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Wrestleknownothing

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Everything posted by Wrestleknownothing

  1. I have made that argument elsewhere. Most of structured finance is about taxes and how to avoid/minimize them. The presence of unrealized gains should not trigger taxes. The attempts to monetize the gains without selling is what should be gone after. But the devil is always in the detail. Most (I think without actually checking) of Musk's Tesla shares are posted as collateral against a variety of loans, including loans taken out to buy Twitter. But he still has economic exposure to Tesla in most, if not all, cases. Loans to finance investment seem like something we want to encourage. But loans to finance consumption? Perhaps not. So maybe close the buy, borrow, die loophole by not stepping up the basis on anything used as collateral?
  2. The whole 15 minutes is entertaining, but if you just want to hear his justification for the statement go to the 10 minute mark.
  3. I never understood that 6th place after he gave Nick Lee his toughest match of the tournie. As for the finals, that was a year the weight cleared out. He was the second highest finishing returner the year he finished second.
  4. They can have my bourbon when they pry it from my cold, dead hands. Which, given the volume of bourbon we are talking about, may be soon.
  5. The Democratic proposal to tax unrealized gains is an incredibly bad idea. The current proposal is on anyone worth more than $100 million with at least 80% of their worth in liquid assets. There are almost too many things wrong with this to list, but hear goes. - There is no way over time that $100 million will remain the limit. It will soon be $10 million, then $1 million, then $500k, etc. Governments have zero discipline. A new kind of revenue will always be grown. And the only exemption will be for legislators. - The value of illiquid assets will suddenly become the province of the one entity that stands to gain from inflating that opinion. The moral hazard here is clear. - The value used for liquid assets will also be incorrect. For valuation purposes of equities, for example, we use the closing price. But this is typically the price of buying or selling a very small number of shares. Anyone covered by the tax will likely own a large number of shares. Forced selling to meet a tax obligation will depress those shares, meaning more shares will need to be sold to raise 25% of the incorrect value, meaning the effective tax will be greater than 25%. Meanwhile, all of our shares will also be worth less, and not for economic reasons. - Anyone wealthy enough to be covered by the tax initially is also wealthy enough to leave the country. Capital flight will be real. - The incentive is perverse. One theory of taxation is you tax the thing you want less of. Similar to tariffs, it makes the thing more expensive and incentivizes people to seek alternatives. The alternative to investing is consuming. And like tariffs it makes the alternative more expensive by removing competitive pressure. So we consume more at inflated prices, so we get less. I am sure there are other reasons as well that I haven't thought of. What say all of you?
  6. Testify
  7. No. Look at the Olympic Trials. Happened a few times among NLWC wrestlers. Retherford/Lee, Brooks/Taylor, Dake/Nolf, Brooks/Mirasola, Facundo/Haines. Sign of a strong RTC.
  8. This could also be small.
  9. So, not NIL. Got it. Also not a college topic. Check.
  10. You don't seem to realize he isn't in college anymore.
  11. Now it makes sense. The Lehigh valley is no good at wrestling and it makes you bitter. All cleared up.
  12. No one gets better at wrestling by not wrestling. He has wrestled three matches in the 2.5 years since that match. In those three matches he has looked like a blood round guy, not a national champ.
  13. Amateur sports were only ever amateur for the athletes. Everyone else wet their beaks. Nick Saban wasn't able to sign a $93 million contract because we love amateurism.
  14. It is a distraction of the Trump camp's creation. The person Trump chose to spearhead his efforts, Giuliani, accused these two women of fraud, and did it in the most disgusting, racially charged manner he possible could. You will not be able to persuade me that was not intentional on his part. Giuliani is also the one who a member of his own party said reported he had no proof. As for rigging vs fraud, what is the distinction?
  15. Wille has talked me off the ledge with his posts. I am certainly willing to be patient and offer some grace to Bob given the free nature of this site.
  16. I think it goes like this: 2021 - free COVID year 2022 - used 1st year of eligibility by participating in >30% of competitions AND started the clock on his 5 year window to use 4 years. 2023 - 5 year window still running, this is year two. Technically not a redshirt since he was not on a roster. 2024 - possible oly redshirt or year 2 of eligibility, AND either the window pauses with the ORS or year 3 of 5 year window. 2025 - either year 2 or 3 of eligibility, AND either year 3 or 4 of the 5 year window. 2026 - either year 3 or year 4 of eligibility, AND either year 4 or year 5 of the 5 year window. 2027 - either year 4 or awaiting entry into the Oklahoma, Iowa, California, and National HOF's, AND either year 5 of the 5 year window or he is working on that 666th pound.
  17. No medical waiver because he had wrestled too much of the season (10 of their either 19 or 21 scheduled events - depends on how conf and NCAA tournies are counted). He is claiming 2024 as an ORS, but that needs to be approved by the NCAA. No idea if he got that approval. It would surprise me if he had, given that he did not have any school affiliated resources to assist in the process. Perhaps CSUB is attempting to get that ORS retroactively. Who knows.
  18. On the Surface I can, on the android phone I could not.
  19. I am reminded of the scene in My Cousin Vinny wherein Vincent Laguardia Gambini explains to the two utes that the prosecution will present evidence that looks like a solid brick, but if you turn it sideways there is nothing there. What you are presenting are theories, not evidence. And this is in spite of the fact that nothing prevents the investigation of fraud. But an investigation does not start with a judge. It ends with a judge, and/or jury, weighing in on whether the investigation resulted in proof. A tremendous amount of time, resources, and money was spent in search of that evidence, but none was produced. And it was not just the Fulton County cases that were dismissed. There were something like 50 cases dismissed on procedural grounds, or withdrawn by Trump's team. At least one of these cases resulted in sanctions on the lawyers presenting them for presenting them based on false information. Ultimately, at least 10 suits were heard and decided on their merits in Arizona, Michigan, Pennsylvania, Wisconsin, Nevada, and Georgia. None of these 10 were successful for Trump. It was Trump's own lead strategist/lawyer at the time, America's mayor turned America's national embarrassment, Rudy Giuliani, who said to the Arizona AG, "We've got a lot of theories. We just don't have the evidence." And he was so lacking in evidence, in spite of having a greater ability to gather it than perhaps anyone, that he made things up such that he is now on the hook for $148 million due to his slander of the mother and daughter election workers in Georgia.
  20. My issue is with ads that cover content. Ads that are within content do not cause a problem for me. Here is an example on my Surface running Chrome. It looks like I can click on "Go to topic listing" or "Next unread topic" at the bottom of the page, but because there is a transparent ad over the top, I cannot (see the feint line at the top edge of the previously clickable element). The Nike ad between post for me is not a problem. The Nike ad covering the bottom and the jtv ad covering content for me is a problem. On my Samsung S24+ running Chrome the ads cover even more of the content. There the ads will take up almost half the page. While I understand the need to sell ads to support a site that is free for the users, it has been my habit to not visit sites that have this type of ad experience.
  21. Thank you, @Husker_Du As for me, the ads are so prevelant that I cannot post using one of my phones. After clearing my cookies the site wants to know if I want to use Chrome or Tapatalk. But the choice buttons are covered by an ad so that they are not accessible. And the site is not accessible until I make a choice. Happy to give @BobDole some time to tweak.
  22. I was thinking about that, too. I will give it some time first.
  23. Go condescend somewhere else. If you have something to say, say it. But say it fast, I am this close to dropping this site due to the unbearable ad experience.
  24. Don't forget the time he must spend in the editing studio given the high quality of his IG posts.
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