SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus_Long who wrote (21578)6/24/2003 5:20:10 PM
From: jttmab  Respond to of 93284
 
What a complete idiot you are. Does the report give you any hint at all that it might be biased when he refers to the "left"?

The report was dated Dec 1995 and his table on distribution of family income goes to 1990. His average family income table goes from 1973 to 1991. Any reason to think that a report written in 1995 could not have shown data through 1994. Why 1973? His previous table shows 1970.

If should be obvious that the author is data mining. It would be obvious to those that have a brain.

Then there's the whole concept of "income"....check out the income of Bill Gates. His "income" is doo-doo. His net worth is pretty damn good, but it's not from "income". How about Warrent Buffet...he's worth a few B. From "income"?

Tell me that you think that Bill Gates and Warren Buffet got their wealth from "income"....please.......let me give you a tiny....tiny hint....Warren Buffet recently said that if Bush got what he wanted on dividend exclusions, then Warren Buffet's tax rate would be lower than his secretary's [Buffet, to his credit, thought that was stupid.]

Then there's the aspect of using quintiles. That masks the distribution.

And why did you bring that piece of carp up anyway? The discussion that was being made was towards the years 2000-2001. You so bright that you think 1973-1992 data provides some insight? Laz, you could at least get it in the right decade....is that too much to ask?

Didn't you notice the article a few months ago where CEO's just had an annual increase of 17%? Do you possibly think that is representative of the population? CEOs may rank in the top quintile, but they're also in the top 2%. If you present data on a quintile basis you hide the true distribution.

Thanks,
jttmab



To: Lazarus_Long who wrote (21578)6/25/2003 10:38:23 AM
From: TigerPaw  Read Replies (3) | Respond to of 93284
 
The Federal Reserve is widely expected to cut interest rates at the end of its two-day gathering Wednesday as it attempts to both spur economic growth and quell the risk of price deflation.

usatoday.com

Three years of Voodoo Jr. economics and the financial situation is getting worse, and worse. Well, except for Junior's fat cats and family, their pockets are full.

TP