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MidWestGuy
| Favorite team: | |
| Location: | Illinois |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 2025 |
| Registered on: | 11/5/2018 |
| Online Status: | Not Online |
Recent Posts
Message
re: Slash, hold my beer
Posted by MidWestGuy on 7/6/26 at 10:38 am to TigerAxeOK
quote:
quote:
Shredded on a Schecter....but it does look close to a Strat or Tele.
I caught that after I posted about it being a Strat. I'll not edit though because I still stand impressed.
Yes, leave it. "Strat" has become shorthand for any Stratocaster style guitar (which Fender is fighting now, but like "Kleenex", I think that train has left the station, long after their patents expired).
But yep, good tone for the song.
re: Husband of former House Speaker Nancy Pelosi suspected in Napa County hit-and-run
Posted by MidWestGuy on 7/5/26 at 9:58 am to BHS78
The AP headlne is 'interesting'. When I read it, I thought Pelosi was hit, and the other guy ran. Often, a hit and run means you don't have the guy in custody that did the 'hit. They don't come out and say that Pelosi was the one that hit the car, they say he was 'involved' in a hit-and-run.
So if a guy wearing a MAGA hat shot up a place and killed a dozen people, would they report that so-and-so was 'involved' in a shooting?
quote:
Paul Pelosi in hit-and-run in California, car left with major damage, authorities say
The husband of former House Speaker Nancy Pelosi was involved in a hit-and-run in California that left a parked car with “major” damage authorities said Saturday, and he could face misdemeanor charges.
So if a guy wearing a MAGA hat shot up a place and killed a dozen people, would they report that so-and-so was 'involved' in a shooting?
re: Millions of kids go hungry in America......
Posted by MidWestGuy on 7/5/26 at 9:52 am to Missouri Waltz
quote:
I do not want any kid to be hungry. I want all kids to live happy and carefree lives. If we feed some cheats so that the underprivileged will get what they need then so be it.
OK, but let's fix the problem, the parents/cheats.
Take the kids away from them, put the parents on some kind of community service program to pay back the cheat, and sterilize the parents so they can't produce more kids they won't take responsibility for.
re: Millions of kids go hungry in America......
Posted by MidWestGuy on 7/4/26 at 10:37 am to trinidadtiger
I found a reference to that stat years ago, can't find it now, but it was a ridiculously loose definition of 'hunger'. Something like:
Have you, or anyone in your household, in the past 6 months:
1) Had to skip a meal due to lack of funds (that you spent on cigarettes, booze, or drugs instead)?
---Ahhh I found it "food insecurity" is their buzzword-salad for "hunger" ...
Copyright 2013
Texas Food Bank Network
All Rights Reserved
Texas Food Bank Network
1524 South IH35, Ste. 342
Austin, TX 78704
Phone 5125273613
Fax 5123829742
Have you, or anyone in your household, in the past 6 months:
1) Had to skip a meal due to lack of funds (that you spent on cigarettes, booze, or drugs instead)?
---Ahhh I found it "food insecurity" is their buzzword-salad for "hunger" ...
Copyright 2013
Texas Food Bank Network
All Rights Reserved
Texas Food Bank Network
1524 South IH35, Ste. 342
Austin, TX 78704
Phone 5125273613
Fax 5123829742
quote:
What is Food Insecurity? How many Texans are “food insecure”? According to the latest USDA report, an average 18.4% of Texas households experienced food insecurity in the years 20102012. Texas ranks among the top twelve states in terms of food insecurity rates, and second in terms of the number of food insecure households. Using related data, the national group Feeding America has estimated the number of individuals and children who lived in these households in 2010 in every Texas county.
What does “food insecure” mean? Food insecurity is the most broadly used measure of food deprivation in the United States. The USDA defines food insecurity as meaning “consistent access to adequate food is limited by a lack of money and other resources at times during the year.” Acceptable shorthand terms for food insecurity are “hungry, or at risk of hunger,” and “hungry, or faced the threat of hunger.” Food insecurity can also accurately be described as “a financial juggling act, where sometimes the food ball gets dropped.”
What does “food insecure” NOT mean? Food insecurity is not “the government’s definition of hunger.” It is a broader term that captures outright hunger and the coping mechanisms that households use to avoid hunger. Food insecurity is a household situation, not an individual situation. While food insecurity affects everyone in a household, it may affect them differently. Therefore it is not correct to state that specific individuals in a food insecure household (such as children) definitely experience outright hunger or specific coping mechanisms. Rather than describing these individuals as being “food insecure”, they should be referred to as “living in a food insecure home.” Food insecurity is a yearlong measure. Therefore, it is not correct to assert that every food insecure household is experiencing food insecurity “right now,” will experience hunger “tonight” or “does not know where their next meal is coming from.” Research shows that food insecurity tends to be episodic and often cyclical. Food insecurity does not mean that a household lacks access to grocery stores, lives in a “food desert,” or does not have time to shop/cook. It only refers to lack of food access based on financial and other material resources.
re: "Babes from days gone by (NSFW)" thread as per request by Kafka..
Posted by MidWestGuy on 6/30/26 at 9:09 am to Auburn1968
quote:
TOP 10 Tips for Dating with a girl in Slovenia
Had a young Slovakian
Slovenia != (not equal sign) Slovakia.
re: Black people picked fake cotton to commemorate Juneteenth
Posted by MidWestGuy on 6/23/26 at 9:52 pm to Dee_oh_Dee
quote:
There wouldn't be any cotton to pick on June 19 in any year past or present.
I missed making /reading any comments here on the 3rd of June.
I probably have mentioned this before, but grew up on a farm in Northern IL. Was a young teen when this song came out. I figured the songwriter was from California. Of course we didn't grow cotton, but I couldn't imagine harvesting cotton in June, even in the warmer South.
Many years later, I learned that Bobbie Gentry really was from the South, and "choppin' cotton', wasn't harvesting it, it was weeding it. Now it all fits.
Fantastic song, and beautiful, hot, talented lady.
quote:
Ode to Billie Joe - Bobbie Gentry
Was the third of June, another sleepy, dusty Delta day
I was out choppin' cotton, and my brother was balin' hay
My favorite performance, oddly, from the Andy Williams show (most would be too young to remember that show). A little more emotional than the single:
re: “The rich avoid tax by taking loans against their stocks!”
Posted by MidWestGuy on 6/14/26 at 10:25 am to NC_Tigah
quote:
when Elon Musk inexplicably (?patriotically?) elected to cash Tesla shares, fully exposed to tax, in order to buy Twitter. Obtaining a simple loan against his shares would have cost vastly less while preserving his holdings.
It's possible that no financial institution wanted to loan out a large enough amount against the shares that Elon had. Tesla stock was extremely volatile, and not diversified. Not a great holding to use as collateral. I have an LOC that I've used occasionally for some short term cash flow needs, to avoid selling appreciated shares and incurring cap gains tax. My collateral was broad index funds, essentially a Beta of one vs 'the market'.
Let's see, AI says:
quote:
At the exact time Elon Musk finalized his purchase of Twitter on October 27, 2022, his net worth was estimated to be between $204 billion and $212 billion.
and...
How the $44 Billion Deal Was Funded - Musk did not pay the entire amount out of pocket; instead, he assembled a leveraged buyout package consisting of personal wealth, loans, and outside investments:$27.7 billion in personal equity: Funded largely by selling billions of dollars worth of his personal Tesla stock
more to the point:
quote:For reference, I can borrow ~ 55% of my stocks current value. Banks limited Elon to 20%, and as shown above, that would have been risky for the bank.
Why didn't Musk borrow against his Tesla shares?
Elon Musk initially planned to take out a $12.5 billion margin loan against his Tesla shares to finance the Twitter buyout. ... The primary reasons Musk chose not to borrow against his Tesla stock include:
1. Risk of a "Margin Call" A margin loan requires the borrower to maintain a specific collateral value. Under the original terms, banks required Musk to back the loan with Tesla stock worth five times the loan amount. Between April and May 2022, Tesla's stock price plummeted by roughly 30% to 40%. Had Tesla's stock dropped further, banks would have triggered a margin call.This would have forced Musk to either instantly inject billions in cash or watch the banks forcibly sell off his Tesla shares at rock-bottom prices to cover the gap.
2. Tesla Corporate Borrowing RulesTesla’s board maintains a strict corporate policy to protect the company from executive leverage. At the time, Tesla rules limited major shareholders from borrowing more than 25% of the total value of any pledged shares. Because Musk had already pledged over 90 million shares to secure older, personal loans before the Twitter bid, he was running out of unpledged stock to legally use as collateral under Tesla’s guidelines.
re: R.I.P. NYPD police cars & City of New York tonight !
Posted by MidWestGuy on 6/14/26 at 9:57 am to LivingstonLaw
Imagine a Democrat mayor saying this today, or any Mayor for that matter:
LINK
Chicago Mayor Daley, 1968:
LINK
Chicago Mayor Daley, 1968:
quote:
Daley issued a directive that going forward authorities should “shoot to kill any arsonist or anyone with a Molotov cocktail in his hand because they are potential murderers” and “shoot to maim or cripple anyone looting any stores in our city.”
re: “The rich avoid tax by taking loans against their stocks!”
Posted by MidWestGuy on 6/14/26 at 9:15 am to Victor R Franko
Penrod:
You are talking "wash sales" rules. But they don't apply to buying back a 'similar' stock, only if you buy back the same stock/fund. There's some vague wording there that has never been tested, and that is "substantially identical". So it's not clear if I sell one S&P500 fund, and purchase another, if it is a wash or not. AFAIK, no one has had a sale be deemed a 'wash sale' unless it was actually identical.
And it is a 61 day window (30 days before and after), to be exact.
quote:
my managers will harvest losses to offset some of the gains and then reinvest in similar stocks so I don’t lose out on the opportunity of the low share prices
quote:
This isn't legal unless they're waiting the required 30 day waiting period necessary to allow the loss offset. I'm sure that's what you meant.
You are talking "wash sales" rules. But they don't apply to buying back a 'similar' stock, only if you buy back the same stock/fund. There's some vague wording there that has never been tested, and that is "substantially identical". So it's not clear if I sell one S&P500 fund, and purchase another, if it is a wash or not. AFAIK, no one has had a sale be deemed a 'wash sale' unless it was actually identical.
And it is a 61 day window (30 days before and after), to be exact.
re: “The rich avoid tax by taking loans against their stocks!”
Posted by MidWestGuy on 6/14/26 at 9:01 am to lsuconnman
quote:
Remove the step-up in basis tax and this entire topic disappears.
Remove the step-up in basis tax and you have created a ton more of other problems.
So a guy builds a family business. That business can't run without the $50M factory that was built over 40 years, many of those years being hard times. So now the owner dies, and owes an estate tax on that, or all the unrealized gains are now taxed, even though they aren't taking the money out of the business?
You'll destroy those businesses, you'll destroy the incentive to build a family business.
They are getting taxed every which way, property taxes on the factory, their share of employee taxes, etc. If you own stocks, the dividends are taxed. If you manage to hang on to some, I say they are yours, and you have the right to pass them on to whoever you want, the govt should not get involved.
And don't tell me you'll make a carve out for business investments - Congress will put in 'loopholes' for their rich friends, and it will just complicate things for every one else.
re: “The rich avoid tax by taking loans against their stocks!”
Posted by MidWestGuy on 6/14/26 at 8:48 am to SquatchDawg
quote:
You don’t pay income taxes on any loan or line of credit. But don’t you have to pay it back plus interest at some point?
Not really. The stocks are the collateral. They are 'locked down', you can't pull them out of that account, there may be some limits on trading within the account (they won't loan you as much if you have crazy volatile stocks in the account). Example:
You have an account with $10M of stocks. They let you borrow $2M against it, and you pay the interest every month (usually a floating rate, some index plus x.x%). You can just pay the interest. You don't need to pay any 'principal', because you own the principal.
You only need to pay the $2M to end the interest payment you are making, and free up those committed stocks if you wanted to sell them outright.
re: Things Karmelo Anthony could have done to avoid jail
Posted by MidWestGuy on 6/10/26 at 2:09 pm to the808bass
quote:
Not go to a track meet he wasn’t supposed to be at as he was suspended.
Do you have a credible link for that? AI is saying no, but I can't always trust it.
re: Sentence Reached
Posted by MidWestGuy on 6/9/26 at 8:08 pm to Blizzard of Chizz
quote:
His dumbass family and retarded supporters walked his arse directly into a 35 year bid instead of seeking a plea deal from the very beginning. Now that he’s been convicted and sentenced, it’s time to go after that six figure slush fund in a wrongful death suit.
From google AI:
quote:
? No plea deal was ever offered by the prosecution to Karmelo Anthony.While rumors circulated on social media that his defense team had rejected a deal, legal analysis of the trial confirmed that the state of Texas refused to extend any plea bargain. Your understanding is correct: because the prosecution holds sole authority over whether an official deal is put on the table, Anthony's legal team had no choice but to take the case to a jury.
re: Sentence Reached
Posted by MidWestGuy on 6/9/26 at 7:59 pm to OU Guy
quote:
He chose Jury.
He chose.... poorly.
re: Sentence Reached
Posted by MidWestGuy on 6/9/26 at 7:46 pm to Kafka
quote:From google AI (and what I read elsewhere):
I thought that was the judge's job
quote:
Under Texas state law, a defendant has the unique right to elect whether a judge or a jury assesses their sentence. Anthony's defense team specifically requested that the jury handle the sentencing phase. Following his murder conviction on June 9, 2026, the same 12-person panel deliberated and ultimately sentenced him to 35 years in prison.
In Texas criminal procedure, a defendant must file a written election for jury sentencing before the trial begins.
After the jury came back so quickly (a very strong sign that they were fully confident in a "guilty" charge, and when it was for murder, not the lesser manslaughter charge) , I bet he really regretted leaving sentencing to the jury.
re: Verdict reached in Metcalf case.
Posted by MidWestGuy on 6/9/26 at 1:57 pm to Tigertittie
I linked it here in another thread...
LINK
J.D. Miles
@jdmiles11
·
2s
Breaking a verdict has been reached in the Karmelo Anthony murder trial it will be announced sometime after 2:05 PM central time
re: Defense Rests in Karmelo Anthony Trial GUILTY GUILTY GUILTY
Posted by MidWestGuy on 6/9/26 at 1:51 pm to MidWestGuy
LINK
That was fast. They didn't even pretend to have to take time to decide. It must be guilty, right? Right?
quote:
J.D. Miles @jdmiles11 · 2s Breaking a verdict has been reached in the Karmelo Anthony murder trial it will be announced sometime after 2:05 PM central time
That was fast. They didn't even pretend to have to take time to decide. It must be guilty, right? Right?
re: Defense Rests in Karmelo Anthony Trial GUILTY GUILTY GUILTY
Posted by MidWestGuy on 6/9/26 at 1:37 pm to cajunangelle
I hate legalese - while I'm pretty sure I understand what a sentence in there says, but considering the weight of a murder trial, I would need to be 100% sure I interpreted it correctly.
And to be 100% sure, I'd need to make a diagram of some of those sentences. They're full of double-triple negatives, with those twists and turns all set out before you get to the end of the sentence which says something like "then you must (or must not) find the defendant guilty (or not guilty) of said charge". By the time I get to the end, I lost what was at the beginning!
edit/add: I thought I might be exaggerating, but that paragraph that begins "Now therefore, bearing in mind..." goes on for 8 full lines - and it is one, single, long, run-on sentence.
And to be 100% sure, I'd need to make a diagram of some of those sentences. They're full of double-triple negatives, with those twists and turns all set out before you get to the end of the sentence which says something like "then you must (or must not) find the defendant guilty (or not guilty) of said charge". By the time I get to the end, I lost what was at the beginning!
edit/add: I thought I might be exaggerating, but that paragraph that begins "Now therefore, bearing in mind..." goes on for 8 full lines - and it is one, single, long, run-on sentence.
re: The Chicago Bears move forward with Indiana stadium
Posted by MidWestGuy on 6/5/26 at 9:21 pm to JohnLasater
quote:
Hammond is basically Southside Chicago. It’s not a major move. They shot Blues Brothers in that area.
The Bears are on a mission from God.
Yea, I'm in a SouthWest burb of Chicago (pretty deep red area), and I see comments from people around here that it will be easier for them to get to Hammond than to downtown Chicago.
re: Black Liberals PANIC - Court REJECTS EVERY Black Juror For Karmelo Anthony Murder Trial.
Posted by MidWestGuy on 6/5/26 at 8:11 am to riccoar
quote:Not quite:
To be a juror, one you must possess some form of accepted ID AND be a registered voter.
LINK
quote:
Qualifications for Jury Service You do not need any special skills or legal knowledge to be a juror! To be qualified to serve as a juror you must:
be at least 18 years of age;
be a citizen of the United States;
be a resident of this state and of the county in which you are to serve as a juror;
be qualified under the Constitution and laws to vote in the county in which you are to serve as a juror (Note: You do not have to be
registered to vote to be qualified to vote);
be of sound mind and good moral character;
be able to read and write;
not have served as a juror for six days during the preceding three months in the county court or during the preceding six months in the district court; and
not have been convicted of, or be under indictment or other legal accusation for, misdemeanor theft or a felony.
*Note that the completion of deferred adjudication is not a disqualifying "conviction". (Texas Government Code § 62.102. General Qualifications for Jury Service. Code of Criminal Procedure, Articles 35.16 et. seq.)
re: An interesting picture, worth 1000 words.
Posted by MidWestGuy on 5/31/26 at 8:03 pm to scrooster
From google Gemini AI:
This image is AI-generated.
While these five presidents have gathered together for official historic events over the years, this casual "mirror selfie" is entirely fabricated.
Several factors confirm it is a fake:
Historical Timeline Inconsistencies: The apparent ages of the men do not align. For Joe Biden to look as he does as president or vice president, Jimmy Carter would have been much older and frailer than depicted here.
Lack of Record: An unprecedented, casual photo of five U.S. presidents would be globally famous and heavily documented by major news outlets, yet no official record of this photo exists.
AI Visual Artifacts: Closer inspection reveals classic digital generation errors, particularly with the unnatural smoothing of skin textures, blending errors around the hands holding the phone, and the distortion of the phone's reflection itself.
This image is AI-generated.
While these five presidents have gathered together for official historic events over the years, this casual "mirror selfie" is entirely fabricated.
Several factors confirm it is a fake:
Historical Timeline Inconsistencies: The apparent ages of the men do not align. For Joe Biden to look as he does as president or vice president, Jimmy Carter would have been much older and frailer than depicted here.
Lack of Record: An unprecedented, casual photo of five U.S. presidents would be globally famous and heavily documented by major news outlets, yet no official record of this photo exists.
AI Visual Artifacts: Closer inspection reveals classic digital generation errors, particularly with the unnatural smoothing of skin textures, blending errors around the hands holding the phone, and the distortion of the phone's reflection itself.
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