Archive for February, 2005

Going through Some Changes

Monday, February 14th, 2005

For maybe the 2 or 3 people who might actually be reading this little
blog of mine, (Not talk about Texas Holdem) The site is going through a
few changes. I changed hosting companies from MySQL hosting to
lampHost.net. Should be a little nicer, at least for me. You guys
won’t see much a a difference. But if something looks a little odd let
me know.

UPDATE: Just switched over to WP 1.5 Got some cool features. I should write a review a little later.

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Get a GMail account

Friday, February 11th, 2005

Never knew about this.

Welcome to isnoop.net’s gmail invite spooler. This page offers a place for people with Gmail invites and those who want them to come together with minimal effort and fuss.
Currently, we have 167,737 invites available to share. Thanks to the generosity of folks like you, we’ve distributed 246,590 invites since this page went up on Sep 13, 2004.

I have a gmail account. I feel cool now.

Dap: google blog

update: isnoop has long since been shut down but I got a lot of invites myself. I will share if you ask.

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The Rise of Generation V

Wednesday, February 9th, 2005

You might recall that I figured out how to to save Social Security as we know it a little while back but let us face facts. The President and the rest of the conservatives DO NOT want to save SS as we know it. They can not tolerate the stink of this "Socialist" program to abide in the shrine of Capitalism that is the United States of America, no matter how successful and well received it is.

OK fine. But lets look at some hard truths about SS reform.

If the goal is to get the US off the "pipe" that is SS it can not be done without:

  1. Raising taxes:
    This is a no brainer. We are not going to escape this. The CBO has set the date at 2018. The Govt borrowed a lot of money from the people in the form of the bonds held by the SS trust fund. In 2018 they will start asking for that money back. Unless the Federal Govt does some serious adjustment to it spending habits this is an inevitability.
  2. Shafting at least one generation:
    By shaft I mean that at least one generation will have to pay into the SS system and will not be able to receive all, if any of, what they contribute. What else can you expect? SS is a "pay-as-you-go" system. I am paying for dad. If SS is around my kids will be paying for me. The trick is to get the "Vaseline" generation to like it, or at least accept it. That is of course is easy to do. Pay them off. Generation "V" will have to get "crazy" tax breaks. Possibly a Generation V tax bracket that is lower than the generation before and after. Or maybe even the Federal Govt match contributions in to PRAs (I like this idea), this plus possible exemptions for money that is put in and any returns that are pulled out.
  3. Restricting payout to just the PRA until it is empty:
    What do I mean by this? During the transition period the "V" Generation(s) will have both traditional SS as well as the new PRA. But to make it work they will probably only be able to draw from PRAs until it runs dry then they will be able to collect SS. This has the effect of stepping the SS "dosage" down slowly so that the bonds in the trust fund don’t have to be cashed in so quickly.
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RIP Ossie Davis

Friday, February 4th, 2005

Ossie DavisI just found out about this. The AP via yahoo has some details.

NEW YORK - Ossie Davis, the imposing, unshakable actor who championed racial justice on stage, on screen and in real life, often in tandem with his wife, Ruby Dee, has died. He was 87.

Davis was found dead Friday in his hotel room in Miami Beach, Fla., according to officials there. He was making a film called "Retirement," said Arminda Thomas, who works in his office in suburban New Rochelle and confirmed the death.

Miami Beach police spokesman Bobby Hernandez said Davis’ grandson called shortly before 7 a.m. when Davis would not open the door to his room at the Shore Club Hotel. Davis was found dead and there does not appear to be any foul play, Hernandez said.

Davis, who wrote, acted, directed and produced for the theater and Hollywood, was a central figure among black performers for decades. He and Dee celebrated their 50th wedding anniversary in 1998 with the publication of a dual autobiography, "In This Life Together.”

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What about the Trustfund ?

Thursday, February 3rd, 2005

SS will not be flat broke in 2042. Payroll taxes can support 70 % of promised benefits at least until 2080. So says the CBO.

Q: If 2% of SS payroll taxes could be diverted into private accounts, how would SS make up that 2%?
A: TAXES

Doesn’t it make beter sence to simply increase SS payroll taxes and let retirement accounts exist as an addition to the current SS? Infact it makes NO sence to me to take money out of SS only to replenish it with general fund money UNLESS the long term plan is to reduce SS funding later. If your listening, somebody set me staight.

Q: What’s the President’s plan to pay off the T-Bills that are in the SS trust fund.
A: TAXES

The trust fund is what I don’t hear anyone talking about.
If there was no trust fund, when payroll taxes would no longer cover benefits, they would be just cut them, and continue to cut them until SS was no more. The conservatives would be cool with this but the trust fund puts a monkey wrench in that. Because the Federal Government is by Law required to pay that money back with interest when they are cashed in. Taxes MUST go up to or borrow more money and incur more debt.

NO PLAN I HAVE EVER HEARD ADDRESSES HOW THE GOV’T WILL PAY THE TRUST FUND BONDS.

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Google

Thursday, February 3rd, 2005

All other internet companies

bow

Google is now an ICANN-accredited registrar of domain names, providing it with yet another potential line of expansion. The fast-growing search provider is approved to sell names in seven top-level domains (TLDs) including .com, .net, .org, .biz., info, .name and .pro.

down

How does Google plan to use its new status as a domain registrar? Speculation abounds. One of the most intriguing theories, outlined at Datamonitor, is that Google will use its access to the list of recently sold domains to clean up its search results, resetting a site’s "PageRank" when its domain changes hands.

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This should have been posted 2 nights ago but …

Thursday, February 3rd, 2005

TONY FREAKIN’ ALMEDA !!!!

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