Comments on: Throw All The Speculators in Jail! Tax Their Windfall Profits! http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html Dispatches from a Small Business Sun, 12 Feb 2012 09:39:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ibod Catooga http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13431 Ibod Catooga Sun, 31 Aug 2008 04:51:21 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13431 <p>I'm sorry, I just pooped my pants.</p> I’m sorry, I just pooped my pants.

]]> By: Les http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13430 Les Sat, 30 Aug 2008 01:58:12 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13430 <p>Speculation I think has played a part in accelerating the price increase in oil and oil products, but let's take a whack at this with Hanlon's Razor (one of my favorite instruments.)</p> <p>The beltway scare-mongers are trying to intimate that oil speculators are involved in some sort of vast conspiracy to jack prices into the stratosphere and keep them there. I think the more likely scenario is that the guys buying into all the oil futures are just the same idiots who didn't learn their lesson from the housing bubble, no need for windfall profit taxes.. they'll get theirs when this new bubble bursts.</p> Speculation I think has played a part in accelerating the price increase in oil and oil products, but let’s take a whack at this with Hanlon’s Razor (one of my favorite instruments.)

The beltway scare-mongers are trying to intimate that oil speculators are involved in some sort of vast conspiracy to jack prices into the stratosphere and keep them there. I think the more likely scenario is that the guys buying into all the oil futures are just the same idiots who didn’t learn their lesson from the housing bubble, no need for windfall profit taxes.. they’ll get theirs when this new bubble bursts.

]]> By: diz http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13429 diz Tue, 26 Aug 2008 21:06:22 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13429 <p>It's different because more people own homes than oil wells. </p> <p>Asset price increases that we personally benefit from are far more tolerable.</p> It’s different because more people own homes than oil wells.

Asset price increases that we personally benefit from are far more tolerable.

]]> By: Valens http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13428 Valens Tue, 26 Aug 2008 05:14:26 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13428 <p>The discretionary income to average home price ratio is powerfully mean reverting... And it still has quite a way to go. </p> The discretionary income to average home price ratio is powerfully mean reverting… And it still has quite a way to go.

]]> By: Zach http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13427 Zach Tue, 26 Aug 2008 04:04:45 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13427 <p>Hey...I won't sell my house for less than I paid for it...I guess I need to be charged with price gouging.</p> Hey…I won’t sell my house for less than I paid for it…I guess I need to be charged with price gouging.

]]> By: Leonard Huff III http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13426 Leonard Huff III Tue, 26 Aug 2008 01:49:02 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13426 <p>RE: Current Article</p> <p>The thing that got my attention to this blog was the article that Mr. Warren wrote on 10-05-05 about " Let's Tax These Bubble -Driven Windfall Profits" about home driven income on houses!</p> <p>The same thing happen in the 1980 when President Carter was in the White House. Oil prices went through the roof! Guess What!</p> <p>Congress in their heat! , or wisdom , put a windfall profit tax on Oil & Natural Gas !</p> <p>Did not work in the market place! Oil hit $10 +/- in 1998!</p> <p>To few people in the market in the 1980's!</p> <p>Today , alot more people (Market) are in play!</p> <p>More votes! (Pelosi or Republicans)?</p> <p>Who Knows?</p> <p>Have a nice day!</p> RE: Current Article

The thing that got my attention to this blog was the article that Mr. Warren wrote on 10-05-05 about ” Let’s Tax These Bubble -Driven Windfall Profits” about home driven income on houses!

The same thing happen in the 1980 when President Carter was in the White House. Oil prices went through the roof! Guess What!

Congress in their heat! , or wisdom , put a windfall profit tax on Oil & Natural Gas !

Did not work in the market place! Oil hit $10 +/- in 1998!

To few people in the market in the 1980′s!

Today , alot more people (Market) are in play!

More votes! (Pelosi or Republicans)?

Who Knows?

Have a nice day!

]]> By: Methinks http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13425 Methinks Mon, 25 Aug 2008 21:15:05 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13425 <p><i>Once in a lifetime was the old law, with the "Taxpayer Relief Act of 1997" there is no limit on how many times.</i></p> <p>Gee, I wonder why we had a bubble then? Must be the evil, lecherous, predatory lenders! We need to hunt 'em down and kill 'em!</p> Once in a lifetime was the old law, with the “Taxpayer Relief Act of 1997″ there is no limit on how many times.

Gee, I wonder why we had a bubble then? Must be the evil, lecherous, predatory lenders! We need to hunt ‘em down and kill ‘em!

]]> By: will http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13424 will Mon, 25 Aug 2008 20:37:27 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13424 <p>Once in a lifetime was the old law, with the "Taxpayer Relief Act of 1997" there is no limit on how many times.</p> <p>For more info goto.</p> <p>http://www.bankrate.com/brm/news/real-estate/20041018a1.asp</p> Once in a lifetime was the old law, with the “Taxpayer Relief Act of 1997″ there is no limit on how many times.

For more info goto.

http://www.bankrate.com/brm/news/real-estate/20041018a1.asp

]]> By: Esox Lucius http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13423 Esox Lucius Mon, 25 Aug 2008 20:25:11 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13423 <p>You can only do the no-capital-gains thing once in a lifetime, that is my understanding from the little real estate that I dabbled in.</p> You can only do the no-capital-gains thing once in a lifetime, that is my understanding from the little real estate that I dabbled in.

]]> By: will. http://www.coyoteblog.com/coyote_blog/2008/08/throw-all-the-s.html/comment-page-1#comment-13422 will. Mon, 25 Aug 2008 20:17:17 +0000 http://coyote-blog.com/wordpress/2008/08/throw-all-the-s.html#comment-13422 <p>Capital Gain on home sales:</p> <p>$250,000 profit for single or $500,000 profit for couples.</p> <p>Must be principle residence and you must have lived in it for 2 out of the last 5 years before the sale.</p> <p>No limits on the number of times you can do this except for the 2 year limit. </p> Capital Gain on home sales:

$250,000 profit for single or $500,000 profit for couples.

Must be principle residence and you must have lived in it for 2 out of the last 5 years before the sale.

No limits on the number of times you can do this except for the 2 year limit.

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