom I live in MA, and have a home in Maine, a 3 hour drive. Our home has 100 amp service, very common in that area. An EV draws 70 amps as it charges, not going to work without a upgrade. The Ford Lighting is $90k. My 15 year old F-150 was $10k and gets 18 mpg. The Lighting range drops dramatically when towing, its battery weighs 1,800 lbs with a 7 year life that may diminish in cold weather. A few degrees in global temp is not a threat to mans’ existence.
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As Prof. krugman points out, being in debt or the amount of debt are not major problems. And IMO, there are three very simple ways to cut down the debt:1. Cut defense spending by just 5%.2. Raise taxes on corporattions and individuals earning more than $1 million, including those from their assets.3. Fund the IRS and make sure that the uberrich are not gaming the system.
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I, once again, would like to dispel this myth that Republicans are for small Government. They're not for small government.They're for an interventionist government, but only for the donor class, and only if Republicans are in charge to control the redistribution of taxpayer funds.There's a reason 20,000 lobbyists are parked just blocks away from the DC Capitol. There's a reason we have nearly $4B in lobbying per year, plus billions in unregulated/unfettered campaign contributions. There's an ROI for the wealthy and corporations.And we've seen the studies (e.g. Princeton), where the wealthy/corporations have better access to the government and are far more likely to get what they want from the government more than anyone else.Stop spreading this mythology that Republicans want a small government. They don't.
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Massive investment in public education is needed - the US is behind much of the world. But the right wing has largely given up on public education. It’s a disgrace. How is it that we accept that teachers use their own money to buy classroom supplies? Why do we accept the insane inequities from school district to school district?
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William Meyers - "push" the population to a billion or so? Without resorting to murder, that's several hundred years, and your chosen number really needs justification, since we can operate much of life more cleanly now by not letting polluters just pick places and pollute - the Cuyahoga hasn't caught fire in so long people may forget that was a thing, for example.Regarding the mine, environmentalists can look at other open-pit hard rock mines and consider the acid that's generated when exposing underground sulfides (the rock at the Pebble site has a lot) to water.So they're talking about crushing millions of tons of rock, in a watershed draining into rivers and a bay full of salmon, and doing so in a state prone to earthquakes. And they were caught explaining they were intending to extend the mine far beyond 1 square mile x 1500 feet deep.And there's a fair amount of rainfall annually there.What could go wrong?
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The glaring omission here was what do these people have in assets? Liquid and other. I know several (over)paid professionals, who due to their extreme need to own the latest everything, new car every 6 months (yes, thats right, every 6 mos!) have little in liquid savings. If they had an emergency, they'd max the credit cards, dry the savings and have to cash-in on other funds, and pay serious premiums, penalties. Which I saw happen to a former client. Employer went belly up (Owner was stealing) Found himself unemployed at 49, with a sketchy resume (but not a Santos version) and had to start selling off a lot of expensive toys, at serious losses to cover the home and child expenses. Barely kept the house, before he got another job at 1/3 less than he was making. Lesson learned? Oh no, he's leasing an expensive car, to make himself feel better. Idiot! What people make income wise, is not often an indicator of much more than what they are wearing. The guy in the nice suit, or lady with the designer shoes, making $100K+, could be living pay check to paycheck, and eating ramen 4xs a week, in an unfurnished apartment in a nice building. Old friend of the family always seemed to be struggling, always doing side-jobs, seemed like he never slept. But when he retired, he moved down south to a little place, near where he was born, and lives like a Prince on what he smartly squirreled away and invested.
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I think this opinion is really too opaque in its viewpoint and analysis of what has brought the U.S. to this very troubling moment of chaos in the House of Representatives. Like Trump's perverted ascension to the presidency in 2016, after loosing the popular vote by a wide margin, McCarthy's continuing failure to become Speaker after 13 rounds of voting is emblematic of a rapid decline in the integrity of America's governing structure and elective system. A system that has been swamped by dark money in politics and the unscrupulous horse trading that accompanies it. Pay to play is so dominant in our system of politics it invites corruption and grift. The EC and gerrymandering open the door to extremism & disenfranchisement, & greater fragmentation.The refusal by Congress to pass reform measures to check abuse of authority and strengthen ethics rules and anti-corruption laws has allowed the cracks in the foundation of our democracy to grow into dangerous fissures. The principles of good governance have been jettisoned by an entire party:the GOP. McCarthy, in his lust for the Speakership has opened the door to calamitous ruleby a small group of anti-government zealots wedded to the Big Lie, conspiracy theories, grievance, & performance. This is the extreme of extremists and destructive politics. And like January 6th, it portends further ruin.You can not run a country on lies and grievance and expect any other outcome.
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Today, I was walking back to my car in a supermarket parking lot. I saw an otherwise nondescript man walking around - slowly, seemingly aimlessly - cradling something fairly oversized in his hand. I couldn't easily make out what it was. My next thought: I needed to confirm that it wasn't - or was - a weapon. This wouldn't have even crossed my mind a few years ago. Yet steadily, gradually - over the last several years - I have found myself, at times, more frequently wondering about the building I'm in, the open-air parking structure I'm walking through, the crowded restaurant I'm seated in - and what might be my odds of surviving a random mass shooting. I imagine more folks in the US could relate to this line of thinking - more than, say, people reading this in other nations. It's a sadly unique, culturally-specific lived experience - honed not from paranoia or drama, but from the obscene frequency of the randomness to now-widespread murders. (By the way, the innocent stranger in the parking lot had been balancing an oversized mobile phone, nestled atop a rectangular brown plastic package.)
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Now at age 76 and having survived two open heart surgeries, I worry much less about dying than I do about becoming physically and/or mentally disabled and a burden on those closest to me. And I pray that I leave this mortal coil before my wife does. Peace of mind comes from the full realization that nothing lasts forever, not even us.
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Had you finished reading their column you would have read that Gail did not sympathize with those making over $400,000 a year. Gail:"And for the people on top: making sure they pay what they truly owe will save the government an estimated $100 billion or more over the next 10 years. Which could, hey, cut the deficit."
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I think the question should be "Does America Have Insufficient Corporate Taxation?"Between near zero taxes (15% doesn't cut it) and the burden of corporate America on the average family, be it through using our infrastructure without sharing in paying its cost, the pollution and the cost in health, the cost of having offshored so many jobs over time, the banking and accounting tricks to hide wealth, and paying shareholders instead of workers and investing in America, it is no wonder that we have as much debt as we do.Does that mean that I disagree with Paul's assertion that we can have a lot of debt, long term? I don't.But allowing corporations to own us, as they do, is what is keeping our social structure in the disarray it is in. There is no excuse for not having a safety net. There is no excuse for having millions of hungry children and millions more of hungry elderly. There is no excuse for having so many millions who live in poverty.There is no excuse for corporations and their human owners having as much power as they do over our politics.There isn't.
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Clearly George and his cohorts did not expect any of their shenanigans to come to light. And it seems reasonable to suspect that someone with a lot of funds and influence came up to him and promised him all that he needed to get elected while probably downplaying the risks. Who that was remains to be seen. But we do know that George didn't have the $700k he "loaned" to his campaign.
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Mark Shyres The US funds the Palestinian Authority (that has no authority, hence it preferred “partner” status) a Vichy-type collaborationist government tasked with policing Israel’s occupation. It only benefits Israel.
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MU6 brings to mind the opening lines of the epic poem by Henry Wadsworth Longfellow, Evangeline: A Tale of Acadie. "This is the forest primeval. The MU7ing pines and the hemlock, Bearded with moss, and in garments green, indistinct in the twilight, Stand like Druids of eld, with voices sad and prophetic . . ."
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These types of articles are why I don't mind paying $17.50 a month for a NYT subscription.Delta State should either close their doors or name their coliseum after this black female athlete! And DeWine, Ohio's governor, should go after this RACIST university! There is absolutely No excuse for their racism....and guess what, my White grandfather, Mark W Patterson was on the Ohio Supreme Court and twice rescued financially <a href="https://en.wikipedia.org/wiki/Geauga_Lake" target="_blank">https://en.wikipedia.org/wiki/Geauga_Lake</a> which is now a 6 Flags. He would be utterly ashamed of Delta State University!!!!I too am white, educated and financially secure and ASHAMED of Delta State! It does not reflect the value's of Ohio!
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What a great read and what a great doctor and humanitarian in Dr. O’Connell. I read Tracy Kidder’s other book, Mountains Beyond Borders, last year and was so moved and inspired from the works of Dr. Paul Farmer at Partners in Health that I purchased 6 books to be given to my nieces and nephews.Boston is lucky to have had dedicated people like Dr. O’Connell and Dr. Farmer to address the social issues of the world.
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Absurd.Harry and Meghan live in a $14 million gated estate, have business deals of more than $100 million with Netflix, the book and other ventures.They have had Oprah and Gayle King (at CBS which seems like a conflict of interest) and other celebrities message for them.They are relentless monetizing their grievances – a bit like the Donald Trump approach. Meghan is also estranged from her father. Meghan did not think it was OK for her father to make public accusations – but she feels OK doing the same to her in-laws.BTW as timeline reminder – they met in 2016 and wed in 2018 – and left the UK in early 2020.Lots of people have had in-law issues or more serious problems for years – but don’t constantly complain.Prince Harry is wrong - and a hypocrite of the highest order.
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The Social Security maximum taxable income in 2023 is $160,200, taxed at $9,933. This means the Republican billionaires/millionaires & Republican PACs are lobbying to avoid paying $9,933? I guess they would claim slippery slope and where does it end and whine about being over taxed elsewhere. SAD! Even sadder is that Democrats can't create a consistent message to make this a winning issue for their party.
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I think I know where we can save a quick $75.7 mm: $174,000 * 435 = $75.7 mm. That's $207k per day. Each day that the debt limit is not raised (or, better yet, the Trump tax reduction act is not repealed), sorry - no pay. And this lost pay will be just that - lost. No returning it to each Congressperson once the House gets around to raising the debt limit. It's gone.
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Elizabeth Citizens United changed all that. Greed for power has become the prime motivation for this wave of right wing political aspirants, and Citizens United opened the dark money option for any and all political groups, foreign and domestic, to buy our election process.We get to witness the results every day: "representatives" with barely high school GEDs (Bobert, MTG), some with totally fake CVs (Santos), etc.Previously, we had people who genuinely wanted to improve our society, help our citizens, and contribute to a better world. That's all out the window now.Look at the clown show in the House. Chaos is not progress! Greed and avarice have been institutionalized by Citizens United, and the irony is those who could de-legislate that "ruling" (and you can forget SCOTUS removing that stain on their "reputation") are the very ones who profit, daily, form that miserable mistake, while we citizens and taxpayers suffer the inevitable damage from morons like Pena.
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As I’ve said before, and I’ll say again…my bank knows exactly the source of every penny of income in my bank account. My bank knows exactly every penny I spend and where I spend it. $700,000 suddenly appears in his bank account paid to himself from his own company - a non-entity that has no source of income. It is a company that literally does not exist. Surely someone has the tenacity and temerity to discover the source of this fortuitous windfall. This is beyond the scope of an “ethics” investigation. This is a crime committed while he was a mere citizen, before he became protected by his new federal position as an elected official. Please dear god, can no one stop these people. The have publicly spoken on the house floor that they are are going to steal everyone’s Social Security.
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Do we really want to compare our debt levels to Britain's in the past? During the first period, the Brits ran debt levels > 200% of GDP, they were expanding their empire and pillaging wealth from the rest of the world. During the second period, they were fighting WWII where they lost their preeminence and empire. The Fed has facilitated our debt binge with QE. We have reached a point where paying interest on our debt will start competing with our defense spending. Another way, we are looking at a debt spiral. Interest payments on debt do not contribute to economic growth.
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paul The GOP vote for expansive Military funding, then refuse to pay the bill when it comes due. The CBO also stated that the proposed $80 billion in increased funding to the IRS, would in turn help collect additional tax revenue of 118 billion,( over ten years). Why are the Republicans afraid to make everyone pay their share of taxes?
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Curious Marc Benioff, a native San Franciscan and self made man who was not born to any wealth, has given tens of millions of dollars to the city's programs to address homelessness and mental health. These problems are not unique to SF although many who do not live here like to point fingers at SF. Actually some inroads- not enough of course- have been made and SF is still the most beautiful place to live and vibrant
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Graydog And Biden had these documents since January 2017. Where were they kept between January 2017 and when the Penn Biden Center opened the following year? How did they wind up there? Did someone go through them at that time, or did they just think "hey, here's a bunch of boxes that contain garbage, let's move it to the Penn Biden Center and away from the Corvette?" Easy to choose to cooperate when you're caught.
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e Ionis was founded in 1989, and this is one of a handful of drugs that they have developed in that time -- most have launched, I think, within the past 5 years. That makes it hard to determine how much it cost to develop the drug. What was learned in the process of generating all of the failed drugs that allowed this drug to be developed? Manufacturing complex molecules is not easy. Finding families that will enroll their infants in a clinical trial is an enormous cost, and then running the trial. The SMA treatment discussed here is not one and done. The type of drug that it is could not be a one and done. Prenatal screening for SMA is available.
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An MBA level business class on profitability and sustainability and how difficult the two are to achieve.What the article did not touch on was onerous lease/rent payments and real estate "investors" that jack up lease renewal rates because a strip mall or coffee chain will pay the higher monthly costs to be there. It's destroying small independent shops, restaurants, stores.One thing I will add, when you're eating at a local restaurant, you're "Buying American" rather than the off the shelf Wal-Mart product where the country of origin is unknown.I prefer to tip well, not because I'm opulently wealthy, but rather because I'm deeply appreciative for being able to have a nice dining experience, have the meal prepared/served to me and not have to clean up afterwards. When someone is a stingy tipper (and there are more these days), I feel I'm making up for them a little. If you can't afford to provide a decent tip, you can't afford to be out dining. It should be factored in the cost of dining.As far as the Euro model on dining costs, we can debate all day if they're receiving a fair wage, so tipping isn't necessary. I'd still tip them for kind, attentive service.Frankly, Ms. Howards editorial saddens me. We're slowly drifting into the model she's describing. The local book store, hardware store or appliance shop faded into the ether. We all know why, but a decent dining experience? That's upsetting.
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AEH Add to that, to travel any distance for a farmed, non native (there are no salmon in that part of the world) fish raised on a diet of pellets is the definition of being misled over hype. Raised in fresh water no less! Real salmon forage for shrimp, herring, smelt, squid... in the cold open ocean (also known as salt water), traveling thousands of miles over their lives. A farmed salmon from a lake in NZ, no matter how well treated, is a pity compared to one fresh off the boat in Alaska (or BC, Washington, Oregon, maybe Iceland if you are really lucky), and a lot closer to home.
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Just out of Harris Teeter in N.Va. where a dozen HT brand eggs are $6.39. HT cagefree white eggs are $3.69. Others were $6, $7, even $10 a dozen (latter organic).
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NYC Taxpayer Unbelievable how much money DOT gets to implement closed streets "Open Streets" (promoted by powerful bicycle lobby) when there is dire need everywhere - for example, DOE, NYCHA, hospitals, trash, libraries etc.DOE even spending millions on "Open Streets" esthetics and on "programs" like dog parties.Unbelievable
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Other Not sure where you're coming from here, I pay about 25% of my yearly income in taxes ($10K), which is by far my biggest expense. Thats on a $40k salary (yay self employment tax). I could care less about yachts and space adventures.
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sedanchair“Socrates” is not some party-line hack, but arguably the most consistently thoughtful and well-spoken commentator on the entire Nytimes message board. They are a paragon of what free and open fact-based discussion is all about….Shame on you for not taking your OWN partisan googles off— and for refusing to engage with arguments, evidence or logic… instead resorting to name-calling (which will never persuade anyone that you’re right and they’re wrong).
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I am more afraid of Musk than Biden, Microsoft than the CIA, Exxon vs. the EPA, on and on. I don't see regulation of pollution, guns, land development etc. as a restriciton of my freedom but rather as protection from the byproducts of toxic businesses and their effort to make a profit without covering the cost of their operations.The Fedral Government has offered me protection from Big Business and farmers who spray poison. Its only threat to me has been the draft to support a war supported by big intrenational business and an effort to continue the colonization of South East Asia. DeSantis tries to get us to look away from these facts so that the drepredations can continue
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TRF But those comments also reflect how New York Times subscribers skew heavily to the upper-middle class (or professional managerial class, if you prefer), and how people in that class seem to have tremendous difficulty imagining how the poor or even working class residents of their cities get by.Same with the artist in the story with the well-off wife who thinks you can't live in New York on less than $100k. Maybe not in your neighbourhood, and your standard of living expectations, but a great many New Yorkers obviously do.
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Love how he uses 250 million in stolen money to post bail.
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Heather How do they live with themselves? They made over $100 billion! I'm guessing they live very well.
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I do not think earners trying to get a bigger piece of the pie is the problem. I think the already have more than they need and refusing to let go of a crumb is the problem. Tax policy needs to make excessive profit, well, unprofitable. That would incentivise holding prices down, while also promoting higher wages. If you take/keep too much, we the people will take it and redistribute it. Don't like that Mr Industrialist, fine, redistribute it yourself through higher wages and lower prices. This is essentially what we did back in the bad old days when that socialist Eisenhower was president and the highest marginal tax rate was over 90%, CEOs earned less than 40 times what the janitor made, and wages were rising dramatically. Oh, and the economy was booming.I find it wildly improbable, and certainly against capitalist orthodoxy to believe that the whole thing will grind to a halt if we dare to limit an investors profit margin. A good capitalist will take a nickle, or less, for a dollar spent. She will also gladly rig the system and take fifty cents, or more, if she can, which is the America of today.
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Joe Biden is a very good president. He cares deeply about America and Americans. He knows how Congress works and has strong international ties so that he could bring together an international alliance to help Ukraine. His Democratic bills will continue to have tangible positive impacts across the country on infrastructure, technology, the environment and guns as well as lowered prescription costs for older Americans.In the meantime, Republicans in the House immediately passed two antiabortion bills and are weaponizing government to go after private citizens like Hunter Biden, who has never been in government, and Dr. Fauci, revered internationally. GOP revenge rhetoric and hate speech trolling continues including threats to default on the national debt. Biden has paid down $1.4 trillion of the national debt while Trump added $7.8 trillion. Inflation fears are calming, and low unemployment continues.GOP back room deals with the 20 radicals are secret but bound to be terrible. Santos and other candidates continue to show how unconcerned the GOP is with candidate or legislator quality. In Congress now, there are only about 70 GOP lawyers in the lawmaking branch (compared to twice that for Democrats). The GOP lawbreakers are much higher numbers including the Sedition Caucus.The GOP Congress is much less diverse.Some GOP are dangerously overlooking Putin’s war crimes and threaten the defense budget and are attacking the FBI.So President Biden is fine.
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A lot of people are reacting by disparaging the fact that Harry and Meghan are earning a profit from telling their own story. I say, better they profit from their story than tabloids profiting off it! (Or rather, off invented versions of it.) I finally got around to watching the Netflix documentary so I could come to my own conclusions, and it didn't seem at all like the salacious accusation-charged tell-all it's been made out to be. I simply saw a sincere endeavor to set the record straight. Obviously, there are always multiple sides to a story, and no side will be unbiased. But I'd wager that the Oprah interview, the documentary, and Harry's book are intended as ways to fight the normalized toxic behaviors of both tabloid practices and the Royal family (gaslighting, dishonesty, and hazing). In sharing openly their experiences, perhaps Harry and Meghan hope to open up space for genuine conversations about the British monarchy, racism in the UK, and tabloid culture. It's easy to belittle the characters and motives of celebrities when they speak out in an unconventional way; far more challenging to use what they share as an opportunity to question the status quo. I think the Harry-Meghan discourse could use a lot more thoughtfulness and compassion from all of us who choose to take part in it.
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Closing tax loopholes for the very wealthy and fully enforcing tax laws already on the books would increase government revenue by up to 160 billion dollars a year.This astounding fact is from a Treasury Department report in 2021.Deficit hawks, there's your target, if you are really serious.
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JTCheek - But we retiree's were shortchanged on inflation for many years prior and the index that the government uses to compute the annual inflation adjustment for retirees is different than the regular CPI and underweights actual inflation.Also, retirees can't up and change anything, like a job, to try and compensate.Realistically, all retirees should probably be given at least a permanent $500/month benefit increase but that won't happen because there is never enough money - unless we are talking about the annual "defense" budget, which has a nearly $850 BILLION this year and gets large increase each year.
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How any sentient being can look around and think that Trump is a politician rather than a criminal who is the head of seditious conspiracy to overthrow our democratic republic is beyond comprehension. It's really all about $$$$$.I guess it's too much to expect any corporate industry to put country at least on a par with serious moral clarity.Facebook is not alone. Tech hubris is going to be the end of us.
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My wife and I are both serious Foodies. But we rarely dine out anymore. Instead, on a Saturday evening, we will open up some wine and cheese, put on some music and cook up a fantastic meal. It can take a few hours, but we enjoy the experience together, and the better we get as cooks, the harder it is to find a public venue that we really feel like we can't do as well or better at home. In the end, it also costs at most about 25% of what we might pay out. We have a beautiful kitchen (that we actually use), and the atmosphere for dining in our home isn't lacking in any way. If you love fine dining, learn to do it yourself!!
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John As I was reading your comment a commercial came on my tv for the lawyer Thomas J Henry. $50 million settlement on a personal injury case with $27m to claimant. How many engineers or scientists make $21m in their career much less one year? (Missing $2m was expenses)
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Timothy China under the CCP has zero interest in building any real bridges, with anyone. Their 'wolf warriors' have made this abundantly clear.The whole point of their One-Belt-One-Road (which may finally be failing; debt-trap diplomacy, anyone?) was so that they didn't have to build any bilateral bridges, as equals or partners, with anybody; but could simply remake the world in their own autocratic images, most domineeringly... without consensus, comity, concord or asking anyone for permission or input. Such is the Authoritarian's Way.I, too, wish that the CCP didn't feel compelled to be so contrarian and adversarial all the time. But Totalitarians only understand domination-- so it's understandable... that true cooperation is beyond their mental pale/Overton Window. 'Friendship' and 'goodwill gestures' just aren't in the vocabulary of China's leadership, unfortunately.
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David-It's much much worse, according to this USA Today columnist: “…What would they do this year if they could hold America hostage by instigating a shutdown or debt crisis? They've already told us: Gift the rich with inflationary tax cuts; raise prescription prices; take back the $80 billion the under-resourced IRS just received to audit the rich, answer the phones and catch up on its backlog; cut Social Security and Medicare; shrink aid to Ukraine; and ratchet back clean energy spending.”<a href="https://news.yahoo.com/mccarthy-speaker-spectacle-no-joke-184539019.html" target="_blank">https://news.yahoo.com/mccarthy-speaker-spectacle-no-joke-184539019.html</a>
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I think it was PT Barnum who said. "There's a sucker born each minute." Sure seems that way with Crypto currencies. When teaching writing I would call this "larding up" the paper. My student would initially say huh? It would go like this: Me--well, what is lard? Student: fat, animal fat, like bacon grease. Me-- right. Good. So what does larding up your paper mean? Student-- uh...does it mean I'm adding fat? Another way to put this, I'd say, is the old phrase-- all sizzle, no steak. They'd start to nod...ohhh...I'm putting more words in, but not really saying anything new...Yup. Exactly. And that's crypto. You're paying for the sizzle...there IS no steak. It's not protected, it's not tangible, it's beyond risky. If I think about buying a risky stock, I can research the company and still make a pretty good informed decision as to whether to invest or not. With crypto, there is no there, there. What's to research? It can go up or down on a whim, is as ephemeral as a summer breeze and I expect that's how it got popular too, seeming hip, trendy, modern, unlike those old fogey blue chip stocks (that just dropped a nice dividend check in my account.) They are marketed to novices as well, young people and those who have not invested beforehand...and hawked by celebrities. Go for it if you still have faith, but investing in nearly everything else under the sun: land, gold, stocks, bonds, even art seems like a much better plan.
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Embracing magical thinking in one's financial future seems especially absurd when pragmatic thinking - investing in stable businesses and funds when you're young and not touching them until you're old - has proven so wildly effective for most of the history of our country.
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I spend more time investigating the ingredients on the back of a can of soup than these financials titans spend doing due diligence on 7 figure investments, looks like... There's entirely too much feeling and not quite enough common sense going on ("16% annual returns?", "...make guaranteed money"?) in our supposedly intelligent species for our own good.
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I’m all for old people getting healthcare and social security benefits. Glad this is where my tax money is going. Seriously. Here’s what I’m not for:Lower capital gains tax rate (15% for investments/capital vs much higher rates based on income, this needs to change it is so inherently unfair)Political lobbying (basically legalized blackmail) apparent income cap on coverage so that the poorest in this country are required once again to foot the bill for public services that they may or may not actually benefit from. Our for-profit healthcare system in general.
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Another point to take note of regarding buying an apartment in China. In most cases the land the land for these projects was not actually sold to developers by lol governments but leased for 20 to 50 years. Although the apartment owners don’t have land lease payments as in a true leasehold ( common in the UK and I think in Canada as well ) there is no guarantee that a new lease will e granted by the local governments in China. In fact, no one knows what will happen as these leases expire. Lord Xi opposes housing as an investment so it’s very possible that current buyers won’t be able to hand down “ generational wealth” to their children via a real estate inheritance, enforced by new land lease terms. As far as I have read no properties in China “ freehold “ as the vast majority are in the US. ( There are leaseholds in New York City, a few places in SF and LA, and I am sure other cities here as well, but they are rare outside of mobile home parks.)
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jim hughes THIRTY years dates you quite a bit. Semiconductors - which make this possible have 'improved' by factor of 10 BILLION in 45 years.
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morpheuz EXACTLY!!! Forced birthers have shown their moral bankruptcy over and over again. Their opposition to bodily integrity was on full display in January 2022 when they were screaming about “choice” when it came to vaccine mandates to slow down a deadly pandemic one day while screaming about the sanctity of cell masses another. Similarly, if they truly cared about the preciousness of every single human life, we would have no need for a foster care system. Where are these people when an 8-year-old has spent his life being bounced from home to home to home with no prospect of a loving, stable home life. Why aren’t ALL of these supposedly caring individuals opening their homes and families to these children in need?Not to mention providing universal pre and post natal care and free contraception?It is all about control, especially of poor, usually Black or Brown women (although, of course, most “welfare queens” (or whatever the current terminology is) are…um…White). There is no love, no compassion, no actual concern in the forced birth community, and never has been. To any rational, moral thinker, if you don’t support choice, shut up, or step up to make sure every child has a stable, loving home and that no more unwanted children are are born.
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Any arrangement that requires trusting Russia is not a solution. Putin’s made that clear. And the global costs of this war make clear that any arrangement that leaves the door open to renewed Russian aggression is too costly. NATO membership would be the easiest way to prevent another war, because of the credibility of the commitment and the overwhelming strength of the alliance. And Ukraine would be a valuable addition to the alliance. If NATO membership is not possible, we should offer a bilateral alliance that puts American troops on the Ukrainian-Russian border. Some Republicans suggested this in 2014. The case for it has only gotten stronger.
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I mostly agree with this. But it is foolish to think that only working class whites are racist.My multiracial family lives in a neighborhood of very wealthy, very liberal white people. I am the only person in my family who is white. I am continually shocked at the racial and socioeconomic stupidity of my neighbors (for complicated reasons, we can’t leave for at least a few more years). There are the venture capitalists who send their kids to private schools but prominently display their Black Lives Matter signs. There are the “philanthropists”, with massive inherited wealth, who oppose zoning that would allow multi family dwellings in our area. There are the psychiatrists who charge $300/hour but don’t take insurance. The corporate lawyers who pay all their workers (landscapers, babysitters, housekeepers) under the table. These people don’t see how their actions and lifestyle stomp on low income people every day. They avoid taxes but complain about infrastructure. They finance charter schools to undermine unions and strip local schools from funding. They describe their own children as having “merit” in college applications without realizing that their kids are admitted because their families can pay full freight.No wonder lower income people are divided and angry.
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Hmm. Take a look at Mr. Krugman's column from yesterday. In 2011 the CBO projected the cost of servicing debt would be 4.5% of GDP by 2021. The actual figure: 1.5%.They don't know, you don't know and I don't know Mr. Appelbaum. And recent history of CBO estimates do nothing to undermine my statement.
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My favorite was Haunted House, a pinball machine with 3 levels and two sets of buttons for the flippers. There were some spots that would hold your ball and release it later... So eventually, you were trying to control 3 balls flying over the 3 levels at the same time !That arcade/pool room was in a residential area in Laval and was opened until 5 or 6 AM. The whole strip mall has since been torn down and replaced by condos... Nice memories..
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University researchers must fund their labs and their salaries by bringing in grant money. If they can attract money and publish papers (most of which do not advance science in any meaningful way and serve only to pad the researcher's C.V.) then they are incentivized to come up with increasingly absurd research proposals. Recently a Harvard researcher has been brought to light whose research for years involved separating primate infants from their mothers and--absolutely true-- surgically sewing the infants' eyes shut for a year to determine if the infants would be distressed! Much of this funding was from your tax dollars. The researcher duly published papers on these experiments, which padded her C.V. and attracted yet more research funds to her Lab. Most of the grant proposals involving research on animals results in no earthshattering or even minor discoveries, yet the researchers' labs are funded for additional years. A total academic racket using tax dollars to pad C.V.'s and pay salaries. Yes, universities have committees that supposedly monitor animal welfare but when millions of dollars are on the line, do you think the animals' welfare will come out on top?
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Kathy : If The poor were as financially savvy as the rich, they could get rich too. I started with nothing 48 years ago and only a high school education. I just retired with 12 million dollars. Even though I had rough times when I got foreclosed on in the mid 1980's and lost 300K in 2001 dot com crash. You never give up in America. If you do, you lose. and only you are to blame.
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Casey P I grew up with a teacher. She complained bitterly at the end of every single school day, about her idiotic principal, lazy parents and dumb students. She also slept until 11 am on ALL those days she did not have to work, thanks to the school calendar. She got 2 weeks off at Christmas, just as an example, not counting spring break, fall break, Thanksgiving, summer! I get 2 weeks toal off per year, for Dr. appts., being sick, looking after sick children or taking them to the Dr., official business with professions that keep limited hours and don't open on holidays, and-maybe-a family vacation 1x/year if I haven't used up all my "PTO" days. I don't get 2 weeks off at Christmas, summer, spring and fall breaks, etc. Maybe teachers should try working all year, and check out how stressful that is!
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It's important to note that without Santos's vote, Kevin McCarthy would not have been elected Speaker on the 15th round of voting.Whoever gave Santos the $700,000 bought himself a Congressman and, one of his goals was to make "my Kevin" Speaker, terrifyingly placing him in the line of Succession
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Don't forget Bush's two forever wars, which also cost us trillions, and, as usual, we lost.
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sharon oreck I completely agree. The time for fiancée to know about this is NOW before the wedding. As you say, if the relationship is open it won't hurt to tell her.
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Jen It's a little misleading. There is a basic pension insurance and an employee pension insurance. If you work as a F/T regular employee (called "seishain") you'll pay into both like I did, like my wife. I'll get around $1800 per month if I start at 67 (worked in the US many years too so I'll get SS as well).The example in the article is a guy who worked on contract so he only paid the national basic and hence doesn't get the employee insurance portion. They should have explained this because I would say the majority receive both parts of the pension insurance.
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Regarding the $400: Approach the friend kindly and ask if they would find it easier to repay you in installments, such as $100 a month. It's quite possible that the friend is having financial trouble and is embarrassed to admit they are hoping for a sudden improvement in their finances so they can afford to pay you back. It's not great that they have implied they are about to pay you and then not followed through, but they may have thought they could round up the funds to do this more quickly than it turns out.
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Homes for Sale in New Jersey and New York This week’s properties are a three-bedroom in Ocean Township, N.J., and a six-bedroom in Pelham Manor, N.Y. A three-bedroom, two-and-a-half-bath, expanded 1948 Tudor-style house with a great room that has a floor-to-ceiling stone fireplace; a large primary bedroom suite with 14-foot ceilings and a new spa-style bathroom; an open kitchen connected to a den area; a screened porch, and an attached two-car garage, on 0.25 landscaped acres. Richard Martel, Berkshire Hathaway Home Services, Fox & Roach Realtors, 732-245-5616; foxroach.com This week’s properties are a three-bedroom in Ocean Township, N.J., and a six-bedroom in Pelham Manor, N.Y.
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In spite of the recent spate, as of yesterday only Death Valley which in one storm had 1" of rain getting nearly to the total yearly average and the Oregon border were ahead of average to date rain fall.There was a completely dry October and November extending fire anxiety nearly to Christmas.The prediction for next week is going to push all the state ahead of average to date rainfalls if it stops raining after that we will still have in Northern California where 3/4ths of the states water comes from a 'dryish' year. We need another 8-10" in Febraury, March and April. And there have been years when the sun comes out for good in February.To fill the biggest reservoirs we need back to back wet years and it likely too much to ask for a weekly 1.5" of rain with a week to week to let it all seep into the ground. (Back to back to back will overflow)There is one remaining huge reservoir project under construction but with Lake Shasta well below 50% it will be of modest usage if we do not have back to back to back wet years.
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As my father, confined to a hospice bed, was suffering from prostate cancer, he said to me, “I’m ready to die.” Then he said goodbye and closed his eyes. I sat quietly, trying to process the moment. My father could pull off almost anything, but not this. Eventually, he opened his eyes, looked at me, and said, “I don’t know how to die.” I held his hand as we wept together.Ten years later, my mother died during a supposedly simple surgical procedure. A nurse took me to the room where say lay, where I apologized to her for coming up short so many times. Before I left, I took off her engagement and wedding rings. I gave them to my sister, to pass them on to her soon-to-be-married son.Thirteen years ago, and about three years after her death, my mom, a survivor of childhood polio, visited me. I had recently experienced a debilitating cerebral stroke. As I lay in bed, she seemed to stand behind me. She said, “Don’t EVER feel sorry for yourself.” I haven’t.
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I’m a fan of low budget horror and I had high hopes for Skinamarink, but I was left with a headache from squinting at the screen trying to figure out what I was supposed to be seeing. The best part of this film was the font in the opening credits, which had a cool 80s horror vibe. Then the long, repetitive underlit shots of walls, carpets and children’s feet began. At first I was thinking, “okay the filmmaker is establishing a tone, I’m sure the whole film isn’t like this” But I was wrong. The whole film, all hour and forty five minutes of it, is the same: slow, dark, and barely anything happening. There were one or two jump scares but I spent so long anticipating them that when they finally arrived they didn’t make me flinch. There’s the kernel of something interesting there, but after seeing the same shot of a wall with things stuck to it for the seventeenth time, I realized that that kernel was never, ever going to germinate and I agree with a previous viewer’s “emperor has no clothes” comment.
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"In particular, McElroy urges the church to shelve any meaningful judgment on sexual relationships and to open communion to “all of the baptized,” presumably including Protestants. Only this kind of radical inclusion, he suggests, has “any hope of attracting the next generation to life in the church.”In contrast to Pell, McElroy is following the actual Gospel. Remember that? Jesus didn't ask anyone's marital status, sexual orientation, or church affiliation when he shared the loaves and fishes. Jesus told us to take care of each other, and not just the rule followers. He especially welcomed the transgressors. Take care of each other -- that's the basic message. It's a fabulous one, that would, actually, save the world from all of its ills if heeded. Maybe the Church should consider making that a priority, and then they wouldn't continue on their speedway to irrelevancy.
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Beijing aims to step up support for Chinese chip firms to build, expand or modernize domestic facilities for fabrication, assembly, packaging, and research and development.The PRC is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major step towards self-sufficiency in chips and to counter U.S. moves aimed at slowing its technological advances.Recently, China has cracked a microchip design method previously only mastered by the West, in a challenge that could undermine sanctions.Patent filings reveal that Huawei has made advances in a crucial method of chip manufacture, raising the prospect that the company could eventually start making some of the smallest and most powerful microchips by itself.
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LB 138k in 2001 dollars is probably close to 213k today.
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All true , but a pay of $ 11.45/hr I can not afford itHas Ms Blum checked the price of the Salmon shown in the picture ?
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Pete Perhaps if you are the cousin of a Russian oligarch, $625K isn't a big deal to invest and lose. I'm at least happy to hear that he turned everything over to the Feds.
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Ron I'm paying attention to what the House Republicans are saying and what they have said. They have been promising their voters they were not going to raise the debt limit without significant concessions, and it would be exceedingly difficult for them to back off that promise without doing themselves serious political damage. Worse yet, Speaker McCarthy has not just promised his radical members he will hold the economy hostage, he supports it wholeheartedly. The extent of the crisis refusing to raise the debt ceiling will cause is an open question, but it's one I'm afraid we'll see answered.
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If You Buy This 359-Year-Old Deed, Would You Own Manhattan? The document, the charter from when the British seized New York from the Dutch, is on the auction block with two others. Together they could go for as much as $900,000. Good morning. It’s Monday. We’ll look at three documents that cleared the way for the British to take New Amsterdam from the Dutch in the 17th century. We’ll also meet the first owner of a retail marijuana shop whose past includes a marijuana-related conviction. The document, the charter from when the British seized New York from the Dutch, is on the auction block with two others. Together they could go for as much as $900,000.
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He is the result of having lots of unregulated dark money in politics. It attracts the worst people.P.S. He’s now my congressman and the entire district is livid. He cant show his face anywhere near here, ever. Whomever gave him the $700k overpaid.
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Davey The donor class likes low wage labor, and keeps the problem underground for its own benefit.Screaming about open borders and replacement provides cover and engages the more pedestrian classes.
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This isn't a fine, it's a fee.I'll bet the Trump organization spent more on cofeve last year than this.I am sick to death of stories like this. The Sacklers were directly responsible for opioid deaths. They are still billionaires. Wells Fargo was recently found to be committing fraud again, after their last round of illegal behavior with customer data. Now we get the Trump Organization paying what amounts to nearly nothing a after they got away with so much more.What happened to treble damages? Sending people in fiduciary positions to jail?The Trump Organization should be paying out 3X what it stole. Sacklers should be in jail. Wells Fargo should be being broken up and put out of business at this point, and the execs should be doing time.Poor and middle class people live in real fear of this kind of thing. The rich just hire enough lawyers and skate. Enough is enough.
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Michael Greason Age adjusted, Florida ranked 31st lowest deaths among all 50 states. See the link enclosed. DeSantis has done a great job balancing the need to keep the economy and schools open while protecting the vulnerable.<a href="https://www.bioinformaticscro.com/blog/states-ranked-by-age-adjusted-covid-deaths" target="_blank">https://www.bioinformaticscro.com/blog/states-ranked-by-age-adjusted-covid-deaths</a>/
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Would like to see some reporting on who is bankrolling SBF's defense and living costs - including private jet flights at $100K r/t back and forth from Mom's house in California to the Federal Court House in New York.....
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This puzzle awoke some thoughts and memories. How I loved Erica Jong’s “Fear of Flying”. How I adored REDHOTs as a kid. SOBER reminded me of one of my children who has been just that for almost 20 years, who I am so proud of. The puzzle also reminded me how lovely the intimacy of hand-written exchanges is.So, while the puzzle, for me, wasn’t an outing marked by hurdles, it brought some lovely thoughts. I also liked the parade of schwa-opening answers: AVER / ALLOT / ARENA / ARABIAN / APOP. In addition, there were a couple of very nice pairs: GO AHEAD and PUSH THE ENVELOPE for one, and ON POT and LOOSER for the other. And I enjoyed the renegade vibe of having LOWER toward the top and APEX toward the bottom.Even on the easiest puzzle of the week, in NYT puzzles, to me, there are riches to be mined. Even after all these years of solving, when I sit down to solve a new puzzle, I’m excited, facing a treat. Thank you for this one, Michael!
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Robert M, PS: I agree that further limiting the number of visa holders would be beneficial to the average American worker. It would be interesting to know whether Microsoft lays off any of their H1-B visa holders, though I think I know the answer.
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Zeke - I love LMP’s music, but none of her albums came even close to going Platinum.See her discography details on Wikipedia:<a href="https://en.wikipedia.org/wiki/Lisa_Marie_Presley#Discography" target="_blank">https://en.wikipedia.org/wiki/Lisa_Marie_Presley#Discography</a>If you have a source that contradicts this information, I’d love to see it. The “Platinum” designation in the U.S. means that 1 million album units have been sold. Her first album only went “Gold” which requires $1,000,000 in sales (rather than the 1 million *units* required for a “Platinum” designation).
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Biden wants to lecture Congress on how denying him an open checkbook will destroy the US economy. This is a joke, right? His programs have led to 10% inflation if one accepts the highly skewed government figure. For those of us who buy groceries, prices are up 20-30% as are prices at nearly every home center, restaurant, clothing store, etc.
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Aaron I agree, the math really doesn't add up.It only costs about a billion dollars to make 1 million 155mm shells (at $1,000 a pop). So, if even a mere billion had been set aside every year for the last 20 years to create a significant strategic reserve; we would now have 20 million extra shells to support Ukraine/defend democracy worldwide.There's clearly too much "bling"/bloat/unaccountable white elephant projects going on... and not enough "getting back to Basics". Likewise: Ukraine should have had hundreds of thousands of cheap American-manufactured DJI clones by now... which, if using 3d-printed or basic widely-available PVC-like parts, would have been incredibly cost-effective to mass-produce. Instead, the powers-that-be appeared to have focused on tiny numbers of proprietary "Switchblades" and other far more expensive, but far less effective, gimmicks and gadgets. We need to get back to basics; mass-producing the most important cheap, attritionalized tactical tools, at a MASSIVE scale. Almost a trillion dollars every year of tax-payer dollars, rain or shine, down the military-industrial memory hole? Our cupboards should not be bare now.Hopefully lessons have been learned/we will never get caught flat-footed ever again.
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Charles C:A yr. ago I quit my job. I was there for a yr and it was horrible, I cried on my way home after my last day. I didn’t know it, couldn’t see it then, but that horrible job did me a favor. I was able to have the time and space to think. I wasn’t ready to retire, I wanted to work but only part time. I had, and still have, resources that permit me to work at will.I found interim work in my field, had my first interim assignment this past summer in CA and loved it. I had the best of both worlds, work, new community to explore, and the knowledge of the finite limit to the job I wasn’t “ married” to all the machinations and cliques.I’m interviewing this week for a potential gig on the east coast. My interim work gives me and my retired husband a needed break from each other, extra money, and the chance to see and do different things.“Move and the way will open”. Taoist proverb.
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Charge a per-mile road use fee, like 50 cents, with adjustments factoring in vehicle MSRP, weight, and length.
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BaadDonkey There's one additional tactic that could be added: try to persuade the more rational elements within Russia's military (the current Duma members are hopeless kleptocrats) that a 2nd revolution (from within Russia), this time against Czar Vladimir P, is possible and would be welcomed by the West if it was followed by open, fair elections in which candidates such as Alexei Navalny were allowed to campaign.
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I spent most of my career working for two large companies and received two versions of the "raise" memo from both."Raises will be small because the company did very poorly this year.""Raises will be small because we have to invest the profits from a very good year back into the company."
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Gsry Ostroff We owe about 75% of it to ourselves. It's akin to your taking next year's paycheck and spending it today, except you work for yourself. It all works out . . . until you stop working. Here, our issue is GDP isn't growing fast enough to increase tax revenues to pay the debt, AND interest rates are rising and thus increasing the burden. On top of all that, we have a shockingly ignorant electorate that doesn't understand these items and thinks somehow, magically, we can spend forever. In the next 10 years, the federal government probably will cut almost all non-essential spending; then we'll cut military spending; then, finally, entitlements. No. We'll never get a notice in the mail. And yet, we'll be out of borrowing capacity.
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But it still comes down to voters. Why would a majority of voters in a congressional district choose a provocateur who peddles bottle openers or a swimsuit model to represent them in Congress? Because like the candidate, they don’t care about policy. They want spectacle. They want entertainment. Can a democracy survive a population so shallow?Serious members of Congress can still overcome these antics of the fringe. If Republicans and Democrats joined together to elect a Speaker whose qualification was a history of bipartisanship, the fringe could not prevail. This choice wouldn’t be about party power, but governing. Maybe they ought to try that.
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Israel and the US ceased to be friends a long time ago. For the past 50 years Israel has used and abused American support in every imaginable way, including a very long record of thefts of highly sensitive information, a deliberate attack and murder of many dozens of US sailors on a USN ship, interference in US politics to include elections, and misuse of much of the $100 billion given to date by US taxpayers. Whatever security benefit we receive from this lopsided dystopian relationship is overwhelmingly offset by the harm they have caused us. It's time to cut the cord.
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Cliff Nice Idea (Universal Service)Such a program would cost $Billions.Shelter, three hots & a Cot, a few bucks for their cell phone bill...Plus organized (adult) supervision. Sure, there are a lot of retired Military & National Guard to fill that role, but they would need pay too.
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The momentum you mention is helping to evaluate the immense power of unity to fight and win over terrible situations. The pandemic continues affecting millions, but Americans now see and experience the fruits generated by a hardworking and capable President. Credibility and success open the mind of voters because they can literally touch and feel the benefits delivered by President Biden and the Democratic Party, starting with millions receiving the benefits of vaccines and boosters, economic assistance in cash deposits, new and/or improved bridges and roads. The dawn of electric vehicles, new factories to produce beautiful American goods and a renewed sense of love for the country that is the natural leader of the free world. President Biden has the credibility to end the power of drug traffickers and protect the lives of millions. Drug addiction and climate are powerful but America is ready to repeat the difficult victory of FDR in 1945.
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We in Texas know that Republicans do not lead. They posture and have a secret auction for access to resources. Doubt me? The 2020 freeze and power grid failure that cost ~500 followed a similar 2011 failure. Never fixed. Still not fixed.
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