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  • Jorg Aadahl 1:39 pm on October 20, 2016 Permalink | Reply  

    Trumpy, – genius, or crook? 

    Republican presidential hopeless Donald Trump is quick to call himself “brilliant”.
    However, it doesn’t require a “genius” to find and interpret IRS publication 536, which simply states that if your deductions for the year are more than your income for the year, you may have a net operating loss (NOL). An NOL year is the year in which an NOL occurs.
    You can use an NOL by deducting it from your income in another year or years. That’s what Trump did, – all he needed was a tax accountant with some basic understanding of the tax code, – perhaps that’s all he needs to feel like a “genius”.

    However, one of the big mysteries about Trump’s 1995 tax returns is how he managed to run up such an insane tax loss ($916 million), when so many of the losses related to his business implosion of the early 1990s ended up being borne not by himself, but by banks and other creditors that forgave Trump’s debts or otherwise didn’t get paid back. In other words, did he himself really lose some $916 millions, or did someone else incur the losses, or are they simply paper losses? That’s the question that IRS investigators really ought to look into.
    In my humble opinion, when past losses are used to offset future taxable income, the dollars must be of the same kind, – real, and relating to the same person or business entity, and not imaginary, fake or carried by others.
    Could that be the reason why Trumpy is so afraid of showing his tax returns?

     
  • Jorg Aadahl 10:49 am on September 15, 2015 Permalink | Reply  

    Ridiculous lotto scam 

    Several of the more infamous right-wing Internet web sites have for some time been advertising a “system” that claims to increase the odds of winning lotteries, despite the fact that lotteries are random, and must be in order to be legal.
    There is nothing, no strategy, no system, no algorithm or praying for divine intervention that can change the probability of winning. For the California SuperLotto Plus, for example, with 5 picks of 47 numbers, and one Mega out of 27, the odds of hitting all 6 are 41,416,353 to one. Past number combinations have no bearing on future ones, and the probability that a winning number combination will be repeated in the next drawing, is exactly the same as any other of the 41 some million possible combinations,- next to nil.
    This crook with the “secret algorithm” even claims to be a mathematician, who has worked out a way to increase the odds in your favor by “analyzing” past winners. He even “predicts” that his “system” could bankrupt the entire lotto industry! Any mathematician would know that there is absolutely no way to change the odds, and past winners have no impact on future number combinations. Each combination has exactly the same probability of showing up through the ball machine that spits out the winning balls. Those balls have no memory of past winning combinations, nor can they be influenced by higher powers. So, if this crook really is a mathematician, which I doubt, then he is worse than a crook and should be charged with numerical malpractice. At any rate, he should be forced to return the couple of hundred dollars he is charging, – if indeed anyone has been dumb enough to fall for such a scam.
    It is kind of funny that this scam seems to be promoted only through right-wing web sites. Does that mean that a scheme like this appeals to the same people who believe that they can increase their odds to become rich by voting Republican? And how has that worked out for them, – to paraphrase Dr. Phil?

    I thought that such an obvious scam would disappear by itself after a while as soon as they ran out of gullible people. But not so, the same story keeps reappearing in several of the same sites, so it must be a lucrative business. Not that I in my wildest fantasy would think that anyone among my esteemed blog followers could possibly fall for anything like that, – but just in case: absolutely nothing to it!
    There is no connection between pre-selected numbers, and the numbered balls that fall out of the machine! None!

     
  • Jorg Aadahl 1:03 pm on July 22, 2015 Permalink | Reply  

    TRUMPING ALONG — 

    It should be beneath Donald Trump’s infamous dignity to compete with a clown gallery of incompetent Republican presidential hopeless.
    Why not shoot for something more in line with his own ego, something far bigger and more monumental, – yet subtle?
    With all the money he claims to have, he could easily buy Greece and build a huge wall around it to keep riff-raff out and money in, – whatever is left. He could then also claim ownership of the entire Greek alphabet, from alpha to omega, including pi and everything round that letter stands for. Thus, he wouldn’t have to endure the indignity of settling just for a piece of it, – he would own the whole pi!
    He would also be entitled to put his TRUMP sign on top of every Greek fraternity house in the nation, as a modest sign of his superior intellect and success. That ought to trump’m all!

     
    • Gretchen Michaels 7:33 am on July 23, 2015 Permalink | Reply

      That’s the funniest thing I’ve read this week about Trump! LOL. Love it. 🙂

    • Al Ward 9:48 am on July 25, 2015 Permalink | Reply

      I agree with Gretchen. Your progressive drivel is usually just annoying but this one which got published in the July 24th Palo Alto Daily News is pretty funny. Al Ward

  • Jorg Aadahl 9:04 am on May 7, 2015 Permalink | Reply  

    LOTTO FRAUD REPUBLICAN STYLE 

    Several of the more infamous right-wing Internet web sites have recently launched an advertising campaign for a “system” claiming to increase the odds of winning lotteries, despite the fact that lotteries are random, and must be in order to be legal.
    There is nothing, no strategy, no system, no algorithm or praying for divine intervention that can change the probability of winning. For the California SuperLotto Plus, for example, with 5 picks of 47 numbers, and one Mega out of 27, the odds of hitting all 6 are 41,416,353 to one. Past number combinations have no bearing on future ones, and the probability that a winning number combination will be repeated in the next drawing, is exactly the same as any other of the 41 some million possible combinations, – next to nil.
    This crook with the “secret algorithm” even claims to be a mathematician employed by the University of Oklahoma, having worked out a
    way to increase the odds in your favor by “analyzing” past winners. He even “predicts” that his “system” could bankrupt the entire lotto industry”! Any mathematician would know that there is absolutely no way to change the odds, and past winners have no impact on future number combinations. Each combination has exactly the same probability of showing up through the ball machine that spits out the winning balls. Those balls have no memory of past winning combinations, nor can they be influenced by higher powers. So, if this crook really is a mathematician, which I doubt, then he is worse than a crook and should be charged with numeric malpractice! At any rate, he should be forced to return the couple of hundred dollars he is charging, – if indeed anyone has been dumb enough to fall for such a scam.

    It is kind of funny that this scam seems to be promoted only through right-wing web sites. Does that mean that a scheme like this appeals to the same people who believe that they can increase their odds to become rich by voting Republican? And how has that worked out for them, – to paraphrase Dr. Phil?

     
  • Jorg Aadahl 7:55 am on June 5, 2014 Permalink | Reply  

    Joe the Plumber at it again! 

    As if running around brainless wasn’t enough, now the infamous Joe the Plumber also shows he has no heart. In the aftermath of yet another gun tragedy, this time at UCSB, how insensitive and self-important do you have to be to claim “Your Dead Kids Don’t Trump My Constitutional Rights”. My goodness!
    That’s the GOP darling who was so confused that he didn’t understand that your net taxable income had to exceed $250,000 before a higher tax rate came into effect, and then only for the part above that level. No wonder he became such a hit with Republicans, helping them spread nonsense among low-info voters.

     
  • Jorg Aadahl 7:29 am on May 22, 2014 Permalink | Reply  

    Deficit confusion 

    At times I wonder if some right-winged letter writers to local newspapers are completely blank when it comes to basic economic understanding, or if they deliberately confuse matters in order to score cheap points with the Obama-hating crowd, – a rather popular activity ever since Obama took office.
    Those writers keep on demonstrating that they don’t understand that “deficit” is a budget shortfall. If more is spent than what is coming in, then we have a deficit, which again adds to the national debt. Every year there is a deficit, the accumulated debt will increase by that amount. A budget surplus, like we had for April the last couple of years, will reduce the debt. Among those who have a basic understanding of these things, there is no argument about the fact that the deficit Obama inherited, has declined from $1.4 trillion in 2009 to $680 billion in 2013, which is more than a 50 percent reduction, or in simpler terms: cut in half.

    Those confused letter writers often claim that Obama has piled up nearly twice as much national debt as all of his predecessors combined in less than six years in office, wondering how that can be if deficits are being cut, as claimed by those who understand these things. Besides exposing their failure to understand basic budgetary terms, they are also on shaky ground when it comes to facts and basic math. The reality is that the national debt more than doubled under George W. Bush, from $5.8 trillion to $11.9 trillion, while it has gone up less than 50 percent under Obama so far, an increase partly as a result of unwise tax cuts, war spending, and a toilet-headed economy his predecessor stuck him with. It isn’t all that hard to comprehend, unless you are obsessed by finding things to pin on President Obama, imaginary or misunderstood. For many, that doesn’t matter. The only important thing is to take Obama down, – that was the Republican declared policy from day 1. Just think about it: the first duly elected president since Clinton, should be defeated and obstructed any which way possible, no matter the cost, no matter the consequencies for the nation, or the world, for that matter. The Republican leadership assumed that there would be enough voters so gullible and intellectually challenged that they would gobble it all up. Leaves me wondering what it takes to educate American voters on the wrong side of both history and the welfare of the nation.

     
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