Politics Thread

[paulxu]

If they only use $100K and not $200K, perhaps you might consider a donation to the paulxu retirement fund?
(check with your accountant on the potential tax implications)

[bjf123]

If they only use $100K and not $200K, perhaps you might consider a donation to the paulxu retirement fund?
(check with your accountant on the potential tax implications)

Get started on that 501(c)(3) paperwork!


Sent from my iPhone using Tapatalk

[paulxu]

Get started on that 501(c)(3) paperwork!


Sent from my iPhone using Tapatalk

In process. Nigel assures me there's nothing to worry about.

[boozehound]

You'll be disappointed to hear that my oldest kid is only 7, so it's a while before I'll find out how much I need(ed). I'm disappointed that $100K a kid is unlikely to cover the total cost of their education!

[Smails]

You'll be disappointed to hear that my oldest kid is only 7, so it's a while before I'll find out how much I need(ed). I'm disappointed that $100K a kid is unlikely to cover the total cost of their education!

That's grotesque..

There's no way these costs can continue to go up at the same rate they have over the last 10 years...right?

I have a set limit for each of my 3 kids and the rest will be on them. The concept of fully paying for college is just not something my family has ever embraced. It started with my grandpa and went to my parents. They helped us (2 sibs), but ended up paying less than half when it was all said and done. We got jobs while in school, got some athletic money and took out loans for the rest. My sibs and I had student loans until we were 30, paid them off and moved on.

Because of that model, my parents were able to retire at a reasonable age and are really enjoying their back 9. I'm going to help my kids, but I'll be damned if I'm going to go into dire straits and not be able to enjoy a retirement that I've worked my ass off for. Kids need to have some skin in the game IMO.

[Strange Brew]

It’ll be interesting to see how the market reacts to the ridiculous cost. Could see young adults doing two years online at a JUCO while working a paid apprenticeship. Then deciding to finish out the last two years at a standard University or continuing their trade. This could be a great opportunity for schools to setup a trade/core course program for two years as a type of work/study on the cheap and then the students decide which path is best. Crazy idea now but then again so is $200k per kid.

[xu82]

That's a great plan for a responsible kid. I'd be a little concerned about giving a less responsible young adult the option of taking cash instead of tuition, but it sounds like it worked in this case. You could always offer a deal along the lines of "If you graduate from X University (in this case, Duke), you can take the rest of your college fund in the form of a down payment on a house".

I'm planning to give each of my kids a set amount for college: somewhere between $100K and $200K, but probably closer to $100K. It's not going to cover 4 years tuition + Room and Board at an expensive school, but that's kind of the point. I'd like for them to have some 'skin in the game' so that they aren't just screwing around. That $100K is also subject to my approval of their course of study - I'm not paying for bullshit majors or bad grades.

The bold part is critical! We were very fortunate to have purchased Florida pre-paid college plans when the kids were both in diapers. It was peanuts, like $2-4k and got them 4 years of tuition. Good grades helped some with the rest of the costs. Our son didn’t know what he wanted to major in (what 17-18 year old kid really does?), so almost by default he decided on “business”. My banker wife put her foot down and said “you will NOT just be another finance major, I don’t even LOOK at those job applications!” She shamed into a dual major of finance/accounting.

That was not enough to satisfy her or him, so he stayed another year for a Masters in accounting. Since the first 4 years were almost free, we footed the bill for that and he got his CPA designation.

He quickly learned he wanted out of accounting! Doing financial due diligence on acquisitions pays a fraction of what the guys earn who MAKE the deals. Time to go back to school (nights and weekends) to get his $80k+ MBA. THIS is where he finally got some skin in the game by getting student loans. We know he’s serious about it, and we have helped some, but I’m sure that he will appreciate it far more having been personally committed to it financially (even if we bail him out a bit later if/when kids start coming).

NOW, if he was trying to pursue a PhD in 16th Century Italian Art, have at it, but you’re on your own!

[Masterofreality]

No fan of Biden but you are ignoring the fact that a number of these issues were going to happen regardless who won.

No. They. Were. Not.

Inflation? Gas Prices? Embarrassing VP? The Border? Trump’s kid caught using the N-word numerous times? Supply chains disrupted because of too generous unemployment benefits keeping people home? Nah. No way.

[Masterofreality]

A Washington Post timeline on June 8,2020, (that's a year ago)reviewing the trouble on Lafayette Square, points out that the police were clearing the protestors so contractors could erect new barriers.

https://www.washingtonpost.com/inves...urch-photo-op/

Uh, the Washington Post, which is now routinely going back and editing published stories from the last 4 years to make them appear different, ran 2 stories on 6/4/20 and 6/11/20 comparing Lafayette Square and Trump to the Kremlin and Tienimen Square in China. They are the lowest of the lows in credibility now.
And the IG who cleared this up has an impeccable reputation under 4 different Presidents.
The Washington Post and NY Times on this story are full of it. And, of course, Paul still trusts them.

https://www.washingtonpost.com/world...-like-kremlin/

https://www.washingtonpost.com/world...sts-lafayette/

[bobbiemcgee]

Thx for the paywall articles. Guess you subscribe.



https://www.cnn.com/2021/06/10/polit...doj/index.html