Money Sloth

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Money Sloth

@MoneySlothBlog

Katılım Haziran 2020
25 Takip Edilen123 Takipçiler
Kalizaar
Kalizaar@Schrruuuuuuuupp·
@atrupar At this point, I don't understand why the people in this administration don't just stand at the microphone and start yodeling or saying "GHDHDJUGEVDJDJDVGDHXZGAGAMAKKUEYEORKEBBDXJEUEHDJDJSJSH". Makes about the same amount of sense, and nobody would question it anyhow.
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Aaron Rupar
Aaron Rupar@atrupar·
Leavitt: "They were suggesting to the 1.3 million active duty service members in the military that if you think an order is illegal, you don't have to follow. That's actually against the uniform code of military justice."
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Didi
Didi@dian_arifiya·
If you vacuumed your floor more than once a year you wouldn't have this freaking problem
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Money Sloth
Money Sloth@MoneySlothBlog·
@CNBC @JeffCoxCNBCcom your Goldman sources are incorrect that the paychecks won’t go out. Government paychecks will go out on the 15th, but will be for pay through 9/30. The paycheck will only be missing 3 days of pay.
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CNBC
CNBC@CNBC·
There's one date if the shutdown drags on where pressure will really start to mount on Trump and Congress cnbc.com/2025/10/06/the…
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Money Sloth
Money Sloth@MoneySlothBlog·
@mcuban That’s fine until you have a significant health issue or accident and are faced with mid six-figure bills as a self-pay patient versus max out of pocket with insurance of $5-15k.
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Mark Cuban
Mark Cuban@mcuban·
The real health insurance scam is that they know as their deductibles go up, fewer people can afford to use their insurance. Which means they don’t have insurance. Despite having to pay premiums. It may sound counter intuitive , but if you can’t afford your deductible, you MIGHT be better off not getting insurance. When you need care, primary, preventive or worse, your doctor or hospital has financing plans. And, their cash price that they finance will be cheaper than what your insurance company or employer negotiated There is still a lot of work to be done before this is easy and convenient. But it’s starting to happen. Now is the time to find a doctor who is willing to work with you directly and let you pay them directly. See what works for you. This isn’t a perfect approach , so All feedback welcome !
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Money Sloth
Money Sloth@MoneySlothBlog·
@mcuban Distributing based on hours worked would do even more to reduce income inequality than basing the distribution on a share of earnings.
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Mark Cuban
Mark Cuban@mcuban·
I will add that I would make an exception if the repurchased shares were distributed equally to all employee based on their cash earnings. From the intern to the janitor to the ceo. Add up all the cash earnings for all employees, full and part time for the year. Each employee gets whatever their share of the earnings are in stock This is a baby step towards reducing income inequality, increase all employees net-worth.
Mark Cuban@mcuban

Another way to raise funding is to charge a higher tax on buybacks. This again is a way to charge the biggest public companies more m, and impact us rich people more. A high enough tax pushes companies to reinvest in their companies and/or potentially pay dividends. And btw, qualified dividends are tax free for most Americans. So charging a higher buyback tax not only increases tax revenues, if the company does pay a dividend, married households making under 94k pay no taxes on it. If I own it. I pay full taxes. FWIW, This is one the Dems liked. turbotax.intuit.com/tax-tips/inves…

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Money Sloth
Money Sloth@MoneySlothBlog·
@Biomaven @mcuban It's incredibly difficult to change any of the SOPs because of the fear of it appearing political in nature. Former Commissioner Groshen spoke about this in an interview yesterday. During my time there, every proposed change was heavily scrutinized to avoid perceptions of bias.
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Peter Suzman
Peter Suzman@Biomaven·
@MoneySlothBlog @mcuban Thanks - never read as far as page 9. Then my suggestion is the top line number release should emphasize the confidence interval way more.
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Money Sloth
Money Sloth@MoneySlothBlog·
@Biomaven @mcuban That’s literally what’s written in the monthly jobs report on page 9 each month.
Money Sloth tweet media
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Peter Suzman
Peter Suzman@Biomaven·
@mcuban Much better is to publish it on time each month but with an accompanying variable confidence interval that is dependent on the number of surveys returned. So a result might be +150,000 jobs [80,000, 220,000]
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Money Sloth
Money Sloth@MoneySlothBlog·
@DanielW_Kiwi Comparing real earnings with nominal rent is apples and oranges. Need to compare both real or both nominal.
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Computer
Computer@AskPerplexity·
The idea of selling 10 million "Gold Card" visas at $5 million each to raise $50 trillion is highly unrealistic. There are only about 2.8 million individuals globally with a net worth exceeding $10 million, and even fewer would likely be interested in such a program, especially given the steep price and potential political, logistical, and economic challenges. While the program could generate significant revenue if scaled appropriately, the numbers proposed far exceed the pool of eligible and willing participants worldwide.
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Fox News
Fox News@FoxNews·
"If we sell 10 million, which is possible ... that’s $50 trillion. That means our debt is totally paid off, and we have $15 trillion above that." President Trump says the new 'gold card' visa program could wipe out U.S. debt.
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Money Sloth retweetledi
Jeremy Konyndyk
Jeremy Konyndyk@JeremyKonyndyk·
This is basically the whole DOGE scam: misread a spreadsheet, make no effort to understand the actual purpose of the program, and proceed to torch it on twitter. Rinse, wash, repeat.
Jesse Walker@notjessewalker

This is why I don't trust DOGE to do competent audits: Some shitty OSINT account misreads a contract that's about defending against stuff like phishing, and Musk just retweets it. The contract may well be a boondoggle! But to make that case, you need to do the fucking work.

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Money Sloth
Money Sloth@MoneySlothBlog·
@TaraBull808 Economist. Mostly work to find efficiencies and cost savings for a multibillion dollar org.
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TaraBull
TaraBull@TaraBull·
For those earning over $10K per month, what do you do for a living to achieve that income?
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Money Sloth
Money Sloth@MoneySlothBlog·
@TRUmav I was told the largest residential management company in DC no longer allows investments or investment income to count toward lease income requirements. I had to get an exception made by the property manager to get approved for my lease. It’s ridiculous.
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Ben Little
Ben Little@TRUmav·
The funniest thing I heard this week: 'There is nobody cockier than the retail leasing agent reviewing a tenant's financials who is 7x their own net worth' True story: I recently had one pushback on my financials because they were worried I didn't have enough liquidity. Very confused I asked for an explanation. Turns out, according to this leasing agent, equities & bonds do not count as 'liquidity' 🙃
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Evan
Evan@StockMKTNewz·
Warren Buffett who is currently the 7th richest person in the world worth $150,000,000,000.00 just sent out this letter explaining his thoughts on distributing his wealth after he passes away A thread 🧵⬇️
Evan tweet media
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The Dividend Breeder
The Dividend Breeder@DividendBreeder·
I’m 39-and-a-half years old. How much should I have saved for retirement?
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Money Sloth
Money Sloth@MoneySlothBlog·
So much misinformation going around about this. The “average price data” is different than the index data. Coffee is not being removed from the CPI basket of goods, they are merely discontinuing the publication of average price data for ground coffee.
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