Follow 753 comments Followed by 0 Following 0 Ignored by 1 Ignoring 1 Ignore Philistine
Registered Jun 16, 2007
Philistine's most recent comments:
- On Thu, 24 Sep 2015, 4:57pm PDT
Uber drivers running on empty,
Straw Man says
needs to pay off the car he bought for this gig
Also consider that once he racks up all those miles in such short time, his car is worth diddly as a trade or private sale. I bet when you defray the accelerated depreciation, that $2.64/hour turns into zero. Shockingly, the gov't does not mail you a paycheck for mileage and depreciation if it exceeds your earnings.
- On Mon, 21 Sep 2015, 3:01pm PDT
Should court fines, fees and assessments be based on ability to pay?,
The Financial Pain of somebody who makes $300,000 paying a $150 is much, much, much less than somebody who makes $19,000 paying the same fine.
I think it's funny (well, diabolical when I really think about it) that the CEO of my company regularly runs lights, speeds 100 mph+ on the freeways, and all other manner of skofflawing and our legal person spends a few hours every couple weeks "managing" the tickets, fines, court appearances, etc. To our CEO it's just his nominal cost of getting to drive how he wants and screw everybody else on the road. There's even an attorney on retainer that keeps his driver license relatively spotless.
- On Sat, 19 Sep 2015, 6:22am PDT
The Fed Rate Hike And The Housing Impact,
He said banks cannot pay the interest
Ehhh, what about all the variable rate business loans? A fed hike would allow banks to increase their interest take on these loans. Also, cash deposits are at a record high, so banks have no incentive to pay higher rates to depositors even if there is a modest rate hike.