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  2. New CNN Poll: Majority want tax increase for wealthy and deep spending cuts

    in Dumpster

    Posted

    The poor like taxing the rich less than you would think

    http://www.economist.com/node/21525851?frsc=dg

    And here I was in the aspiration/"Maybe I'll be rich someday"-camp to try to explain some of the people that aren't rich but support tax breaks for the "job creators", but I guess this makes sense too: The "As long as I'm not last"-camp.

    Never mind the top, avoid the bottom

    Instead of opposing redistribution because people expect to make it to the top of the economic ladder, the authors of the new paper argue that people don’t like to be at the bottom. One paradoxical consequence of this “last-place aversion” is that some poor people may be vociferously opposed to the kinds of policies that would actually raise their own income a bit but that might also push those who are poorer than them into comparable or higher positions. The authors ran a series of experiments where students were randomly allotted sums of money, separated by $1, and informed about the “income distribution” that resulted. They were then given another $2, which they could give either to the person directly above or below them in the distribution.

    In keeping with the notion of “last-place aversion”, the people who were a spot away from the bottom were the most likely to give the money to the person above them: rewarding the “rich” but ensuring that someone remained poorer than themselves. Those not at risk of becoming the poorest did not seem to mind falling a notch in the distribution of income nearly as much. This idea is backed up by survey data from America collected by Pew, a polling company: those who earned just a bit more than the minimum wage were the most resistant to increasing it.

    Poverty may be miserable. But being able to feel a bit better-off than someone else makes it a bit more bearable.

  3. Bear’s eating me, girl told mum in call

    in Dumpster

    Posted

    You should keep a pocket full of those puppies. In the event a bear chases you just start dropping them on the ground.

    Pocket01.jpg

    Jbot does keep a pocket full of them puppies. I just don't know if he'd share his lunch with a bear. Regardless, he's probably in the clear, I've heard on good authority that bears don't like teriyaki and rice.

  5. Going to ride sunday 8-21

    in Events

    Posted

    That involves prepping the SV.

    Besides, why ride around my shitty $4k bike, when I can ride one I'll never be able to own on their tires, gas, and wear & tear? They're both vtwins, so it's 'like' being on my bike, with an extra 40 ponies.

  12. Harbor Freight - Drill Master 80-Piece Rotary Tool Kit $9 w/ Coupon Code

    in Dumpster

    Posted

    Drill Master 80-Piece Rotary Tool Kit

    Anyone use these knockoff Dremmel's from Harbor Freight? Doesn't seem like a bad deal for all the accessories even if the rotary tool itself (which is included), ends up breaking after a couple uses. Any reviews/experience?

    Harbor Freight Tools continues to offer the Drill Master 80-Piece Rotary Tool Kit for $19.99. Coupon code "82201906" cuts it to $6.99. With $1.99 for shipping, that matches our mention from a week ago as the best price we've seen for any rotary tool kit. (It's also a current price low by $12.) Sales tax is added where applicable. It includes a 16,000 rpm 120-volt rotary tool, 25 cutoff wheel discs, 20 diamond burr bits, 10 grinding stones, four polishing cloth wheels, four sanding drum sleeves, and more.

    • Brand: Drill Master
    • Model Number: 97626

    Link straight to purchase: http://www.harborfreight.com/80-piece-rotary-tool-kit-97626.html?utm_medium=cse&utm_source=pricegrabber&hft_adv=40014&mr:referralID=e95db627-c854-11e0-891e-001b2166c2c0

    image_3916.jpg

  18. help stop National BAN on kid's motorcycles

    in Daily Ride

    Posted

    It’s legal to sell dirt bikes to kids again

    http://hellforleathermagazine.com/2011/08/it%E2%80%99s-legal-to-sell-dirt-bikes-to-kids-again/

    On Friday, President Obama signed an amendment to the Consumer Product Safety Improvement Act of 2008 into law, categorically excluding motorcycles and ATVs from the list of lead-containing, child-targeted products banned from sale. We broke the story that CPSIA would ban children’s bikes back in January, 2009, a move that’s estimated to have cost the industry up to $1 billion a year in lost sales. This news should mark a financial uptick for dealers and OEMs still struggling to move product post cheap credit. But, it could be a short lived lifeline. CPSIA was railroaded through congress back at the end of 2008 in a knee jerk reaction to all sorts of news stories about childrens toys from China containing unhealthy amounts of lead. As it was written, any product intended for use by people 12 years old or younger couldn’t contain even trace amounts of lead. This immediately became a problem for dirt bikes and ATVs, which use lead in batteries and in metal alloys used throughout their construction. Never mind that kids would probably have a hard time ingesting a frame or battery, the law was all-encompassing in its scope.

    Since that time there’s been a stay of enforcement granted by the federal government, but many OEMs and dealers held back on sales, as states could still selectively choose to enforce the law. This amendment permanently resolves that issue.

    Dealer News reports that many dealers and manufacturers are planning special promotions to celebrate the end of the ban, hopefully informing customers of the ruling and ending years of consumer confusion.

    But, even while bikes are now permanently excluded from the silly lead law, another problem is potentially arising. CPSIA also dictates that products intended for 12s and under must pass federal certification testing by November 27 of this year. Many companies are reporting a shortage of accredited labs capable of performing that testing, so some bikes and ATVs may again need be withdrawn from sale later this year. This further confusion and mandated testing is indicative of the increasingly difficult legislative waters the motorcycle industry must now navigate and imposes a further obstacle on the importation and sale of niche products. For consumers, each additional hurdle a new product must clear increases cost and reduces choice in the market place. Still, at least its again legal to put kids on brand new motorcycles.

    Also sorta in this thread: http://www.ohioriders.net/showthread.php?t=76616

    But Obama signed it, so there's gotta be something bad about it.

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