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*****Official February "greatest place on the interwebs" Chat Thread!***** *****Official February "greatest place on the interwebs" Chat Thread!*****

02-04-2009 , 10:32 AM
Quote:
Originally Posted by Sounded Simple
Yeah I'm much too soft when it comes to these things, I hate going down that route as I'm one of those people who sees confrontation as a last resort.
I'm both lazy and vindictive. I also happen to believe in the power of setting a good example.

Don't you have any private debt collection agencies you could sell your payables to?

- You'd get some of the money (the agency won't ever pay 1:1 but getting shorted is better than getting shafted)
- The clients who refused to pay now get to deal with professional debt collectors who have all the (legal) muscle to extract their money from the debtor

Do that couple of times and then send the rest final notices with "before" and "after" documentation on what happens to those who try to screw you over.

I do nasty for sport.
02-04-2009 , 10:57 AM
Quote:
Originally Posted by Bostik
I'm both lazy and vindictive. I also happen to believe in the power of setting a good example.

Don't you have any private debt collection agencies you could sell your payables to?

- You'd get some of the money (the agency won't ever pay 1:1 but getting shorted is better than getting shafted)
- The clients who refused to pay now get to deal with professional debt collectors who have all the (legal) muscle to extract their money from the debtor

Do that couple of times and then send the rest final notices with "before" and "after" documentation on what happens to those who try to screw you over.

I do nasty for sport.

Haha, yeah I just sent a few off to the solicitor to deal with today. Some I just can't do like that because some of the guys owing $ are honest working people like me stuck in a chain.
02-04-2009 , 10:58 AM
Oh btw, all this carry on has made me shift my balance of time a little more towards poker so I have room for a couple more uNL students. PM or AIM me if you want to discuss.

/Spam
02-04-2009 , 11:16 AM
Quote:
Originally Posted by Sounded Simple
Oh btw, all this carry on has made me shift my balance of time a little more towards poker so I have room for a couple more uNL students. PM or AIM me if you want to discuss.

/Spam
Are we talking staking or something else?
02-04-2009 , 12:09 PM
Quote:
Originally Posted by CaptVimes
Yep, ask anyone who's self employed and actually makes money. Someone who ends up with 50k in taxable income can wind up paying about 35 or 40% of it back to the Govt. Or you can just become a Democrat and not pay your taxes. Simple really.




it looks like my effective tax rate this year (not counting sales tax in CA at 8%), will be 44%.........
02-04-2009 , 12:22 PM
Quote:
Originally Posted by pele02
Are we talking staking or something else?
I coach uNL players and timewise 2-3 regular people usually keep me busy along with the occasional one off session but I'm planning to spend more time on poker for the next few months anyway.
I don't do stakes, just straight coaching
02-04-2009 , 12:26 PM
32% of the points needed for stox,
altho my session sucked ass, and a really big fat ass this pretty rocks
02-04-2009 , 12:38 PM
Quote:
Originally Posted by JH1
Oh and this finally showed up today, most comfortable hoodie ever:




I was about to order that one but remembered I have already have one almost exactly like that.
So I ordered this:



Should arrive in a couple of weeks.
02-04-2009 , 12:42 PM
Quote:
Originally Posted by Sounded Simple
I coach uNL players and timewise 2-3 regular people usually keep me busy along with the occasional one off session but I'm planning to spend more time on poker for the next few months anyway.
I don't do stakes, just straight coaching
will you take sexual favours in exchange for sweat sessions? xx
02-04-2009 , 12:47 PM
Quote:
Originally Posted by I vi ii V7
Phil Baxter: Professional Internet Gambler

I'd imagine this will be a little too close to reality for some.
hahahaha "mmmmmm pocket jacks"
02-04-2009 , 01:04 PM
Just to make you guys laugh, how bad can an image be on a table:


Full Tilt Poker $0.10/$0.25 No Limit Hold'em - 9 players - View hand 28438
The Official 2+2 Hand Converter Powered By DeucesCracked.com

UTG+2: $25.00
MP1: $5.00
MP2: $12.00
CO: $18.85
BTN: $25.00
SB: $12.70
Hero (BB): $30.90
UTG: $58.45
UTG+1: $17.45

Pre Flop: ($0.35) Hero is BB with A A
4 folds, MP2 calls $0.25, 2 folds, SB raises to $0.50, Hero raises to $3, 1 fold, SB calls $2.50

Flop: ($6.25) T 4 3 (2 players)
SB checks, Hero bets $4.50, SB raises to $9.70 all in, Hero calls $5.20

Turn: ($25.65) J (2 players - 1 is all in)

River: ($25.65) A (2 players - 1 is all in)

Final Pot: $25.65
SB shows K Q (a straight, Ace high)
Hero shows A A (three of a kind, Aces)
SB wins $24.40
(Rake: $1.25)
02-04-2009 , 01:12 PM
Quote:
Originally Posted by SammyG-SD
U.S. Tax law sucks..........
Whine whine whine. Admit it: deep down you didn't really want to be in the Obama administration.

Quote:
Originally Posted by Zenzor
FDR's New Deal policies not only worsened and prolonged the depression, they were also some of the deepest infringements on our personal liberties.
For example?

Quote:
He confiscated the property of private citizens and essentially stole their money.
What kinda kool aid you drinking there, Zenz?

Quote:
People are brainwashed into believing he was a true American hero who saved America from chaos, havoc and dictatorship, when in reality the opposite is true.
Anyone who doesn't think society wouldn't have collapsed without FDR's work programs knows nothing about history. The only reason Social Security seems like a bad idea now is because advances in medical sciences which couldn't have been forseen at the time.

If you want to live in a truly free market economy, you should move to Somalia or Western Sudan and see such systems in action, imo.

Quote:
Originally Posted by pheisar
Just saw Slumdog Millionaire, great movie which i recommend to anyone.
Poverty porn?
02-04-2009 , 01:47 PM
LOL. Didn't mean to start a big political discussion...

Quote:
Originally Posted by Conan776
The only reason Social Security seems like a bad idea now is because advances in medical sciences which couldn't have been forseen at the time.
Seriously? Advances in medical science can't be forseen?

Didn't you just mention something about people not understanding history?
02-04-2009 , 01:54 PM
Quote:
Originally Posted by Conan776
Poverty porn?
what? sorry, ain't following you.
02-04-2009 , 02:00 PM
Quote:
Originally Posted by CaptVimes
Yep, ask anyone who's self employed and actually makes money. Someone who ends up with 50k in taxable income can wind up paying about 35 or 40% of it back to the Govt. Or you can just become a Democrat and not pay your taxes. Simple really.

Isn't it lovely to pay double employment taxes, (employer and employee), and of course you're not eligible for unemployment if your business should happen to fail.

Quote:
Originally Posted by Conan776
If you want to live in a truly free market economy, you should move to Somalia or Western Sudan Hong Kong and see such systems in action, imo.
Hong Kong named world's freest economy

Quote:
Hong Kong has been named the world's freest economy for the 15th year in a row, according to an annual report released Tuesday by the conservative Heritage Foundation and the Wall Street Journal that warns against government intervention amid the global economic crisis.
Flat Tax FTW.
02-04-2009 , 02:20 PM
Quote:
Originally Posted by McAvoy
1

another one of my 'hardfast' rules. only flip once You live by the coin, you die by the coin is my motto.
Thank you Mr. Chigurh.
02-04-2009 , 02:22 PM
Quote:
Originally Posted by entertainme
Sounds interesting but the link gives me a 404.
02-04-2009 , 02:25 PM
Quote:
Originally Posted by Conan776
Whine whine whine. Admit it: deep down you didn't really want to be in the Obama administration.
deep down? No I've been a McCain supporter for 12 years, actively worked on his campaign for him in the 2004 primaries (because I despised Bush).

With that said, I am perfectly fine with Obama being president, I think his leadership qualities make up for the fact he has never written any legislation, or never really present a coherent plan for anything during the campaign. Plus McCain became a real dick in the last 3 months of the election and became what he despises (a sleazy politician).

I like the choices Obama is making and I am a HUGE Geithner fan! I think he is the bomb. Of course I am probably a huge economist geek.
02-04-2009 , 02:40 PM
Quote:
Originally Posted by entertainme
Well, golly, if the Heritage Foundation and Rupert Murdoch say it, it must be true! I mean -- where would we be now if Bush hadn't taken all their priceless economic advice?

Hong Kong has welfare and public works anyway. And all the land is owned by the government. How is that "free market"?
02-04-2009 , 02:47 PM
Quote:
Originally Posted by Equus asinus
Sounds interesting but the link gives me a 404.
Weird. Works for me. Here's another one:

Hong Kong tops economic freedom chart again, US dips


Quote:
Hong Kong has consistently been ranked the world's most free economy since the index launch 15 years ago. It is one of the easiest places to start and liquidate a business, government intervention and corruption are low, as are trade barriers and taxes, and social mobility is high, the foundation said.
02-04-2009 , 02:55 PM
I really don't wanna get deep into this economic discussion. I'm just a wage slave, and don't have some of the considerations some of you have as independent business owners. However, my current opinion is that anyone who regurgitates the standard Republican lines these days has no credibility whatsoever. We've just gone through 8 years of near-complete Republican control and we've gone from a good economy with a budget surplus to a total economic meltdown and trillion-dollar deficits. Huge military budgets + fighting a war + tax cuts = disaster. You can have anything you want, but you have to be willing to pay for it.

Yes, I know there were some Demos involved in decisions over the last 2 years . . . most of which got vetoed.

No offense to anyone in particular . . . it's a sore subject for me right now.
02-04-2009 , 03:01 PM
Quote:
Originally Posted by Conan776
Well, golly, if the Heritage Foundation and Rupert Murdoch say it, it must be true! I mean -- where would we be now if Bush hadn't taken all their priceless economic advice?

Hong Kong has welfare and public works anyway. And all the land is owned by the government. How is that "free market"?
I don't advocate every aspect of their system and property rights are a bedrock of US society. But, I'd love to live under their tax structure.

Quote:
* No sales tax
* No capital gains tax
* No VAT
* Maximum salary tax of 20%
* Profit tax maximum of 16%
02-04-2009 , 03:01 PM
Decided to get an AIM account after all. TDK feel free to add me if you need poker buddies. Same goes for the rest of you feel free to add me.

PokerPele
02-04-2009 , 03:13 PM
Quote:
Originally Posted by entertainme
But, I'd love to live under their tax structure.
Throw in "*no deductions, loopholes, or exceptions", and I'm inclined to agree. No that its great or anything, but it wouldn't suck.
02-04-2009 , 03:15 PM
Quote:
Originally Posted by entertainme
But, I'd love to live under their tax structure.
Well, I'd love to be the sole landlord of the most densely populated city on Earth. That the government doesn't need other forms of taxation (although there's a sort of renter's tax on top of the lease agreements) isn't shocking. This site makes a good breakdown of how this is just tricky bookkeeping to make this out to be as "free" as certain parties suggest.

Quote:
Many Hong Kongers live in third world conditions, and the need to pay astronomical residential property prices is widely viewed as an indirect form of taxation.

      
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