Mountain View, CA
Followed by 0
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In United States
Registered Apr 13, 2011
I am Doc White Cloud, a former professor of Occult Arts at Choctaw State University.
raindoctor's most recent comments:
- On 15 May 2013
IRS sent same letter to Dems and Tea party,
"The Supreme Court rulings undid a string of campaign finance regulations and opened up loopholes for groups to avoid disclosure. The tax-exempt 501(c)(4) nonprofit, which can accept unlimited contributions from any source and whose donors can be kept secret, became the primary vehicle for operatives looking to engage in politics with "dark" money. The number of applications for 501(c)(4) status spiked, thrusting the IRS into a precarious position of overseeing partisan politics in a way that it had never done before.
"It's just another example of just the inability of the IRS to really enforce what are really political election campaign regulations," said Ofer Lion, a lawyer who works with tax-exempt organizations at Hunton & Williams. "These are career civil servants down in the IRS basement somewhere without adult supervision trying to deal with problems they don't know how to deal with."
The main problem is the need for the IRS to review partisan political activity, which has been strictly limited for tax-exempt organizations since 1954. While 501(c)(4) groups are allowed to engage in some political activity, including running partisan advertising, it cannot be their primary purpose. In its review process, the IRS examines whether a group is seeking tax exemption for inappropriate reasons like personal gain or, the current concern, improperly engaging in politics."
- On 4 May 2013
Conservative "economist" calls Keynes a fag,
Well, Keynes had an insight. Fix the aggregate demand problem, the economy cures it itself. The self-interests of the elite are not same as those of 95 percent of ordinary people; in which case, we need an entity that is different from elites, to serve the public. That's what the government is supposed to.
When the economy is cold (in recession), fire up the fiscal policy to inject into the economy. Monetary policy has no teeth; it just redistributes what is in the system.
When the economy is hot, bring in a tax policy to suck the money out.
- On 2 May 2013
lostand confused says
I am still scratching my head-I am willing to pay cash, but you give me a loan at zero percent interest and a discount/rebate for that? WTF?????
Now, if only I can find someone who will give me a zero percent mortgage!
Well, the dealer is rational here: he makes 'more' money off by financing and other rebates. If you pay in cash, he makes less.