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You are here: Home / I’m an idiot.

I’m an idiot.

by John Cole|  November 22, 20095:02 pm| 32 Comments

This post is in: Assholes

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Nevermind. Should have checked the dates. That was last year.

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Next Post: Will the circle be unbroken? »

Reader Interactions

32Comments

  1. 1.

    Skepticat

    November 22, 2009 at 5:04 pm

    One? As in 1?

  2. 2.

    Kennedy

    November 22, 2009 at 5:10 pm

    Working as intended. They’re supposed to receive tax dollars, not actually paythem.

    34% is still punitively high. It clearly inhibits Goldman’s profits and ability to compete globally. What we really need to stimulate the global economy is a corporate tax cut and more deregulation.

    In other news, I just saw the first “Buy your spouse a fucking Mercedes/other luxury car” moronic commercial of the pre-emptive holiday season. God help us.

  3. 3.

    Nick

    November 22, 2009 at 5:10 pm

    Back when the highest tax bracets were at like 80%, this is how the rich got around their taxes.

  4. 4.

    licensed to kill time

    November 22, 2009 at 5:11 pm

    __

    The rate decline looks “a little extreme,”

    Uh, yeah!

    How do we get rate declines like this? Srsly, from 34.1 percent to ONE percent?

  5. 5.

    Immoral Majority

    November 22, 2009 at 5:12 pm

    Onward Christian soldiers marching as to war with
    cross of Jesus marching on before…wait. Jesus was
    that turn the other cheek guy. Didn’t he say “As you
    do unto the least of these….never mind. In Gold we
    Trust. That’s the country club motto now.

  6. 6.

    Kennedy

    November 22, 2009 at 5:14 pm

    Christ, I initially read this as it dropped by 1 percent, to 34.1 percent. I guess I should know better.

  7. 7.

    dmsilev

    November 22, 2009 at 5:15 pm

    So, they’re no longer a US company then? Fine, let them beg for bailout money from the Cayman Islands or whatever.

    And might I suggest an import tariff on all exotic financial instruments?

    -dms

  8. 8.

    Chuck Butcher

    November 22, 2009 at 5:16 pm

    I wrote a a little thing today on a bit different aspect of fed income taxes.

  9. 9.

    jwb

    November 22, 2009 at 5:18 pm

    @Kennedy: Ah, but you forgot to add that in order for our government to afford the Goldman Sachs tax payout we really need to cut government spending and raise taxes on families making less than $50,000. I say it’s only fair that the less well off pay those bonuses that ensures that the Goldman Sachs traders don’t go Galt on us.

  10. 10.

    licensed to kill time

    November 22, 2009 at 5:21 pm

    Oops! Never mind. Hey, I read it too and didn’t see a date. Just looked again and it says Dec.16, which should have been a clue….

  11. 11.

    Napoleon

    November 22, 2009 at 5:28 pm

    Keep in mind that one of the reasons the financial industry has been advancing for why Congress should not increase regulation on the finance industry is that if you do they will pick up and go somewhere with less regulation, like London.

  12. 12.

    jeffreyw

    November 22, 2009 at 5:32 pm

    Neither the post nor any of the comments make any sense at all to me, I feel as if I’ve missed something.

  13. 13.

    jeffreyw

    November 22, 2009 at 5:34 pm

    Have you taken down a post?

  14. 14.

    licensed to kill time

    November 22, 2009 at 5:36 pm

    @jeffreyw: That’s because John magically disappeared the article he originally posted when he realized it was out of date, which didn’t stop any of us from jumping on the spitting on Goldman Sachs bandwagon, ptah!

  15. 15.

    Napoleon

    November 22, 2009 at 5:41 pm

    Consistently wrong since 2002.

    ;)

  16. 16.

    geg6

    November 22, 2009 at 5:43 pm

    Well, John, take comfort that you are not nearly as big an idiot as Chuck Todd. Or, as Harry Reid pointed out, David Broder. Or as Fallows pointed out in conjunction with his oh so polite takedown of Chuckles, Chris Matthews. So, basically, you’re not as idiotic as the average Village Idiot. There. Feel better?

  17. 17.

    Trollhattan

    November 22, 2009 at 5:46 pm

    Not an idiot, but sadly human ;-)

    But speaking of idiots, this blogging of reading Caribou Barbie’s tome is a thorough and proper shellacing.

    http://www.theawl.com/2009/11/reading-sarah-palin-live-with-rudolph-delson#more-19225

  18. 18.

    Demo Woman

    November 22, 2009 at 5:52 pm

    Take comfort John, most of us have no idea what you are talking about.

  19. 19.

    harlana pepper

    November 22, 2009 at 5:55 pm

    I join to spit on Goldman Sachs, as well. And Geithner just needs to go, stat, that worthless sack of shit.

  20. 20.

    jeffreyw

    November 22, 2009 at 6:01 pm

    @licensed to kill time: Time for a blogger ethics panel?

  21. 21.

    jeffreyw

    November 22, 2009 at 6:04 pm

    Damn, strange days. I post pic after pic of food pr0n, and what gets the most views? Jack gettin a bath in the sink. LOL

  22. 22.

    shoutingattherain

    November 22, 2009 at 6:14 pm

    @John:

    I’m an idiot

    Nah. You’re just a Stiller fan. Don’t be so hard on yourself.

    Could be worse. You could be a Seahawk fan.

    Here ya go. Read this. It ought to pep ya up sum:

    http://www.vetvoice.com/showDiary.do?diaryId=3397

    In this grotesque carnival, the US military’s contractors are forced to pay suspected insurgents to protect American supply routes. It is an accepted fact of the military logistics operation in Afghanistan that the US government funds the very forces American troops are fighting. And it is a deadly irony, because these funds add up to a huge amount of money for the Taliban. “It’s a big part of their income,” one of the top Afghan government security officials told The Nation in an interview. In fact, US military officials in Kabul estimate that a minimum of 10 percent of the Pentagon’s logistics contracts–hundreds of millions of dollars–consists of payments to insurgents.

    Foam fingers, baby!

  23. 23.

    Warren Terra

    November 22, 2009 at 6:22 pm

    Could you put back the post with strikethrough or something? I hate this sort of “guess what I was wrong about” post.

  24. 24.

    Martin

    November 22, 2009 at 6:29 pm

    @Napoleon:

    Yeah, it’s important to back that up now and then.

  25. 25.

    Notorious P.A.T.

    November 22, 2009 at 6:42 pm

    Time to do my Matt Taibbi impersonation: How assholish are the heads of Goldman Sachs? Even their stockholders are getting cheesed at them.

    Goldman Holders Miffed at Bonuses

    Some of the largest shareholders in Goldman Sachs Group Inc. have urged the Wall Street firm to reduce the size of its bonus pool, arguing that it should pass along more of its blockbuster earnings to investors, according to people familiar with the situation.

  26. 26.

    2th&nayle

    November 22, 2009 at 7:03 pm

    @shoutingattherain: Does this remind anyone else of a Milo Minderbinder operation?

  27. 27.

    Of Bugs and Books

    November 22, 2009 at 7:05 pm

    @shoutingattherain:
    Thanks, you just turned whatever-John’s-mistake-was into a worthwhile post for me.

  28. 28.

    shoutingattherain

    November 22, 2009 at 7:11 pm

    @2th&nayle:

    It really is hard to believe. We are paying the Taliban to not shoot at our supply trucks, and they’re taking the $ to buy arms to shoot at us someplace else. We are funding our own opposition. How does this make any sense?

  29. 29.

    2th&nayle

    November 22, 2009 at 7:43 pm

    @shoutingattherain: Well, the making of ‘sense’ in these kind of matters can be so elusory. Maybe better to ask who is profiting?

  30. 30.

    Anne Laurie

    November 22, 2009 at 7:52 pm

    @shoutingattherain:

    We are funding our own opposition. How does this make any sense?

    It is VERY good news for John McCain Xe, ex Blackwater. And who’s more important to the average redstate Congresscritter, some poor American mopes getting shot up, or the smooth flowing of tax dollars from those mopes’ fellow sufferers to the military-industrial megacorps that pay for said Congresscritter’s nice lifestyle?

  31. 31.

    2th&nayle

    November 22, 2009 at 8:50 pm

    @Anne Laurie: Ahh, THAT’s what I’m talkin’ bout! Well said.

  32. 32.

    Delia

    November 22, 2009 at 9:07 pm

    @shoutingattherain:

    We are paying the Taliban to not shoot at our supply trucks, and they’re taking the $ to buy arms to shoot at us someplace else. We are funding our own opposition. How does this make any sense?

    There’s a line from a song on George Harrison’s last album:

    “If you don’t know where you’re going, any road will take you there.”

    I think that sums up the situation quite nicely.

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