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2 members (Jem Finch, 1 invisible),
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Key:
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Forums10
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Most Online1,258 Mar 29th, 2024
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Joined: Jun 2006
Posts: 2,966 Likes: 293
Sidelock
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Sidelock
Joined: Jun 2006
Posts: 2,966 Likes: 293 |
I had some relatives that were early investors in Buick. Their kid spent it all as only an American rich kid could.
Myself, under the illusion I will live forever, pre-ordered an Ineos Grenadier today, in keeping with this thread.
Last edited by ClapperZapper; 10/02/21 05:59 PM.
Out there doing it best I can.
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Joined: Jan 2002
Posts: 9,741 Likes: 743
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 9,741 Likes: 743 |
The progressives are working overtime to relieve us of the burden and headache of Trans generational capital transfer... ____________________________ The way things are going be lucky if we’re able to hand down a shyte Oldsmobile. Only considered shyte if it is no longer on original 400 power. Has to be the early 400 also, the one with the big lifters, oversquare bore, forged crankshaft and the C heads. None of that made it into the 68-69 engine. Handed a SBE down to the boy today that was his Grandfathers. I never thought much of it, kid feels differently. Generational thing I guess. Best, Ted _______________________________________________________________________ Unless the f-er is sitting in Detroit. Everything is shyte in that town.
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Joined: Jun 2006
Posts: 2,966 Likes: 293
Sidelock
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Sidelock
Joined: Jun 2006
Posts: 2,966 Likes: 293 |
Passing billions, soon to be trillions, down without taxation is a hard one to swallow for more than half of America.
I think the Roth end- around that allowed billions to be transferred tax free into investment companies angered they who were hoodwinked.
Out there doing it best I can.
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Joined: Jan 2002
Posts: 9,741 Likes: 743
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 9,741 Likes: 743 |
I always figured the Roth people were going to end up paying taxes all over again. Or, worse, retroactively. I couldn’t see any reason for government to be concerned about inflation for people who had paid their taxes with more valuable, older, dollars, rather than whatever wreckage was left of the currency, after bad fiscal policy (like what we have seen the past 8 months) was enacted.
Why do people from Europe assume health insurance is expensive or unavailable here in the US? I get mine from the Teamsters, it costs about $129 a pay period for my son and I, has a maximum out of pocket expense of $500 a year, which, the union is currently covering, covers medical, vision, dental, all X-rays, MRIs and whatever else are covered at 100%, and has a life insurance component of 1 1/2 times my yearly wage. A co-worker needed a hysterectomy, was scheduled and completed in less than a month, another needed a replacement knee, same time frame. These are not young folks, both over 50. I do have to show up at work to be covered, but, I got used to that notion a long time ago. Some policies are better than others, but, I have always stuck with employers that had good plans available, and sometimes made less money to do that. It was a choice. Nobody made me stay.
The people who complain the loudest don’t seem inclined to get their ass out of bed to make it to work everyday here in the states, from what I have seen.
My English born gunsmith was successfully treated for leukemia here in the US a few years back, rapid timeframe, and he told me it would have been a year of waiting around for medical care in England, and not at all likely that he would be eventually treated at his age, 60s at the time. Why would a medical system wait to treat someone suffering from leukemia?
Gentlemen are where you find them by the way.
Best, Ted
_________________________________________________________ The last left Detroit a long, long, time ago.
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Joined: Dec 2001
Posts: 6,991 Likes: 402
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 6,991 Likes: 402 |
Ted, Less than 11% of US workers are unionized. Try buying your health insurance without union or government help and it is a very different story as far as cost goes, you are looking at very high premiums and deductables without group buying power.
Do you know that the UK has private health care in ADDITION to the NHS? You do not need to wait for the Government in the UK to receive health care, you can support capitalism and hire a doctor without waiting. You have options, no one is making you wait.
I know at least two people(one is a board member) who have had their lives up ended due to the cost of medical care here in the US. Both are highly educated, hard workers and both made the mistake of marrying someone who became seriously ill.
I will completely agree, gentlemen, like deals are where you find them. Steve
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1 member likes this:
BrentD, Prof |
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Joined: Jan 2002
Posts: 9,741 Likes: 743
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 9,741 Likes: 743 |
When I wasn’t a union employee, I worked for an insurance company that was large enough to need an in-plant printshop and bindery. Same insurance deal, only better, never saw a bill. My forays into small shops always lead back to places with better benefits all the way around. I made less money working for MSI than I would have in a small commercial shop. But, there was a company funded pension in addition to the 401K. You couldn’t get it through to bargaining unit guys that you were saving 20% of your wage a year. They only cared about the $2-$3 an hour they would be missing out on. I worked there 17 years. Huge windfall when I moved on (not by choice) invested elsewhere. I work Union now, but have a former boss that would beat everything I have no questions asked, if I came to work for him. I would have to get across the river, am I’m old enough that my commute matters as much as who I work for. Anybody crying about no opportunities and no money/benefits at this time is delusional. The stuff is out there. If you are a tradesman or hold a Journeyman card, it is a great time to be alive.
If you have to buy insurance ON TOP of the crap they give you in England in order to get timely medical treatment, then what the hell is the point of the stuff they give you, and why would anyone want it?
My neighbor lady works part time for Kwik Trip, gets a wage and better insurance then she can buy from the Minnesota health care exchange, at no cost. Many, many employers go begging for help around here, now, and the plans that are available are much improved. My wife has a policy from her employer, local school district. Enough said there, right? She has a hard job, but, they take care of her.
Best, Ted
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Joined: Aug 2003
Posts: 136 Likes: 11
Sidelock
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Sidelock
Joined: Aug 2003
Posts: 136 Likes: 11 |
Hang on, let me get a tissue to wipe the tears from my eyes for the poor downtrodden billionaires. don’t bother ! the billionaires are hardly touched by the inheritance taxes - most all of their assets are already placed in complex trusts and foundations and only a token amount of their wealth is affected farmers, and other small private business owners, etc are the ones heavily hit , unless they have access to high level advice and estate planning far in advance most of us are too busy staying afloat and living to plan generations ahead as the truly wealthy do
Last edited by cable; 10/03/21 02:57 AM.
cable
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