Viewing profile — emkemp

"Roth IRAs are as good a retirement vehicle as you can have." Except that contributions are after-tax, and have a lower cap than 401(k) accounts. So there is a tradeoff.

Counterpoint: Oracle Corporation.

True, but in American law at least, some crimes like murder don't have a statute of limitations.

I should add, on the same page, there is an excerpt of an interview with his sister Lynn who set Dennis up with a friend for her junior prom. So he at least dated. More broadly: "A…

He reportedly was never in a relationship. This comes from unidentified members of the Ritchie family who set up a web site focussed mostly on his unpublished PhD thesis. The site …

I think labeling it a "show trial" goes too far. Three of the original defendants (Fritzsche, von Papen, and Schacht) were acquitted; and Doenitz was spared the death penalty for h…

Note for the casual hockey fan: The NHL overtime system is different in the playoffs, since the playoffs requires clear winners and losers. (Game 1 of the 2023 Eastern Conference F…

That headline doesn't read well. Maybe "IRS can sometimes get taxpayer's financial info from third parties without notifying taxpayer." The "sometimes" is important. The law normal…

"We could start the cutting with the Defense budget, but I won't hold my breath." Given events over the last ~15 months in Ukraine, I think this is a bad time for defense cuts.

Or when Britain "invaded" Spain. https://www.cnn.com/2002/WORLD/europe/02/18/britain.marines/...

"(fact) America is a single market with a single language with basically a single set of regulations." I'm probably being pedantic, but: the "single set of regulations" really is a…

SVB's haircut was from LONG TERM bonds. Not T-Bills.

This is good for bitcoin. /s

"The FED does not loan money." This is quite wrong. https://www.federalreserve.gov/monetarypolicy/discountrate.h... https://www.federalreserve.gov/monetarypolicy/standing-overn... …

The trading desk is not for investing by the Fed. That's for influencing interest rates based on inflation/deflation concerns and overall employment. Investors buy or sell securiti…

"You realize if Harambe had lived, he would have killed himself." --Trevor Noah, re: 2016.

DON"T GIVE THEM IDEAS.

NitPick: The Deposit Insurance Fund invests in Treasury securities, so technically there is a little taxpayer money from interest payments. But the contributions to the Fund are al…

Nitpick: The Fed isn't selling bonds. Maybe they meant the Treasury?

Re Kilts, I'm reminded of that scene in _Braveheart_ where the Scots start flashing and mooning the English before a battle starts.

"Those responsible for sacking the people who have just been sacked, have been sacked."