Russell Iwasa
2.4K posts

Russell Iwasa
@Tidtwo
Remember the difference between the GOALS of a program or law and the INCENTIVES that are created. What is achieved can be very different from the intended.
Hawaii Katılım Ekim 2013
9 Takip Edilen7 Takipçiler

@TheEXECUTlONER_ The lawn service guy has a point about the owner getting quotes from other vendors. That is what competition is for. If the price is still too high, then the owner should do it himself and save that money at the cost of his time, effort, and convenience.
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This man called this lawn service company to mow his yard front and back and weed eat it.
Looks like the yard hasn’t been mowed or maintained in quite awhile. 💯
The lawn service guy quotes him $200. The man doesn’t seem pleased and thinks that’s high. 🤯
The lawn service guy tells him to maybe call around and see if he can get a cheaper quote.
Not sure what rate that man was expecting.
Do you think $200 is too high for all that? So you think it is too low for that? What do you think is a fair price would be?
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@ChrisMartzWX Thomas Sowell would probably say that the amount of proven reserves of oil represents what is cost-effective to develop given existing tech and prices. Better tech and higher prices based on scarcity given the long development time would result in finding more.
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People said that we would run out of oil in the 1970s.
That didn’t happen.
We are going to be burning oil for a long, long time.
Nobody really knows how much oil there is left.
Not everything runs on bAtTeRiEs.
saber@SAEberwein
@ChrisMartzWX sure but we won’t be burning fossil fuels forever, the transition to electric is inevitable
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@RedWavePress Contemporary documented empirical evidence would be much more convincing than mere verbal assertions that abuses had to be happening. Anybody think that such supposedly widespread abuses could be kept hidden in this age of the smartphone?
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DERANGED: The View’s Whoopi Goldberg LOSES her MIND—claiming that white people are “shooting” black people and siccing their dogs on them at polling locations to STOP them from voting.
“We put the Voting Rights Act together because there was an issue, because they were keeping people from voting. They were literally shooting people. They were running them down with dogs to keep them from voting. Okay? Let's start with that.”
“So when they say that problem is gone, it's not gone because you're still doing it. You're still doing it.”
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@christopherrufo Once I heard how the California 911 project was structured (4 contractors for 4 regions or something like that) I was not surprised that the project failed. Each contractor will structure their part so it works but integration will likely have serious holes.
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@TheEXECUTlONER_ If the price/cost is mutually agreeable to the guy doing the work and the property owner whose land is being mowed, then it fine.
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@RealDonKeith Hiring a new employee is a crapshoot for the employer. They may be excellent, adequate, poor, or just not workable so the employer seeks info on the applicant. A college degree says nothing about what kind of employee the applicant will be so is not valued.
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@DailySowell Trade-offs and a matter of incentives. High tax rates rewards having tax-free investments (better "after-tax" results even allowing for lower actual returns) or moving to a jurisdiction with lower tax rates.
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Thomas Sowell on why “tax the rich” backfires:
“The people at the high end of the income scale don’t just stand still to be sheared like sheep.”
“They send their money overseas... They’re making money overseas and they don’t bring it home because it would be taxed to death if they bring it home.”
“As you keep raising the taxes, they will do more and more of their businesses overseas, and the jobs that are created will be created overseas.”
“Whether they have high or low taxes on the rich is gonna affect the rich a lot less than it’s gonna affect people who are looking for jobs and people who have small businesses like hardware stores who can’t move overseas.”
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@KeruboSk Trust but have jointly signed legal documentation of promises/understandings since it is "easy" to "forget" or "someone misunderstood" or "misremember the details" of what a promise actually said. Hopefully never to be invoked.
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My boyfriend and I are planning to buy a house together after dating for 3 years.
He earns significantly more than I do, so he’d be contributing about 70% of the down payment. Because of that, he wants the house to be only in his name.
He says it’s just “fair” based on the numbers, but we’d both be living there, splitting bills, and building a life together.
I’ve been watching a lot of relationship content about equity vs equality, and it made me realize things don’t always have to be 50/50 but this feels like I’d have no security at all.
He said if we ever broke up, he’d “do the right thing,” but that doesn’t really reassure me.
My friends say don’t move in unless my name is on it. His friends apparently think I’m being entitled.
Now I feel stuck between trusting him and protecting myself.
Is this a red flag I’m trying too hard to rationalize?
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@0xleegenz Didn't have to make extra payments, just larger payments than required. There is usually a slot on the coupon for the extra amount that goes to principal reduction.
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