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Non GAA Discussion => General discussion => Topic started by: muppet on May 05, 2016, 01:41:17 PM

Title: What did technology ever do for me?
Post by: muppet on May 05, 2016, 01:41:17 PM
(http://images.usatoday.com/money/_photos/2008/04/18/car1x.jpg)

(https://s-media-cache-ak0.pinimg.com/564x/f9/fd/55/f9fd5552c63f960b479cf60f9f29910a.jpg)

(https://upload.wikimedia.org/wikipedia/en/6/66/Ceefax.png)
Title: Re: What did technology ever do for me?
Post by: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.
Title: Re: What did technology ever do for me?
Post by: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.
Title: Re: What did technology ever do for me?
Post by: Orior on May 05, 2016, 02:56:12 PM
Porn.
Title: Re: What did technology ever do for me?
Post by: muppet on May 05, 2016, 03:08:43 PM
Quote from: Orior on May 05, 2016, 02:56:12 PM
Porn.

I had thought this might be 'a picture paints a thousand words' type thread, but you have switched it to 'a word paints a thousand pictures' one.  :D
Title: Re: What did technology ever do for me?
Post by: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....
Title: Re: What did technology ever do for me?
Post by: ziggysego on May 05, 2016, 04:21:50 PM
Gave me a hearing aid so I can listen. Gave me a wheelchair so I can be mobile.
Title: Re: What did technology ever do for me?
Post by: armaghniac on May 05, 2016, 04:38:41 PM
Allowed me phone Mayo

(http://www.britishtelephones.com/ericsson/ericsson/n2121ax.jpg)
Title: Re: What did technology ever do for me?
Post by: Hound on May 05, 2016, 04:55:41 PM
Quote from: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....

Down with entreprenuers inventing stuff, creating employment and generating wealth!
Title: Re: What did technology ever do for me?
Post by: muppet on May 05, 2016, 05:51:42 PM
Quote from: Hound on May 05, 2016, 04:55:41 PM
Quote from: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....

Down with entreprenuers inventing stuff, creating employment and generating wealth!

Apple, Facebook etc are modern success stories. Inherited mega-wealth is the real problem with the 1%.
Title: Re: What did technology ever do for me?
Post by: No wides on May 05, 2016, 07:47:24 PM
Quote from: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.

That's it keep racking up the posts, you will have caught hardstation in no time and then your life will be complete, you probably whacked one off overtaking ziggy.  :o
Title: Re: What did technology ever do for me?
Post by: muppet on May 05, 2016, 08:07:25 PM
Quote from: No wides on May 05, 2016, 07:47:24 PM
Quote from: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.

That's it keep racking up the posts, you will have caught hardstation in no time and then your life will be complete, you probably whacked one off overtaking ziggy.  :o

Can I help you with something?

Title: Re: What did technology ever do for me?
Post by: Orior on May 05, 2016, 08:10:02 PM
Quote from: No wides on May 05, 2016, 07:47:24 PM
Quote from: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.

That's it keep racking up the posts, you will have caught hardstation in no time and then your life will be complete, you probably whacked one off overtaking ziggy.  :o

Are you cross about something chief?
Title: Re: What did technology ever do for me?
Post by: No wides on May 05, 2016, 08:33:45 PM
Quote from: muppet on May 05, 2016, 08:07:25 PM
Quote from: No wides on May 05, 2016, 07:47:24 PM
Quote from: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.

That's it keep racking up the posts, you will have caught hardstation in no time and then your life will be complete, you probably whacked one off overtaking ziggy.  :o

Can I help you with something?

One closer.  ::)
Title: Re: What did technology ever do for me?
Post by: omaghjoe on May 05, 2016, 09:35:48 PM
Quote from: muppet on May 05, 2016, 08:07:25 PM
Quote from: No wides on May 05, 2016, 07:47:24 PM
Quote from: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.

That's it keep racking up the posts, you will have caught hardstation in no time and then your life will be complete, you probably whacked one off overtaking ziggy.  :o

Can I help you with something?

Jesus  thats a broadside if I eve seen one, they're usually reserved for Fearon are they not

Anyway I want to know who built the bridge?
Title: Re: What did technology ever do for me?
Post by: muppet on May 05, 2016, 11:14:03 PM
Quote from: omaghjoe on May 05, 2016, 09:35:48 PM
Quote from: muppet on May 05, 2016, 08:07:25 PM
Quote from: No wides on May 05, 2016, 07:47:24 PM
Quote from: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.

That's it keep racking up the posts, you will have caught hardstation in no time and then your life will be complete, you probably whacked one off overtaking ziggy.  :o

Can I help you with something?

Jesus  thats a broadside if I eve seen one, they're usually reserved for Fearon are they not

Anyway I want to know who built the bridge?

He seems to be really upset about some people posting on the internet. He shows this by posting himself on the internet.

Any theories Joe?
Title: Re: What did technology ever do for me?
Post by: omaghjoe on May 06, 2016, 04:51:29 AM
Quote from: muppet on May 05, 2016, 11:14:03 PM
Quote from: omaghjoe on May 05, 2016, 09:35:48 PM
Quote from: muppet on May 05, 2016, 08:07:25 PM
Quote from: No wides on May 05, 2016, 07:47:24 PM
Quote from: muppet on May 05, 2016, 02:43:27 PM
Quote from: No wides on May 05, 2016, 02:06:54 PM
Allowed you to post shite on a message board.

True.

You'd be still under a bridge though.

That's it keep racking up the posts, you will have caught hardstation in no time and then your life will be complete, you probably whacked one off overtaking ziggy.  :o

Can I help you with something?

Jesus  thats a broadside if I eve seen one, they're usually reserved for Fearon are they not

Anyway I want to know who built the bridge?

He seems to be really upset about some people posting on the internet. He shows this by posting himself on the internet.

Any theories Joe?

I've noticed that no ones safe but then no one cares

Anyway i think it was maybe the 3 billy goats gruff
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 06:16:48 AM
Quote from: Hound on May 05, 2016, 04:55:41 PM
Quote from: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....

Down with entreprenuers inventing stuff, creating employment and generating wealth!
Tax the f**kers so more people in the general population can be innovative.
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 06:18:44 AM
Quote from: muppet on May 05, 2016, 05:51:42 PM
Quote from: Hound on May 05, 2016, 04:55:41 PM
Quote from: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....

Down with entreprenuers inventing stuff, creating employment and generating wealth!

Apple, Facebook etc are modern success stories. Inherited mega-wealth is the real problem with the 1%.
Tech is just as bad, Muppet. Inherited wealth is less of a factor on the Forbes list than finance sector wealth
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 08:17:00 AM
Quote from: seafoid on May 06, 2016, 06:16:48 AM
Quote from: Hound on May 05, 2016, 04:55:41 PM
Quote from: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....

Down with entreprenuers inventing stuff, creating employment and generating wealth!
Tax the f**kers so more people in the general population can be innovative.

They are taxed.

You want to increase taxation on innovators to increase innovation?

I have no problem with increasing corporation tax if that is what you are talking about.
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 08:19:11 AM
Quote from: seafoid on May 06, 2016, 06:18:44 AM
Quote from: muppet on May 05, 2016, 05:51:42 PM
Quote from: Hound on May 05, 2016, 04:55:41 PM
Quote from: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....

Down with entreprenuers inventing stuff, creating employment and generating wealth!

Apple, Facebook etc are modern success stories. Inherited mega-wealth is the real problem with the 1%.
Tech is just as bad, Muppet. Inherited wealth is less of a factor on the Forbes list than finance sector wealth

Inherited wealth always has a nouveau riche beginning.
Title: Re: What did technology ever do for me?
Post by: gallsman on May 06, 2016, 08:51:09 AM
Fast access to HD porn.

I mean, uh, games and high resolution movies.
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 09:17:28 AM
Quote from: muppet on May 06, 2016, 08:17:00 AM
Quote from: seafoid on May 06, 2016, 06:16:48 AM
Quote from: Hound on May 05, 2016, 04:55:41 PM
Quote from: seafoid on May 05, 2016, 04:15:53 PM
Tech is monopoly capitalism. Amongst Yank billionaires are Mrs Apple, Mr Snap chat,  Mr Facebook.....

Down with entreprenuers inventing stuff, creating employment and generating wealth!
Tax the f**kers so more people in the general population can be innovative.

They are taxed.

You want to increase taxation on innovators to increase innovation?

I have no problem with increasing corporation tax if that is what you are talking about.
Taxed nowhere near enough. They own 42% of everything in the US.
Money is not getting to the rest of the US. The GOP losing its voters to Trump is the proof.
Business innovation is dead. Buybacks are far more interesting.



http://www.ft.com/cms/s/2/bea2c458-14fd-11e1-a2a6-00144feabdc0.html#

Towards the end of lunch, though, he becomes quite angry about present conditions. There's no way he would have made it to Oxford today, he says. "For a start, I was adopted. In the 1960s, the process took three months, now it can take three years. That's going to affect people differently. I might have been damaged by longer in care. And I wouldn't have gone anyway because of the debts. There's no way I would take that on. Thirdly, a whole generation of people are being made to feel that they shouldn't be studying the arts. They're being told that their degree has got to be cost-effective."
He especially regrets the disappearance of the old "support networks", such as the unemployment and housing benefits, that enabled artists to live cheaply and find their way. "It's all over. There'll come a point when somebody will suddenly realise – there's loads and loads of Coldplay but there isn't a Radiohead, there's loads and loads of ITV1 sitcoms, and things with Robert Lindsay in a house, but there isn't a League of Gentlemen. Someone will be reading an embossed novel about a missing artefact, and they will suddenly think, 'Didn't there use to be books that were not just a list of events?' " (Lee's well-known parody of a typical Dan Brown sentence goes: "The famous man looked at the red cup.") In 40 years, he reckons, people will be saying, "Where's all that stuff gone that was ... good?"

Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 09:18:07 AM
Tech is cool but it is still monopoly capitalism
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 09:33:35 AM
Quote from: seafoid on May 06, 2016, 09:18:07 AM
Tech is cool but it is still monopoly capitalism

I love one-liners, buzzwords and cliches as much as anyone else, but they don't lead anywhere.

What are you actually proposing and do you think there would be some unintended consequences?
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 09:53:33 AM
Quote from: muppet on May 06, 2016, 09:33:35 AM
Quote from: seafoid on May 06, 2016, 09:18:07 AM
Tech is cool but it is still monopoly capitalism

I love one-liners, buzzwords and cliches as much as anyone else, but they don't lead anywhere.

What are you actually proposing and do you think there would be some unintended consequences?
Change the economic system.
Monopoly capitalism means deflation. That is what we have right now.
It never works. It always crashes
The richest Yanks own 42% of everything and they want to get to at least 60%

Re unintended consequences the sky was gong to fall down if Ireland didn't bail out Anglo. There is always bullshit when the ultra wealthy are worried about the people.
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 11:40:02 AM
Quote from: seafoid on May 06, 2016, 09:53:33 AM
Quote from: muppet on May 06, 2016, 09:33:35 AM
Quote from: seafoid on May 06, 2016, 09:18:07 AM
Tech is cool but it is still monopoly capitalism

I love one-liners, buzzwords and cliches as much as anyone else, but they don't lead anywhere.

What are you actually proposing and do you think there would be some unintended consequences?
Change the economic system.
Monopoly capitalism means deflation. That is what we have right now.
It never works. It always crashes
The richest Yanks own 42% of everything and they want to get to at least 60%

Re unintended consequences the sky was gong to fall down if Ireland didn't bail out Anglo. There is always bullshit when the ultra wealthy are worried about the people.

How do you stop the richest (1%) from owning 42%?
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 11:44:17 AM
Quote from: muppet on May 06, 2016, 11:40:02 AM
Quote from: seafoid on May 06, 2016, 09:53:33 AM
Quote from: muppet on May 06, 2016, 09:33:35 AM
Quote from: seafoid on May 06, 2016, 09:18:07 AM
Tech is cool but it is still monopoly capitalism

I love one-liners, buzzwords and cliches as much as anyone else, but they don't lead anywhere.

What are you actually proposing and do you think there would be some unintended consequences?
Change the economic system.
Monopoly capitalism means deflation. That is what we have right now.
It never works. It always crashes
The richest Yanks own 42% of everything and they want to get to at least 60%

Re unintended consequences the sky was gong to fall down if Ireland didn't bail out Anglo. There is always bullshit when the ultra wealthy are worried about the people.

How do you stop the richest (1%) from owning 42%?
People have to get organised. Only way to do it.
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 11:45:02 AM
Quote from: seafoid on May 06, 2016, 11:44:17 AM
Quote from: muppet on May 06, 2016, 11:40:02 AM
Quote from: seafoid on May 06, 2016, 09:53:33 AM
Quote from: muppet on May 06, 2016, 09:33:35 AM
Quote from: seafoid on May 06, 2016, 09:18:07 AM
Tech is cool but it is still monopoly capitalism

I love one-liners, buzzwords and cliches as much as anyone else, but they don't lead anywhere.

What are you actually proposing and do you think there would be some unintended consequences?
Change the economic system.
Monopoly capitalism means deflation. That is what we have right now.
It never works. It always crashes
The richest Yanks own 42% of everything and they want to get to at least 60%

Re unintended consequences the sky was gong to fall down if Ireland didn't bail out Anglo. There is always bullshit when the ultra wealthy are worried about the people.

How do you stop the richest (1%) from owning 42%?
People have to get organised. Only way to do it.

And do what?
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 11:51:10 AM
Quote from: muppet on May 06, 2016, 11:45:02 AM
Quote from: seafoid on May 06, 2016, 11:44:17 AM
Quote from: muppet on May 06, 2016, 11:40:02 AM
Quote from: seafoid on May 06, 2016, 09:53:33 AM
Quote from: muppet on May 06, 2016, 09:33:35 AM
Quote from: seafoid on May 06, 2016, 09:18:07 AM
Tech is cool but it is still monopoly capitalism

I love one-liners, buzzwords and cliches as much as anyone else, but they don't lead anywhere.

What are you actually proposing and do you think there would be some unintended consequences?
Change the economic system.
Monopoly capitalism means deflation. That is what we have right now.
It never works. It always crashes
The richest Yanks own 42% of everything and they want to get to at least 60%

Re unintended consequences the sky was gong to fall down if Ireland didn't bail out Anglo. There is always bullshit when the ultra wealthy are worried about the people.

How do you stop the richest (1%) from owning 42%?
People have to get organised. Only way to do it.

And do what?
Vote for a government with the power to reform finance. Same as in the 1940s
http://www.nyebevan.org.uk/speeches/
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 12:16:45 PM
What financial reforms are you proposing?
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 12:31:54 PM
Quote from: muppet on May 06, 2016, 12:16:45 PM
What financial reforms are you proposing?
Tax debt
control money creation
Tax 1% wealth to fund climate change mitigation
Drop the neoliberal system which is BS

what would you do ?
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 12:41:38 PM
Quote from: seafoid on May 06, 2016, 12:31:54 PM
Quote from: muppet on May 06, 2016, 12:16:45 PM
What financial reforms are you proposing?
Tax debt
control money creation
Tax 1% wealth to fund climate change mitigation
Drop the neoliberal system which is BS

what would you do ?

Tax unearned wealth properly. Inheritances above a certain threshold (say the cost of a house in an average part of Dublin) should be taxed at 75%. Tax property price increases for all (and investment property at a higher rate) and income tax at a lower rate.

Reward work, innovation and industry, while penalising unearned income.
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.

Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 01:27:28 PM
Quote from: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.

Are you taxing Government debt, corporate debt or private debt, or all of them?
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 01:45:21 PM
Quote from: muppet on May 06, 2016, 01:27:28 PM
Quote from: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.

Are you taxing Government debt, corporate debt or private debt, or all of them?
All issued debt.
Cos debt is out of control and without a managed pruning a lot of it is going to be worthless.
It would be like a mini crash that makes the equity market safer.
Which we haven't had either BTW
Title: Re: What did technology ever do for me?
Post by: dec on May 06, 2016, 02:25:27 PM
Quote from: seafoid on May 06, 2016, 01:45:21 PM
Quote from: muppet on May 06, 2016, 01:27:28 PM
Quote from: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.

Are you taxing Government debt, corporate debt or private debt, or all of them?
All issued debt.
Cos debt is out of control and without a managed pruning a lot of it is going to be worthless.
It would be like a mini crash that makes the equity market safer.
Which we haven't had either BTW

So if I have an idea for a business and want to borrow money to get it up and running I need to pay interest to the lender and a tax on top of that?
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 02:26:50 PM
Quote from: dec on May 06, 2016, 02:25:27 PM
Quote from: seafoid on May 06, 2016, 01:45:21 PM
Quote from: muppet on May 06, 2016, 01:27:28 PM
Quote from: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.

Are you taxing Government debt, corporate debt or private debt, or all of them?
All issued debt.
Cos debt is out of control and without a managed pruning a lot of it is going to be worthless.
It would be like a mini crash that makes the equity market safer.
Which we haven't had either BTW

So if I have an idea for a business and want to borrow money to get it up and running I need to pay interest to the lender and a tax on top of that?
I'll set up a fund to look at individual cases, Dec.
The 1% own something like 60% of all debt
Title: Re: What did technology ever do for me?
Post by: dec on May 06, 2016, 02:32:07 PM
Quote from: seafoid on May 06, 2016, 02:26:50 PM
Quote from: dec on May 06, 2016, 02:25:27 PM
Quote from: seafoid on May 06, 2016, 01:45:21 PM
Quote from: muppet on May 06, 2016, 01:27:28 PM
Quote from: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.

Are you taxing Government debt, corporate debt or private debt, or all of them?
All issued debt.
Cos debt is out of control and without a managed pruning a lot of it is going to be worthless.
It would be like a mini crash that makes the equity market safer.
Which we haven't had either BTW

So if I have an idea for a business and want to borrow money to get it up and running I need to pay interest to the lender and a tax on top of that?
I'll set up a fund to look at individual cases, Dec.
The 1% own something like 60% of all debt

So will I need to pay tax on any money I borrow or not?
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 03:33:29 PM
Quote from: dec on May 06, 2016, 02:32:07 PM
Quote from: seafoid on May 06, 2016, 02:26:50 PM
Quote from: dec on May 06, 2016, 02:25:27 PM
Quote from: seafoid on May 06, 2016, 01:45:21 PM
Quote from: muppet on May 06, 2016, 01:27:28 PM
Quote from: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.

Are you taxing Government debt, corporate debt or private debt, or all of them?
All issued debt.
Cos debt is out of control and without a managed pruning a lot of it is going to be worthless.
It would be like a mini crash that makes the equity market safer.
Which we haven't had either BTW

So if I have an idea for a business and want to borrow money to get it up and running I need to pay interest to the lender and a tax on top of that?
I'll set up a fund to look at individual cases, Dec.
The 1% own something like 60% of all debt

So will I need to pay tax on any money I borrow or not?

Considering that up to now you would get tax relief on any business loan, it would be double taxation by comparison.
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 05:39:02 PM
Can't embed a video here, but this is cool:

http://www.fastcodesign.com/3036441/how-desks-have-evolved-over-the-past-35-years (http://www.fastcodesign.com/3036441/how-desks-have-evolved-over-the-past-35-years)
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 05:54:40 PM
Quote from: muppet on May 06, 2016, 03:33:29 PM
Quote from: dec on May 06, 2016, 02:32:07 PM
Quote from: seafoid on May 06, 2016, 02:26:50 PM
Quote from: dec on May 06, 2016, 02:25:27 PM
Quote from: seafoid on May 06, 2016, 01:45:21 PM
Quote from: muppet on May 06, 2016, 01:27:28 PM
Quote from: seafoid on May 06, 2016, 01:19:27 PM
Quote from: muppet on May 06, 2016, 01:02:00 PM
"Tax debt"

How would this work? Considering almost all debt comes with interest.
Just tax debt issuance. Easy enough.
there is too much of the stuff. Or tax debt in issuance.
Debt is going to have to be restructured anyway.

We have to start looking at alternatives. Cost of say a 20% tax on debt  versus ZIRP and deflation for the next 10 years. 
ZIRP cost versus say 4% interest rates if debt is cut to a reasonable level.

Are you taxing Government debt, corporate debt or private debt, or all of them?
All issued debt.
Cos debt is out of control and without a managed pruning a lot of it is going to be worthless.
It would be like a mini crash that makes the equity market safer.
Which we haven't had either BTW

So if I have an idea for a business and want to borrow money to get it up and running I need to pay interest to the lender and a tax on top of that?
I'll set up a fund to look at individual cases, Dec.
The 1% own something like 60% of all debt

So will I need to pay tax on any money I borrow or not?

Considering that up to now you would get tax relief on any business loan, it would be double taxation by comparison.
Debt owners would be taxed. That would mean banks. You could have an opt out for non speculative real economy.
Speculative debt is the real problem.
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 05:57:43 PM
Debt owners (Banks) would pass on the charge, otherwise they would all be out of business. Is that the objective of a debt tax?
Title: Re: What did technology ever do for me?
Post by: seafoid on May 06, 2016, 07:22:21 PM
Quote from: muppet on May 06, 2016, 05:57:43 PM
Debt owners (Banks) would pass on the charge, otherwise they would all be out of business. Is that the objective of a debt tax?
It would stop them issuing new stuff Muppet.
That is what is driving down interest rates 
Title: Re: What did technology ever do for me?
Post by: Milltown Row2 on May 06, 2016, 07:48:15 PM
Is this a new thread??
Title: Re: What did technology ever do for me?
Post by: muppet on May 06, 2016, 08:17:55 PM
Quote from: seafoid on May 06, 2016, 07:22:21 PM
Quote from: muppet on May 06, 2016, 05:57:43 PM
Debt owners (Banks) would pass on the charge, otherwise they would all be out of business. Is that the objective of a debt tax?
It would stop them issuing new stuff Muppet.
That is what is driving down interest rates

You want to stop the banks lending completely?
Title: Re: What did technology ever do for me?
Post by: omaghjoe on May 06, 2016, 08:25:36 PM
Quote from: Milltown Row2 on May 06, 2016, 07:48:15 PM
Is this a new thread??

I dunno how they managed this....again...! But seafoid with is doctrine and Muppet with his straw men make a perfect fish bowl!