Tag Archives: stupid

Elizabeth Warren Thinks Voters Are Stupid

Elizabeth Warren Thinks Voters Are StupidThe bad news is, Elizabeth Warren has some barmy ideas about raising your taxes. The good news is, she’s a proven coward. She says she likes to “nerd out” on the policy details. Okay, let’s do that.Warren estimates that her health-care scheme would cost about $ 2 trillion — every year, forever. As often is the case when we are talking about the federal budget, the numbers sound incomprehensible to many people: millions, billions, trillions, squidillions, whatever. To put that $ 2 trillion a year into perspective, a comparison: That is more money than the federal government collects annually in all of the personal and corporate income taxes combined. Put another way, even if the federal government were able to successfully double the revenue it gets from personal and corporate income taxes, the additional revenue would not pay for Warren’s health-care plan.In fiscal year 2019, all federal tax revenue from all sources combined amounted to $ 3.4 trillion. If a Warren administration and a Democratic Congress were successful in raising Americans’ taxes by 50 percent, the extra revenue still wouldn't be enough to fund Warren’s health-care program.And that does not take into account the rest of the fiscal scene, which is pretty grim. While Warren talks about Medicare for All, as it is the unfunded liability of Medicare over the next 75 years already tops $ 42 trillion, or just over twelve years’ worth of total federal tax revenue. Put another way: If the federal government continued collecting taxes at the current rate, stopped spending even a nickel on anything else, and put all of that money into Medicare, it would have to do so for twelve years just in order to cover the difference between what Medicare already has promised to pay out and what dedicated Medicare taxes will actually fund.And never mind, for the moment, that there are lots of things Warren and the other Democrats want to spend money on besides expanding Medicare: trillions of dollars in subsidies for college students and student-loan forgiveness, alternative-energy subsidies, etc. Warren proposes the better part of another trillion dollars a year in new spending on top of the $ 2 trillion a year for expanding Medicare.To pay for that, she would have to raise federal tax revenue by around 80 percent — and that still would do nothing about the trillion-dollar deficits we already have or the unfunded liabilities of Social Security and other entitlement programs that already are piling up even faster than the official national debt.Writing at Slate, Jordan Weissmann describes Warren’s plan to pay for her health-care proposal as “not entirely realistic.” Indeed. And it is worth keeping in mind that all of the above relies on Warren’s own estimates of the cost of her program. Other analysts have put the number much higher — about 50 percent higher, in fact. If those estimates are closer to the truth, then paying for all this means doubling or more than doubling federal tax revenue.And here it is worth reminding ourselves that tax rates and tax revenue are not the same thing. Progressives like to point out that during the Eisenhower years, the top tax rate was radically higher than it is today. And that is true. But tax revenue today is about what it was then: From 1950 to 1960, federal tax receipts averaged 15.9 percent of GDP, whereas in 2018 they were just a tad higher than that, at 16.2 percent of GDP. So don’t let anybody sell you the story that we could pay for all this with the tax rates of the 1950s or 1960s.And don’t let Elizabeth Warren sell you her story, either.The last time Democrats had a big idea about reorganizing U.S. health care — the grievously misnamed Affordable Care Act — they proposed to pay for part of it with a piddly little tax on manufactures of medical devices and the so-called Cadillac tax on expensive health-care plans. The Cadillac tax never has been implemented, because it annoys government workers, labor unions, and other important Democratic constituencies that have gold-plated health-care plans — paid for by somebody else, usually, often taxpayers. The medical-device tax was suspended, too. Does anybody remember who led the charge to repeal it? None other than Senator Elizabeth Warren. In theory, Senator Warren represents Massachusetts; in reality, she represents Boston and its wealthy suburbs, which are home to a number of medical-device companies.A politician who cannot stand up to a relatively minor special-interest demand back home — while serving as an elected Democrat in one of the most reliably Democratic states in the country — is not going to oversee the doubling of the federal tax burden in pursuit of a new welfare program that also would strip most Americans of the private insurance they already have and mostly want to keep. It’s not going to happen.It’s a fairy tale — or, properly understood, a lie.As the aforementioned Jordan Weissmann writes, the point of Warren’s nonsense story about how she’ll pay for her Medicare expansion is to “deflect unpleasant questions from debate moderators and journalists.” It does not have anything to do with the actual facts of the case — only with the contours of the fiction that is the Warren presidential campaign. One more piece of evidence that political partisans enjoy being lied to, if they are skillfully lied to.Give me the power now — we’ll work out the details later.There is only one reason that Elizabeth Warren would proceed in this manner: She thinks her voters are stupid.There isn’t any obvious reason to think she’s wrong about that.



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The NCAA Is Requiring NBA Agents to Have Degrees. That’s Stupid.

The NCAA Is Requiring NBA Agents to Have Degrees. That’s Stupid.The NCAA released a memo to agents on Monday instituting new certification criteria — and one of them was a bachelor’s degree.The memo, obtained by ESPN, also requires agents to have professional liability insurance and NBPA certification for a minimum of three consecutive years and to have completed an in-person exam at the NCAA office in Indianapolis in early November.According to ESPN, some people have begun referring to the college requirement as the “Rich Paul Rule” after Rich Paul, who represents NBA stars including LeBron James, Ben Davis, and Anthony Simmons. Paul started working with James shortly after high school and never graduated from college. The new rule would mean that Paul couldn’t represent any of the new underclassmen trying to enter the draft.The measure has proven to be controversial, but the NCAA released a statement defending it on Wednesday.“Although some can and have been successful without a college degree, as a higher education organization, the NCAA values a college education and continues to emphasize the importance of earning a degree,” it states. “We were guided by recommendations from the Commission on College Basketball — which spoke with the agent and advisor community — that the NCAA certification process should be more stringent than current processes.”Sorry — but this is so, so stupid. In fact, the very reason why agents should not be required to have a degree can be found in the NCAA’s own argument that they should: “some can and have been successful without a college degree.” If it is literally proven that people do not need a degree to do this career, and to do it successfully (and I’d certainly say being LeBron James’s agent would qualify as “successfully”), then making them get one anyway makes about as much sense as also making them get a cosmetology license.The new rule is an especially awful idea considering the current student-debt crisis. As of 2018, almost 45 million Americans collectively owe $ 1.56 trillion in student-loan debt. To put things in perspective, $ 1.56 trillion is about $ 521 billion more than all of the credit-card debt in the entire country. That’s no joke!It really is a huge issue, seeing as this debt certainly impacts the lives of the young people who are dealing with it. For example, a recent Clever Real Estate study found that 48 percent of young adults polled said that they will put off buying a home because of their student-loan debt. What’s more, a recent TD Bank study found even more impacts: 21 percent of respondents said they are delaying marriage because of their debt, and 26 percent said they’re delaying having kids because of it. That same survey also found that the debt also impacts many Americans’ daily lives, with 54 percent saying that they have “maxed out credit lines” because of their debt, 20 percent saying they can’t join a gym because of their debt, and 60 percent saying that they don’t take vacations because of their debt.Given all this, I just have to ask: Why on earth is the NCAA adding yet another career to the list of those that require a college education? Sure, it says that it is doing so because it values education — and, although education is valuable, it is absolutely not worth saddling yourself with extreme, life-limiting debt, especially for the sake of a career where it isn’t even necessary. If someone wants to make a career as an agent without going to college, and sees a path forward to do so, then he or she should absolutely be free to do that. Part of the reason that our country’s young people are suffering with this epidemic of debt, after all, is the commonly held but misguided notion that you need a college degree in order to be successful, and that therefore, no price is too high to pay to get one. If we want to avoid making this problem worse, we should fight against that idea — and certainly not codify it in a list of requirements for a career that has proven to be possible, even lucrative, without a degree.



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Trump news – live: President calls CNN anchor of colour ‘stupid’ for bringing up racist tweets ahead of second Democratic debates

Trump news - live: President calls CNN anchor of colour ‘stupid’ for bringing up racist tweets ahead of second Democratic debatesDonald Trump is attacking a CNN anchor of colour for bringing up tweets the president launched against minority politicians and civil rights leader that were largely viewed as racist.He referred to journalist Don Lemon as “the dumbest man on television” for discussing the tweets at Tuesday night’s Democratic debates, adding, “I am ‘the least racist person in the world,’ appearing to quote his own previous claims.The president found himself under siege in the latest round of Democratic 2020 primary debates on Tuesday evening, with Pete Buttigieg accusing him of pretending to be disabled to avoid service in the Vietnam War and Elizabeth Warren saying he “disgraces the office of president every single day”. In further bad news for the president, California governor Gavin Newsom has signed a new bill into law that would make it mandatory for every presidential candidate to release five years of their tax returns or face being left off ballot papers in the state in November next year.Please allow a moment for our liveblog to load



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Michael Cohen says Trump had no medical excuse to avoid military draft: ‘You think I’m stupid? I wasn’t going to Vietnam’

Michael Cohen says Trump had no medical excuse to avoid military draft: ‘You think I’m stupid? I wasn’t going to Vietnam’Michael Cohen released his prepared remarks before a public testimony on Capitol Hill in which he was due to detail Donald Trump’s alleged lies, corruption and criminal conduct throughout the 2016 presidential election. Among those explosive claims — Cohen will say Mr Trump “was a presidential candidate who knew that Roger Stone was talking with Julian Assange about a WikiLeaks drop of Democratic National Committee emails” — include the president telling his former attorney there was no real medical excuse behind his military deferral during the Vietnam War.



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Anthony Scaramucci's Dance Summary Of 11 Days Under Trump Is As Stupid As It Sounds

Anthony Scaramucci's Dance Summary Of 11 Days Under Trump Is As Stupid As It SoundsWarning: The above video of Anthony Scaramucci "interpreting" his 11-day stint



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Democrats 2018: It's the health care, stupid

Democrats 2018: It's the health care, stupidRather than Robert Mueller’s investigation and the latest tweets from President Trump, voter interest and campaign advertising are mostly focused on health care, polls show.



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Cruise ship survivor plucked out of sea 'a stupid woman' says mother of liner's boss

Cruise ship survivor plucked out of sea 'a stupid woman' says mother of liner's bossA passenger who survived ten hours in the sea is a “stupid woman” who must have jumped off the ship, the mother of the cruise line’s president has told the Telegraph. Kay Longstaff, 46, an air hostess, was accused of causing massive disruption to fellow passengers while costing Norwegian Cruise Line (NCL) hundreds of thousands of pounds in compensation. Allegations surfaced on Monday suggesting Miss Longstaff had been arguing with her boyfriend in the hours before she plunged into the Adriatic Sea from the seventh deck of the liner about 75 ft above the water. Fellow passengers expressed anger towards Miss Longstaff and Norwegian Cruise Line for the chaos and disruption her actions had caused. Many also suggested there was no way she could have accidentally fallen from the ship, insisting that the security barriers were simply too too high to topple over. The 83-year-old mother of Andy Stuart, the cruise company’s president and chief executive, said her son had been dismayed by continuing reports that Miss Longstaff’s “fell” off the back of the Norwegian Star. Kay Longstaff being rescued Mr Stuart telephoned his mother at her home in England from his office in Miami, Florida, to complain about Miss Longstaff’s version of events, calling it ‘fake news’. Miss Longstaff, who moved from Cheltenham, Gloucs, to Spain in 2016, had told a Croatian television news channel after being rescued: “I fell off the back of the Norwegian Star and I was in the water for ten hours… I was sitting at the back of the deck.” Where Kay Longstaff went overboard Mr Stuart's mother contacted the Daily Telegraph to protest that her son’s company was being wrongly blamed for the incident. His mother said: “She didn’t fall off. She jumped. This has cost Norwegian Cruise Line $ 600,000. This stupid woman. “I spoke to Andrew at  lunchtime. He phones me almost every day. What he said was ‘this is fake news’. He said that she couldn’t have fallen. You would have to take steps to climb over the railings. He said she jumped in the water.” Norwegian Star His mother went on: “He [Andrew] doesn’t get upset. But he is annoyed that it has been implied that NCL was at fault. He said NCL went to a lot of trouble. They delayed the progress of the ship and sent for the coastguard. If you think of the cost of the ship being delayed, passengers missing their connections, passengers waiting to embark. That has all amounted to more than $ 600,000. When you get criticism, it is highly unfair.” Mr Stuart, 55, took up his role in 2015 and had been with NCL for 27 years. He earns a reported £1m a year in salary.   Kay Longstaff falls overboard – Timeline of events According to reports, Miss Longstaff had been caught up in a row with her partner aboard the ship. He was asleep in their cabin when Miss Longstaff fell overboard at 11.45pm on Saturday night. It is understood that CCTV footage captured the incident and has established that no third party was involved. Daniel Punch, who works on the Norwegian Star in promotions, posted on Facebook according to reports: “She didn’t fall, she jumped. It was on my ship. I spoke [to her] throughout the whole week. She was arguing with her fella the whole time.” Miss Longstaff was found by Croatian coastguard at 9.45am on Sunday and taken to hospital for treatment in the Croatian resort of Pula. She said her yoga fitness and singing helped her to survive. Andy Stuart As she was released from hospital yesterday into the care of her partner, Italian sources suggested she had argued with her partner before he went back to his cabin and left her on the deck. "The footage has been viewed and you can clearly see she was there on her own when she fell,” a source told SunOnline. “She was not pushed. The theory we are working on is that she most likely jumped.” Kay Longstaff with Craig Rayment Irena Hrstic, director of Pula’s City Hospital, said Ms Longstaff had refused to release a statement because she “can’t understand why there is so much interest for her”. David Radas, spokesman for Croatian Ministry of Maritime Affairs, said its investigation was continuing. On Sunday night, Mr Radas said that CCTV images had “left a suspicion whether it was a jump or a falling off”. Miss Longstaff has posted photographs of herself on the Costa del Sol in Spain with Craig Rayment, an electrician, who she was dating as recently as June 15. It is not clear if Mr Rayment was on the cruise with her and he declined to comment yesterday. “I’m not interested in talking,” he said. Miss Longstaff’s father Ron Longstaff, 76, a retired chief superintendent with West Midlands Police, said he had no idea how his daughter had ended up in the sea. “She was certainly lucky. I am trying to work out what happened,” said Mr Longstaff. Miss Longstaff after her rescue Bethany Joyce, 21, from Long Island, who was on board with her parents, said her mother planned to claim compensation as they had been forced to spend an extra two nights in Venice before the next available flight home. She told the Telegraph: “The cruise line was very unhelpful with helping us rebook travel plans. The only thing they gave us was 15 minutes of free WiFi to try and rebook travel arrangements. “Disembarkation was also a mess. We had to sit around for hours just waiting for vague instructions.” Passengers said they arrived in Venice at around 2.30pm on Sunday but did not disembark until 5.30pm. Miss Longstaff Scott Bailey, a businessman from Derby, wrote on Twitter: “Just upsets me that she is there smiling away and loving the publicity saying she ‘fell’. “The only way you could get off the ship is by climbing over the protective barriers and then jumping. Someone we spoke to said they had seen her crying earlier on.” Another passenger, who called himself Eddiepal, also complained that he had missed his flights home to Boston meaning his holiday had a “rotten ending”. Responding to suggestions that Miss Longstaff had somehow slipped into the water, he said “Next to impossible…take it from someone on board….” He accused the cruise line of mistreating passengers and leaving them stranded in Venice for several hours. NCL did not respond to requests for comment on passengers' complaints. Mr Stuart declined to comment on the contents of the call with his mother or the incident while an investigation remained ongoing. A former passenger wrote online: “I was on the Star recently and spent quite a long time on that Deck 7 Aft area.. and if this lady departed the ship there it was definitely not an accidental fall. There are no chairs and the side rails are much more than waist high.” Miss Longstaff is thought to have worked for British Airways for some years before working as a flight attendant with a private jet company. She quit the UK to live in Spain in June 2016 posting a photograph on social media, captioned: “My new life.”



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Oxford University a 'school for stupid people', says Philippines president Rodrigo Duterte

Oxford University a 'school for stupid people', says Philippines president Rodrigo DuterteThe Philippines’ fiery President Rodrigo Duterte has lashed out at Oxford University as a “school for stupid people” after it published a study claiming he had paid for a cyber army to increase his popularity on social media. The study, “Troops, Trolls and Troublemakers: A Global Inventory of Organised Social Media Manipulation”, looked at the strategies used by political parties and candidates in 28 different countries to spread their party messaging and inflate social media engagement numbers. It claims that Duterte’s camp paid $ 200,000 (£150,000) in 2016, the year he was elected, for a social media campaign that used citizens and groups to promote and defend him online. Graduates pose for a photograph outside the Sheldonian Theatre after a graduation ceremony at Oxford University Credit: Reuters Duterte has admitted to paying people to defend him on social media but said this only happened during the campaign season, strongly denying it continued after he was elected. “Now I do not need it. I do not need to defend myself against attacks. I stated my piece during my inauguration and my campaign,” he said, according to local news outlet, Rappler. “Oxford University? That’s a school for stupid people.” Duterte, a former mayor from the southern city of Davao, won the 2016 election with a populist message that targeted drug trafficking. Philippine President Rodrigo Duterte delivers his State of the Nation Address earlier this week  Credit: Barcroft Images His subsequent support of extra-judicial killings of suspected drug dealers and users has since been strongly criticised by human rights groups. The report documents how cyber troops have been used to silence political dissent online and on how trolling can lead to real-life threats and reputational damage. In the Philippines it asserts that “many of the so-called “keyboard trolls” hired to spread propaganda for presidential candidate Duterte during the election continue to spread and amplify messages in support of his policies now he’s in power." In quotes | Rodrigo Duterte, President of the Philippines  



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