Washington crowd intimidation

 There is seriously something wrong with people in America at the moment.

- https://twitter.com/KunkleFredrick/status/1298344285079838720 
and
- https://twitter.com/KunkleFredrick/status/1298047704866660353
and
- https://twitter.com/BlessUSA45/status/1298129320259604480

Im glad to see im not the only person that this reminded me of this
https://twitter.com/JackPosobiec/status/1298360556408233984

I remember as a younger adult reading the Philip Short book on Pol Pot and being amazed at what human sheep can be "instructed" into doing.
https://amzn.to/2YynIbM

Coffee Cup the true OG

Most people reading this wont understand.....but i think this is very very cool.

Was the first app i used FTP on and i  thought it was pure magic......"its over here...no now its over there". 

https://twitter.com/NickLongo/status/1297301371197235203 

So what does it cost

Great read for anyone so inclined.

 https://medium.com/@hansburri/one-year-and-11-046-miles-on-a-catamaran-all-the-costs-d953f7440f48

The 2014 removal of the 50% LTCG discount on Australian property

Im wondering how the Australian government feels about their 2014 decision to abandon aussie expats living and working overseas with the ATO removal of the 50% Long Term Capital Gains discount for non residents.....(yes removed even for Australian citizens that are expats).

Im not sure it made much press onshore at the time as house prices were going up.....but now that they are falling and with a low $A.......Aussie expats have no interest in investing in Syd/Melbourne investment properties.....its just not a viable option.

With the removal of the 50% LTCG discount its means that you pay 38% MINIMUM tax on all capital gains.

So if you get 8% return on stocks here in the USA.....(annual average) then you would need to get 13% each year in Australian property in order to have the same after tax return........

Or put it this way...... lets say you buy $1m in Australian property and $1m in USA stocks in 2020 and then sell in 8-10 years when it doubles.

With Australian property you would get $620,000 in profit after paying $380,000 in tax.

If you invested in USA stocks and paid 20% capital gains you would get $800,000......paying only $200,000 in tax eg paying $180,000 less tax than investing in Australian property.

This is why i tell non resident Australian expats to NOT INVEST IN AUSTRALIAN PROPERTY ever since they change the rules in 2014.

Mark Tritton ceo Bed Bath and Beyond

Always nice working away and then off to the side hearing an aussie accent on @CNBC

 Mark Tritton the new ceo of Bed Bath and Beyond is on talking about retail in the age of corona.....and even though he has been out of Australia for years........the accent is still there :)

Good to see someone from Gosford on the world stage.
https://www.linkedin.com/in/mark-tritton-b75a065

https://www.forbes.com/sites/warrenshoulberg/2019/10/09/bed-bath--beyond-names-target-exec-mark-tritton-its-new-ceo-what-happens-next/#238fdd356953

Fed's begin to buy bonds

lol sure.....why not.


FED WILL BEGIN BUYING BROAD PORTFOLIO OF U.S. CORPORATE BONDS https://twitter.com/DeItaOne/status/1272590613247074305

Reddit

Ha ha ha Reddit, always so on point

:)

Dave Chappelle - 8.46

Word
:(

America the dichotomy

Police brutality really seems to be sort of "baked in' to society here.

Sadly I dont know how to fix it or whats going to be required to fix it. Maybe more spending on education and less spending on global military machine? IDK?

 I do want to remind you of this though eg so you arent disillusioned about the future... Yes the USA has problems.....and yes it often disappoints, but its the fact that we still feel this disappointment is whats so great about America...eg we are always expecting more and hope for the very best, even when sometimes it falls short.
:(

The fact that this is happening the same day that a private "AMERICAN" company is flying two people to the ISS is the dichotomy of the USA.

Its not a European company, and not a Chinese company, and certainly not an Australian company.......but an American company that 18 years ago was founded by a dude who sold out and made money from a "payments" company he flipped (....which lets face it was basically an idea available to anyone....he just happened to take the IP and blow it up into a monster deal which he has then blown up into 3 other monster deals one of which failed) and whilst i think Elon is a govt funding sucking whore a lot of the time........he did it in America, and thats pretty awesome.

Secondary infections in the USA?

Meanwhile in Ohio.....people wanting to get laid
- https://twitter.com/Pandora_HasABox/status/1261839917052813312

hmmmm the more i see this the more i think i should short the market as secondary infections going to happen for sure My only question is will the feds actually allow another lockdown to occur or will they "hush" the numbers in some way.