Gregmal Posted February 9, 2019 Share Posted February 9, 2019 Seems like Dr. Evil can dish it out, but he can't take it... What do you mean he can’t take it? He’s taking it great as far as I can see. He saw the problem, took the hit on the chin, and may very well bury his adversary in the business graveyard. I’d be disappointed if he’d gone along with this two bit extortion. He was smart enough to see that his opponent was ‘Pecker’ from the national enquirer and not take the L. Side note, what kind of hourly rate would you charge to take on the mantle of “Lawyer for the National Enquirer”? Talk about laying down with dogs. Huh. I was assuming Dr. Evil in this scenario was Pecker. Love the Huff Post headline "Bezos exposes Pecker". You cant make this stuff up. I meant it more literally. Its always been amusing to me how much Jeff Bezos looks like Dr. Evil from Austin Powers. Link to comment Share on other sites More sharing options...
Cardboard Posted February 9, 2019 Author Share Posted February 9, 2019 Poor Dalal.Holdings, you didn't get it. Your hate of Trump is making you lose any reasoning. Trump was famous for telling rich people to have a prenup before getting married. That is when he was still celebrated by Democrats and invited by Clinton and the like. LOL! So guess who is in trouble now and facing the potential to lose 50% of his wealth after having an affair: Trump with a prenup or Bezos with no prenup and Washington State laws? Cardboard Link to comment Share on other sites More sharing options...
Dalal.Holdings Posted February 9, 2019 Share Posted February 9, 2019 Poor Dalal.Holdings, you didn't get it. Your hate of Trump is making you lose any reasoning. Trump was famous for telling rich people to have a prenup before getting married. That is when he was still celebrated by Democrats and invited by Clinton and the like. LOL! So guess who is in trouble now and facing the potential to lose 50% of his wealth after having an affair: Trump with a prenup or Bezos with no prenup and Washington State laws? Cardboard Lol...you think I care about Bezos? I bet you think he's a hero to non-Trump supporters (60% and growing) because he owns The Washington Post. Don't really care about him, personally, but glad to see The Enquirer get what it deserves (Feds may rip up their settlement lol). As for you: it's amusing that you call one person's behavior shameful and mock them, yet have repeatedly admired another person who has engaged in the same behavior (or actually much worse: where Billy Bush at?) without any semblance of disapproval from you. There might be some moral/cognitive dissonance there. As you said about Mackenzie: "Isn't she ashame of such behavior and to have been with this guy for so long? You bet she is and mad." One could pose the same questions to Melania. Link to comment Share on other sites More sharing options...
gfp Posted February 9, 2019 Share Posted February 9, 2019 What good would a pre-nup have done? The Bezos family made $100 billion after they got married. I don’t think it makes any difference when you have $100 billion if half of the shares go to the McKenzie foundation and half go to the Jeff foundation. He’s not going to spend his fortune and neither is she. He will still have plenty for his space company. They are going to be fine Link to comment Share on other sites More sharing options...
Dalal.Holdings Posted February 9, 2019 Share Posted February 9, 2019 What good would a pre-nup have done? The Bezos family made $100 billion after they got married. I don’t think it makes any difference when you have $100 billion if half of the shares go to the McKenzie foundation and half go to the Jeff foundation. He’s not going to spend his fortune and neither is she. He will still have plenty for his space company. They are going to be fine Yah...50% of Bezos' fortune (even <10%) made over 20 years is a helluva lot more than DJT made in his entire lifetime (even with the massive "loan" from daddy). And Bezos built an empire that's a feat to behold--unlike that other guy who is a "winner" bc he had a prenup... But if you let bias cloud your judgement, then you can go on making all kinds of silly statements as evidenced here. Link to comment Share on other sites More sharing options...
Cardboard Posted February 9, 2019 Author Share Posted February 9, 2019 Hey Dalal what did I say: "If I was Mackenzie's lawyer." You don't think it matters to get a commission on 50% of wealth vs say 5 or 10%? Man you love arguing but, you are not made to make money. Cardboard Link to comment Share on other sites More sharing options...
gfp Posted February 9, 2019 Share Posted February 9, 2019 I've never seen a divorce lawyer work on commission. Is that common where you live? I thought lawyers were an hourly billing type of gig. Why would someone with a $50 Billion settlement hire a lawyer that charges a % commission, vs one that bills hourly / retainer, etc..? ** update: wait, I might know this one - I overheard it in the hallway of civil district court when I bumped into the guy that does the TV ad directly before Lester Holt's nightly news program each night. He was on the phone with his client and yelled, "Because I'm Worth It!" Link to comment Share on other sites More sharing options...
Dalal.Holdings Posted February 9, 2019 Share Posted February 9, 2019 I've never seen a divorce lawyer work on commission. Is that common where you live? I thought lawyers were an hourly billing type of gig. Why would someone with a $50 Billion settlement hire a lawyer that charges a % commission, vs one that bills hourly / retainer, etc..? Because he likes creating strawmen and wants to divert attention from this "shameful Bezos" comment because he knows it wrecks his view of his hero DJT. What a sad existence it must be living a life where you must anticipate the worst in everyone--even your spouse. Trump's supporters tend to think just like him--viewing the world as purely zero sum. You get to delve in Hotels and Casinos where you screw over your counter-parties through bankruptcies, "brilliant dealmaking", etc. Or you could build a real business like Bezos did. Or live like Buffett and treat your counter-parties like you'd want to be treated and end up with vastly more wealth than someone hateful, zero sum like Trump. Guess Buffett and Bezos "are not made to make money" like Trump is. Link to comment Share on other sites More sharing options...
Gregmal Posted February 10, 2019 Share Posted February 10, 2019 Then there is the Dalal strategy for building wealth... buying Tesla at a $75B EV. Which differs quite significantly from the more proven Trump, Bezos, or Buffett methods. Link to comment Share on other sites More sharing options...
Dalal.Holdings Posted February 10, 2019 Share Posted February 10, 2019 Then there is the Dalal strategy for building wealth... buying Tesla at a $75B EV. Which differs quite significantly from the more proven Trump, Bezos, or Buffett methods. (Citation needed) on my ever saying to go long Tesla. Keep creating strawmen to divert attention from your morally untouchable, forever double standard treatment of your savior, DJT. A lot easier to mock Bezos than tear down your own precious idol. Link to comment Share on other sites More sharing options...
Liberty Posted February 12, 2019 Share Posted February 12, 2019 Amazon has acquired Eero (if you listen to any tech podcasts, you're probably familiar with them). https://www.bloomberg.com/news/articles/2019-02-11/amazon-will-buy-startup-eero-to-help-connect-home-devices Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 14, 2019 Share Posted February 14, 2019 Amazon says it will not build a headquarters in New York after mounting opposition https://www.cnbc.com/2019/02/14/amazon-says-it-will-not-build-a-headquarters-in-new-york-after-mounting-opposition-reuters-reports.html Link to comment Share on other sites More sharing options...
Gregmal Posted February 14, 2019 Share Posted February 14, 2019 Good for them. While AMZN certainly doesn't need any tax breaks, its great now that these moron politicians who railed against it now have to go face their constituents and explain why they killed this massive boost to the area strictly to benefit their own political ambitions.. I'd hate to be one of those people that went on a property buying spree just after the announcement. Link to comment Share on other sites More sharing options...
Liberty Posted February 14, 2019 Share Posted February 14, 2019 Guessing the next time they announce something, the loud minority of NIMBY voices will be drowned out by the in-favor majority that stayed quiet this time because they thought it was all just noise and that the deal was done. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 14, 2019 Share Posted February 14, 2019 Oh well. NYC will be okay. Link to comment Share on other sites More sharing options...
Jurgis Posted February 14, 2019 Share Posted February 14, 2019 Oh well. NYC will be okay. I think both sides will be just fine. 8) Link to comment Share on other sites More sharing options...
walkie518 Posted February 14, 2019 Share Posted February 14, 2019 wonder if Newark is the obv next choice b/c of audible hq? Link to comment Share on other sites More sharing options...
Liberty Posted February 14, 2019 Share Posted February 14, 2019 "We don't want all these high-paying jobs to make the price of housing to go up in the area." *Invert. Always invert.* "Why stop here? The best way to make housing prices go down is to remove other large employers with well-paying jobs from the area. In fact, I'm sure by letting infrastructure fall into disrepair (a shrinking tax base tends to do that, ask Detroit) we can further reduce prices..." https://www.nydailynews.com/opinion/ny-dont-scare-amazon-away-nyc-20190212-story.html Link to comment Share on other sites More sharing options...
rkbabang Posted February 14, 2019 Share Posted February 14, 2019 "We don't want all these high-paying jobs to make the price of housing to go up in the area." *Invert. Always invert.* "Why stop here? The best way to make housing prices go down is to remove other large employers with well-paying jobs from the area. In fact, I'm sure by letting infrastructure fall into disrepair (a shrinking tax base tends to do that, ask Detroit) we can further reduce prices..." https://www.nydailynews.com/opinion/ny-dont-scare-amazon-away-nyc-20190212-story.html Start a program where you breed and then release 5 million rats into the neighborhood that should push property values down. Link to comment Share on other sites More sharing options...
rb Posted February 14, 2019 Share Posted February 14, 2019 NYC already has that program in place. It's called the subway. Didn't seem to affect property prices. Link to comment Share on other sites More sharing options...
Spekulatius Posted February 14, 2019 Share Posted February 14, 2019 NYC already has that program in place. It's called the subway. Didn't seem to affect property prices. Yeah, hardly anyone would notice 5 million more rats in NYC. Link to comment Share on other sites More sharing options...
Dalal.Holdings Posted February 14, 2019 Share Posted February 14, 2019 Better question: why the hell does a city like NYC need to give incentives and tax breaks to a company like Amazon? There are many, many companies with corporate HQ's in NYC who did not get the same treatment. They come for the talent/skills/closeness to other firms present in NYC and are willing to pay taxes/high real estate costs/etc for it. There is no reason why Amazon should be treated any different. You can talk about general reform in making it easier for tech companies to do business in NY/NYC, but trying to woo an individual company like Amazon is foolish and unlikely to build a tech ecosystem. This whole "competition" for Amazon HQ2 was a smart move by Bezos. Places went out of their way to "compete" to give Amazon the best offer. It's like an open-outcry auction. The buyer is referred to as the "winner" of the auction, but it's usually the seller who is actually winning. Hence why Munger states him and Warren avoid such auctions. Link to comment Share on other sites More sharing options...
Liberty Posted February 15, 2019 Share Posted February 15, 2019 Better question: why the hell does a city like NYC need to give incentives and tax breaks to a company like Amazon? There are many, many companies with corporate HQ's in NYC who did not get the same treatment. They come for the talent/skills/closeness to other firms present in NYC and are willing to pay taxes/high real estate costs/etc for it. There is no reason why Amazon should be treated any different. You can talk about general reform in making it easier for tech companies to do business in NY/NYC, but trying to woo an individual company like Amazon is foolish and unlikely to build a tech ecosystem. This whole "competition" for Amazon HQ2 was a smart move by Bezos. Places went out of their way to "compete" to give Amazon the best offer. It's like an open-outcry auction. The buyer is referred to as the "winner" of the auction, but it's usually the seller who is actually winning. Hence why Munger states him and Warren avoid such auctions. These types of incentives are apparently the norm and other companies making substantial investments are getting them, it's just not front page news because it's not Amazon. And they need to do it because cities and state compete with each other for these valuable prizes, and if high-cost (high tax) areas don't sweeten the deal, they'll lose almost every time to low cost (low tax) competitors, and yet it can still be win-win to give tax breaks because of the multiplier effect of having something like 25,000 high-paying jobs for the long-term in an area. It's not like the city is handing over a cheque for the whole amount on day one. It's more like "over years and years, we'll let you keep more of what you earn than you otherwise would've, if you produce the results". Doesn't sound so bad to me, if you want your city to be competitive. 25,000 jobs and a big company HQ would certainly have broadened the tax base by a lot more than those incentives would "cost", and probably almost in perpetuity, rather than just over whatever period was looked at when the media compile their numbers. Link to comment Share on other sites More sharing options...
Jurgis Posted February 15, 2019 Share Posted February 15, 2019 The funny thing is: AMZN/GOOGL already have a lot of workers in NYC and will keep adding even without the whole 2nd headquarters hoopla. So, no, NYC is not killing itself like a lot of people claim. Link to comment Share on other sites More sharing options...
Liberty Posted February 15, 2019 Share Posted February 15, 2019 The funny thing is: AMZN/GOOGL already have a lot of workers in NYC and will keep adding even without the whole 2nd headquarters hoopla. So, no, NYC is not killing itself like a lot of people claim. Scope insensitivity. Yes they have lots of workers. But they'd have added a whole lot more on top of that and invested a lot of capex, rather than just rent office space (and when you build, you tend to stick around longer than if you just rent). Of course the city's not killing itself, but that's kind of an extreme statement that is easy to tear down. The more nuanced reality is it's definitely losing on this deal and sending a bad signal to other companies that they probably shouldn't go there unless they want it to become a huge ugly mess. It also sucks for the 70% (or whatever) of locals who were glad about this, and for all those who could've gotten good jobs out of it, that this is going away because some people are worried that too much economic growth will make real estate go up or that engineers don't eat out in restaurants as much as other people for some reason (real argument by a politician this morning). I'm sure other cities will be glad to receive these tens of thousands of high-paying engineering jobs ¯\_(ツ)_/¯ Link to comment Share on other sites More sharing options...
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