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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
Mohdoo
Profile Joined August 2007
United States15686 Posts
Last Edited: 2016-06-06 20:05:23
June 06 2016 20:02 GMT
#79181
On June 07 2016 04:56 Plansix wrote:
Man, that reporter went it way too hard with that bait. It’s a silly question which deserved the flip answer it got.


Yeah. I love saying mean shit about Bernie, but this interview is not allowing me to do so.

Note: I am mostly making fun of myself here :p
JumboJohnson
Profile Joined December 2011
537 Posts
Last Edited: 2016-06-06 20:14:06
June 06 2016 20:13 GMT
#79182
+ Show Spoiler +
On June 07 2016 03:34 {CC}StealthBlue wrote:


Wonder if he can write off the $15m as a charitable donation and still come out on top. Also guess it's time to start a debt agency and buy out my own debt. Anyone care to join?
KwarK
Profile Blog Joined July 2006
United States42642 Posts
June 06 2016 20:32 GMT
#79183
On June 07 2016 05:13 JumboJohnson wrote:
+ Show Spoiler +
On June 07 2016 03:34 {CC}StealthBlue wrote:
https://www.youtube.com/watch?v=hxUAntt1z2c


Wonder if he can write off the $15m as a charitable donation and still come out on top. Also guess it's time to start a debt agency and buy out my own debt. Anyone care to join?

I don't think you understand any part of what happened there. Debt is sold in bundles, he didn't make a $15m donation and the people who actually held that debt were very unlikely to ever pay a cent on it, hence why it was going for four tenths of a cent on the dollar. By the time your debt is valued at four tenths of a cent on the dollar you can just not pay it, it doesn't get that cheap unless it's completely unenforceable. Furthermore even if you settle the debt with yourself your credit report will still be trashed.
ModeratorThe angels have the phone box
ticklishmusic
Profile Blog Joined August 2011
United States15977 Posts
Last Edited: 2016-06-06 20:34:07
June 06 2016 20:33 GMT
#79184
plus if you use charitable donations to deduct from income yeah you're not paying tax on that portion of income... because you no longer have it. you cant pay 20 cents on the dollar if you dont have the dollar.
(╯°□°)╯︵ ┻━┻
Plansix
Profile Blog Joined April 2011
United States60190 Posts
June 06 2016 20:38 GMT
#79185
On June 07 2016 05:32 KwarK wrote:
Show nested quote +
On June 07 2016 05:13 JumboJohnson wrote:
+ Show Spoiler +
On June 07 2016 03:34 {CC}StealthBlue wrote:
https://www.youtube.com/watch?v=hxUAntt1z2c


Wonder if he can write off the $15m as a charitable donation and still come out on top. Also guess it's time to start a debt agency and buy out my own debt. Anyone care to join?

I don't think you understand any part of what happened there. Debt is sold in bundles, he didn't make a $15m donation and the people who actually held that debt were very unlikely to ever pay a cent on it, hence why it was going for four tenths of a cent on the dollar. By the time your debt is valued at four tenths of a cent on the dollar you can just not pay it, it doesn't get that cheap unless it's completely unenforceable. Furthermore even if you settle the debt with yourself your credit report will still be trashed.

If you already have that much debt, your credit is pretty well on the way to being screwed. But really it is much easier to discharge it through bankruptcy. Then when someone tries to collect on a discharged debt, you go after them for fair debt violations and make up your loss.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
Karis Vas Ryaar
Profile Blog Joined July 2011
United States4396 Posts
June 06 2016 20:43 GMT
#79186
On June 07 2016 05:13 JumboJohnson wrote:
+ Show Spoiler +
On June 07 2016 03:34 {CC}StealthBlue wrote:
https://www.youtube.com/watch?v=hxUAntt1z2c


Wonder if he can write off the $15m as a charitable donation and still come out on top. Also guess it's time to start a debt agency and buy out my own debt. Anyone care to join?


thats sounds like what the savings and loan people would do. loan a ton of money to friends or themselves and then default and have the government cover it
"I'm not agreeing with a lot of Virus's decisions but they are working" Tasteless. Ipl4 Losers Bracket Virus 2-1 Maru
KwarK
Profile Blog Joined July 2006
United States42642 Posts
June 06 2016 20:43 GMT
#79187
On June 07 2016 05:38 Plansix wrote:
Show nested quote +
On June 07 2016 05:32 KwarK wrote:
On June 07 2016 05:13 JumboJohnson wrote:
+ Show Spoiler +
On June 07 2016 03:34 {CC}StealthBlue wrote:
https://www.youtube.com/watch?v=hxUAntt1z2c


Wonder if he can write off the $15m as a charitable donation and still come out on top. Also guess it's time to start a debt agency and buy out my own debt. Anyone care to join?

I don't think you understand any part of what happened there. Debt is sold in bundles, he didn't make a $15m donation and the people who actually held that debt were very unlikely to ever pay a cent on it, hence why it was going for four tenths of a cent on the dollar. By the time your debt is valued at four tenths of a cent on the dollar you can just not pay it, it doesn't get that cheap unless it's completely unenforceable. Furthermore even if you settle the debt with yourself your credit report will still be trashed.

If you already have that much debt, your credit is pretty well on the way to being screwed. But really it is much easier to discharge it through bankruptcy. Then when someone tries to collect on a discharged debt, you go after them for fair debt violations and make up your loss.

Except the people who are going to be holding this debt aren't going to be aware of what their legal rights are, nor how to demand verification of the debt or anything else. They're going to be the ones who get an angry boss demanding to know why a debt collector was calling him at home and who make payments on it just to end the harassment, thus prolonging the harassment.

It falls into the same abyss as pretty much all social programs except stuff like UBI, the people who need help are almost always the people least able to get that help. They're the people who struggle to read the forms or to understand how to resolve their own problems. You or I would be absolutely fine if we got into that position but you or I are never going to get into that position and the shitty illegal debt collectors aren't going to fuck with us because they know better.
ModeratorThe angels have the phone box
Plansix
Profile Blog Joined April 2011
United States60190 Posts
June 06 2016 21:01 GMT
#79188
Thus is the problem and why selling debt should be heavily regulated and the courts should just slaps these mass filings down. In a couple states we practice in, the debt collection attorneys have caused the courts to no longer allow tack on service. Its service in hand or you get nothing. But that is just a product of shitty legal work that should held to a higher standard.

But once again. any attempt to regulate this will be meet with opposition.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
Falling
Profile Blog Joined June 2009
Canada11349 Posts
Last Edited: 2016-06-06 21:30:43
June 06 2016 21:24 GMT
#79189
Thing is with speaker fees is it really is a matter of the free market. An argument could be made that politicians should have their speaker fees capped at some number (to deal with money in politics), but outside that, as a speaker you are only worth what people are willing to pay to bring you in. Alternatively, you could charge a high rate because you are a very busy person and don't really want to do that many events, and if you do, it had better be worth your while. Big names will attract big money even if they aren't that great a speaker to listen to. And a non-politician is going to charge what they want, and there really isn't much reason to regulate someone once they are no longer a public servant. And so you would still wind up with the Trumps of the world charging 1.5 million for their time.
Moderator"In Trump We Trust," says the Golden Goat of Mars Lago. Have faith and believe! Trump moves in mysterious ways. Like the wind he blows where he pleases...
Gorsameth
Profile Joined April 2010
Netherlands21665 Posts
June 06 2016 22:12 GMT
#79190
To those saying HIllary's speaking fees are bribes.
George W bush has a speaking fee of 100k aswell and is rumored to be even higher.
www.snopes.com/2015/07/09/george-bush-speaking-fees/

So what is someone hoping to accomplish with 'bribing' an unpopular retired president?

Any high profile public speaker in the US can run you up 100k.
It ignores such insignificant forces as time, entropy, and death
GreenHorizons
Profile Blog Joined April 2011
United States23220 Posts
Last Edited: 2016-06-06 22:30:58
June 06 2016 22:27 GMT
#79191
On June 07 2016 07:12 Gorsameth wrote:
To those saying HIllary's speaking fees are bribes.
George W bush has a speaking fee of 100k aswell and is rumored to be even higher.
www.snopes.com/2015/07/09/george-bush-speaking-fees/

So what is someone hoping to accomplish with 'bribing' an unpopular retired president?

Any high profile public speaker in the US can run you up 100k.


I mean she's not a president and she pulled in over 600k just from GS and 10's of millions total (not even counting Bill's speeches). Also, are we pretending Bush doesn't still have connections?

But giving Hillary a pass on this means that any potential president has a pass on taking in millions of dollars into their personal pockets from the people they say they are going to reign in and we're to presume it's all legit. This is also ignoring the millions dumped into her superPAC's and elsewhere. For example, because of giving Hillary a pass, we also have to give Trump a pass for taking money from the typical GOP big donors as just playing the broken game and we're to assume they will have no influence over his policy even if their interests are in direct opposition to what he says he'll do while taking millions from them. Even if he records the conversations, we'll have to let him say there's nothing sketchy about not letting us hear them.

All of this doesn't even touch the Clinton Foundation which any intellectually honest person knows would be getting ripped by Hillary supporters if it was the "Cheney Foundation" but doing exactly the same things. Which is where Trump is heading next, and it's going to be a bumpy ride trying to defend it.

It's hard for me to think people look at Chelsea Clinton's first job (or work history in general) and think "yup, nothing fishy going on there".
"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
Mohdoo
Profile Joined August 2007
United States15686 Posts
June 06 2016 22:29 GMT
#79192
Anyone care to place predictions on the final vote total in Cali tomorrow? I predict:

Goddess: 51
Bernie: 49

Won't be surprised if it is the opposite though.
On_Slaught
Profile Joined August 2008
United States12190 Posts
June 06 2016 22:31 GMT
#79193
Lol @ the media genius. Rather than moving on from this issue which is making him look horrible to both parties, he is doubling down on it over and over.

http://www.bloomberg.com/politics/articles/2016-06-06/trump-orders-surrogates-to-intensify-criticism-of-judge-and-journalists

This is the real Donald Trump.
GreenHorizons
Profile Blog Joined April 2011
United States23220 Posts
June 06 2016 22:34 GMT
#79194
On June 07 2016 07:31 On_Slaught wrote:
Lol @ the media genius. Rather than moving on from this issue which is making him look horrible to both parties, he is doubling down on it over and over.

http://www.bloomberg.com/politics/articles/2016-06-06/trump-orders-surrogates-to-intensify-criticism-of-judge-and-journalists

This is the real Donald Trump.


Just watched one of the first trials with Katrina and she kicked Wolf's ass on this. They had the Bloomberg report and they still weren't ready, the media is going to be relegated to a punchline by the end of the election.

That they are getting beat by someone saying such absurd things will be something studied for generations.
"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
Mohdoo
Profile Joined August 2007
United States15686 Posts
June 06 2016 22:35 GMT
#79195
On June 07 2016 07:31 On_Slaught wrote:
Lol @ the media genius. Rather than moving on from this issue which is making him look horrible to both parties, he is doubling down on it over and over.

http://www.bloomberg.com/politics/articles/2016-06-06/trump-orders-surrogates-to-intensify-criticism-of-judge-and-journalists

This is the real Donald Trump.



my god.


"Are there any other stupid letters that were sent to you folks?" Trump said. "That's one of the reasons I want to have this call, because you guys are getting sometimes stupid information from people that aren't so smart."
KwarK
Profile Blog Joined July 2006
United States42642 Posts
June 06 2016 22:37 GMT
#79196
On June 07 2016 07:31 On_Slaught wrote:
Lol @ the media genius. Rather than moving on from this issue which is making him look horrible to both parties, he is doubling down on it over and over.

http://www.bloomberg.com/politics/articles/2016-06-06/trump-orders-surrogates-to-intensify-criticism-of-judge-and-journalists

This is the real Donald Trump.

I've taken over the asylum now and the orderlies better start singing in harmony with my lunacy, or else.


I'd say they sought to harness the Trump without being able to control him but it's not even that, they did all they could to reject him and failed and now they're stuck with him and don't know how to disassociate the Republican party with him without looking like they're disloyal.
ModeratorThe angels have the phone box
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
June 06 2016 22:37 GMT
#79197
Should the FBI not recommend an indictment of Hillary Clinton following its investigation of the setup of her private email server, House Oversight Committee Chairman Jason Chaffetz (R-Utah) on Monday said he and his Republican colleagues would "probably" accept the outcome.

"Oh, probably, because we do believe in [FBI Director] James Comey," the Utah Republican said during an appearance on Fox News' "Outnumbered." "I do think that in all of the government, he is a man of integrity and honesty."

Comey, Chaffetz continued, went before the House Judiciary Committee of which he is a member and said he "looks at this daily."

"His finger is on the pulse of this. Nothing happens without him, and I think he is going to be the definitive person to make a determination or a recommendation," Chaffetz said. "We'll see where that goes."

Chaffetz noted reports about the ongoing investigation, adding that he thinks it is "imperative that they get it done sooner than later."


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
On_Slaught
Profile Joined August 2008
United States12190 Posts
June 06 2016 22:40 GMT
#79198
On June 07 2016 07:34 GreenHorizons wrote:
Show nested quote +
On June 07 2016 07:31 On_Slaught wrote:
Lol @ the media genius. Rather than moving on from this issue which is making him look horrible to both parties, he is doubling down on it over and over.

http://www.bloomberg.com/politics/articles/2016-06-06/trump-orders-surrogates-to-intensify-criticism-of-judge-and-journalists

This is the real Donald Trump.


Just watched one of the first trials with Katrina and she kicked Wolf's ass on this. They had the Bloomberg report and they still weren't ready, the media is going to be relegated to a punchline by the end of the election.

That they are getting beat by someone saying such absurd things will be something studied for generations.


Definitely agree with this. Political Scientists and the like are going to be busy for a while. The number of books that will be written on this election will blot out the sun.
xDaunt
Profile Joined March 2010
United States17988 Posts
June 06 2016 22:48 GMT
#79199
Trump has always doubled down, and it has always worked for him. Why stop now?

That said, and as an attorney, I do find his attacks on Judge Curiel to be highly distasteful.
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
Last Edited: 2016-06-06 22:50:13
June 06 2016 22:49 GMT
#79200
the government could buy up debt that people still have from medical/housing bankruptcies for cents on the dollar from the market as an effective and targeted channel of stimulus. this is probably already in hillary group's playbook though there is obstacle in the form of a debt collection industry.

grand trumpkin's attack against that judge is hilariously self destructive hope it continues.
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
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