BMW 1 Series Coupe Forum / 1 Series Convertible Forum (1M / tii / 135i / 128i / Coupe / Cabrio / Hatchback) (BMW E82 E88 128i 130i 135i)
 





 

Post Reply
 
Thread Tools Search this Thread
      07-15-2019, 09:43 AM   #45
Run Silent
Run Deep
Run Silent's Avatar
United_States
10368
Rep
2,922
Posts

Drives: Back and Forth To Work
Join Date: Mar 2017
Location: The Mountains

iTrader: (0)

Garage List
Quote:
Originally Posted by Schwarzschild Radius View Post
Meh - you are both right, and wrong. The bottom line is that the census has asked about citizenship for most years at some point or another. As such, this shouldn't be the debacle that it is - but the news and many politicians have lied about it being racist and that is a bunch of shit.

https://www.census.gov/acs/www/about...n/citizenship/

https://cis.org/Richwine/History-Cen...ions-One-Table
Attached Images
 
__________________
Nou gaan ons braai!
Appreciate 2
      07-15-2019, 09:51 AM   #46
Schwarzschild Radius
Field Marshal of the Cosmos
Schwarzschild Radius's Avatar
United_States
7099
Rep
8,881
Posts

Drives: 135i DCT
Join Date: May 2017
Location: Agua Caliente

iTrader: (0)

Garage List
2012 135  [5.00]
Don't get me wrong....I'm all for the citizenship question. But being for or against it (and many other positions) should be based on facts, not some dumbass conspiracy theory bs.
__________________
I need some warm warming up stuff -LUPS
Appreciate 0
      07-15-2019, 10:16 AM   #47
MKSixer
Major General
MKSixer's Avatar
13423
Rep
6,857
Posts

Drives: 2015 BMW i8, E63 M6, 328d
Join Date: Jun 2015
Location: Southeast United States

iTrader: (0)

Garage List
2016 M4 GTS (Allotted)  [0.00]
2013 BMW 328d  [0.00]
2007 BMW M6  [5.00]
2015 BMW i8  [5.00]
Quote:
Originally Posted by Schwarzschild Radius View Post
Is the question there in any form in 2010? NO
Was it removed under his administration? YES

Edit: There are only a few instances when birthplace or citizenship weren't asked. And the only time in over 150 years that either of the 2 weren't asked was under Mr. Obama.
__________________
Quote:
Originally Posted by jtodd_fl View Post
Hell, I get random sausage attacks when I go anywhere.

Several actors have played James Bond, Sean Connery IS James Bond...
Appreciate 1
Run Silent10367.50

      07-15-2019, 10:25 AM   #48
Schwarzschild Radius
Field Marshal of the Cosmos
Schwarzschild Radius's Avatar
United_States
7099
Rep
8,881
Posts

Drives: 135i DCT
Join Date: May 2017
Location: Agua Caliente

iTrader: (0)

Garage List
2012 135  [5.00]
Quote:
Originally Posted by MKSixer View Post
Is the question there in any form in 2010? NO
Was it removed under his administration? YES

Edit: There are only a few instances when birthplace or citizenship weren't asked. And the only time in over 150 years that either of the 2 weren't asked was under Mr. Obama.
See Running Silent response.
__________________
I need some warm warming up stuff -LUPS
Appreciate 0
      07-15-2019, 11:02 AM   #49
cjb762
Lieutenant
United_States
507
Rep
563
Posts

Drives: 2013 135is, MG 6MT
Join Date: Jun 2010
Location: Crozet, VA

iTrader: (1)

Quote:
Originally Posted by Run Silent View Post
Meh - you are both right, and wrong. The bottom line is that the census has asked about citizenship for most years at some point or another. As such, this shouldn't be the debacle that it is - but the news and many politicians have lied about it being racist and that is a bunch of shit.
And Chief Justice Roberts apparently believes the trump administration lied about why they wanted to include the question, and that is a bunch of shit as well.
Appreciate 0
      07-15-2019, 06:08 PM   #50
jmg
Major General
jmg's Avatar
United_States
6897
Rep
8,224
Posts

Drives: F80 M3 CS, I01 i3 REx LCI
Join Date: Mar 2013
Location: Orange County, CA

iTrader: (0)

Garage List
I think if we had a blue candidate with a questionable tax history that the res would like to take down, looking at tax returns would be a high priority. As if the reps are somehow morally incorruptible? That's a joke and so is this thread.
__________________
F80 ///M3 CS - Lime Rock Grey Metallic - M Performance Exhaust | I01 i3 REx - LCI
Previous: F80 M3 | I01 i3 REx | F30 340i M Sport ZTR | F30 328i Sport | Audi B7 S4 25Quattro #33 of 250 | E21 320i

Appreciate 0
      07-15-2019, 06:15 PM   #51
jmg
Major General
jmg's Avatar
United_States
6897
Rep
8,224
Posts

Drives: F80 M3 CS, I01 i3 REx LCI
Join Date: Mar 2013
Location: Orange County, CA

iTrader: (0)

Garage List
Quote:
Originally Posted by Schwarzschild Radius View Post
Don't get me wrong....I'm all for the citizenship question. But being for or against it (and many other positions) should be based on facts, not some dumbass conspiracy theory bs.
Quote:
Originally Posted by MKSixer View Post
Is the question there in any form in 2010? NO
Was it removed under his administration? YES

Edit: There are only a few instances when birthplace or citizenship weren't asked. And the only time in over 150 years that either of the 2 weren't asked was under Mr. Obama.
The inclusion of the citizenship question can be, but is not necessarily always, influenced by xenophobia, racism, or nationalism. The pratfall of including the question is the possibility of an inaccurate census and misdistribution of federal funding and representation. Republicans want it in so that it can take away seats for the democrats. Democrats wanted it out so they can keep their seats. Local government wants them out so they can keep their funding. Racists want it in so they can weed out the brown skinned devil. Liberals want it out because they don't understand how immigration works.

I'm simplifying, but everyone is a little bit right and a little bit wrong.
__________________
F80 ///M3 CS - Lime Rock Grey Metallic - M Performance Exhaust | I01 i3 REx - LCI
Previous: F80 M3 | I01 i3 REx | F30 340i M Sport ZTR | F30 328i Sport | Audi B7 S4 25Quattro #33 of 250 | E21 320i

Appreciate 1
MKSixer13423.00

      07-15-2019, 08:40 PM   #52
irishbimmer
Lieutenant Colonel
1125
Rep
1,569
Posts

Drives: Silverstone M6 CP, Bulldozer,
Join Date: Sep 2013
Location: Orange County, CA

iTrader: (0)

Quote:
Originally Posted by Run Silent View Post
Meh - you are both right, and wrong. The bottom line is that the census has asked about citizenship for most years at some point or another. As such, this shouldn't be the debacle that it is - but the news and many politicians have lied about it being racist and that is a bunch of shit.

https://www.census.gov/acs/www/about...n/citizenship/

https://cis.org/Richwine/History-Cen...ions-One-Table
I believe the issue the Supreme Court saw with all this as a transparent tool to set up additional gerrymandering for political advantage. That's what I heard.
__________________
"People are entitled to their own opinions but not their own facts"
Appreciate 0
      07-16-2019, 11:33 AM   #53
UncleWede
Long Time Admirer, First Time Owner
UncleWede's Avatar
United_States
7366
Rep
7,084
Posts

Drives: E90 325i Arctic
Join Date: Jun 2005
Location: Oxnard, CA

iTrader: (0)

I'm not even an elected official, but I get to spend public funds. As such, I am required to fill out a Form 700, which lists all my potential and real income sources in the local area. You don't get to see my tax returns though.

There should be a federal equivalent, and then you can see all my potential conflicts of interest. Joekerr we are looking at you!
Appreciate 0
      07-16-2019, 11:47 AM   #54
TheWatchGuy
Major
TheWatchGuy's Avatar
1803
Rep
1,373
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by cjb762 View Post
Ok, but what about the fact that the IRS had Nixon's returns but the fraud wasn't found until he released his returns to the house judiciary committee? And what about the fact that New York revenue service had his returns for a long time, but the trump family tax fraud wasn't discovered until some NYT reporters spent a huge amount of time conducting a thorough investigation. I appreciate the fact that you guys hold a government agency (IRS) in such high regard, but I think you might be giving them a little too much credit. As one of you pointed out, people like trump hire experts exactly to hide things from the IRS.

And forget about any fraud that might be found in his federal taxes for a second (we already know fraud was found in his NY taxes). What about the fact that he lied (and constantly lies) about his business success. Part of trumps appeal to some voters was that he was hugely successful. If you had known that he had lost a billion dollars - and LIED about it - before the election, would that really not have made any difference to you?

On second thought, I guess it probably wouldn't. I mean, sexual assault didn't make a difference. Marital infidelity with a porn star didn't make any difference. I suppose at this point he literally could shoot someone in Times Square and it wouldn't make any difference.

It appears that TDS is real, but it's not people like me that have it - it's you guys.
i take it you dont understand how depreciation and valuing of assets works? Since you keep referencing this billion dollar loss that is mostly due to depreciation of assets.

My equipment is on a depreciation schedule that gets good size equipment losses during certain years. its how the game is played.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      07-16-2019, 11:57 AM   #55
TheWatchGuy
Major
TheWatchGuy's Avatar
1803
Rep
1,373
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by jmg View Post
I think if we had a blue candidate with a questionable tax history that the res would like to take down, looking at tax returns would be a high priority. As if the reps are somehow morally incorruptible? That's a joke and so is this thread.
you may be right moving forward, as we have become a tit-for-tat society. Since dems bitched and moaned about taxes for trump, reps will now do the same when a dem doesnt release theirs. And it will be so awesome watching these tards flip their attitude a complete 180. Much like they did regarding the electoral college pre and post 2016 election.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      07-16-2019, 12:27 PM   #56
cjb762
Lieutenant
United_States
507
Rep
563
Posts

Drives: 2013 135is, MG 6MT
Join Date: Jun 2010
Location: Crozet, VA

iTrader: (1)

Quote:
Originally Posted by TheWatchGuy View Post
i take it you dont understand how depreciation and valuing of assets works? Since you keep referencing this billion dollar loss that is mostly due to depreciation of assets.

My equipment is on a depreciation schedule that gets good size equipment losses during certain years. its how the game is played.
Totally agree that there was some depreciation, but "mostly due" to it?

“Some fraction of Donald Trump’s losses can be attributed to depreciation,” Susanne Craig, one of the authors of the Times piece, wrote in a tweet, responding to Trump. “We found most of it was just bad business.”

Edit: "If you don’t find this argument entirely convincing, or you think it’s a bit difficult to evaluate without access to Trump’s actual tax returns, look at things another way. Apply the cash test. Ultimately, the real test of any business is how much cash it generates over the years. If it’s a good, well-run business, it will throw off cash. If it isn’t, it won’t. Taken over all, Trump’s businesses didn’t generate much cash. Instead, they groaned—and, in some cases, collapsed—under the burden of all the debt that he took on to purchase them. And Trump himself came perilously close to going bankrupt."

Last edited by cjb762; 07-16-2019 at 12:34 PM..
Appreciate 0
      07-16-2019, 12:57 PM   #57
Run Silent
Run Deep
Run Silent's Avatar
United_States
10368
Rep
2,922
Posts

Drives: Back and Forth To Work
Join Date: Mar 2017
Location: The Mountains

iTrader: (0)

Garage List
Quote:
Originally Posted by cjb762 View Post
Totally agree that there was some depreciation, but "mostly due" to it?

“Some fraction of Donald Trump’s losses can be attributed to depreciation,” Susanne Craig, one of the authors of the Times piece, wrote in a tweet, responding to Trump. “We found most of it was just bad business.”

Edit: "If you don’t find this argument entirely convincing, or you think it’s a bit difficult to evaluate without access to Trump’s actual tax returns, look at things another way. Apply the cash test. Ultimately, the real test of any business is how much cash it generates over the years. If it’s a good, well-run business, it will throw off cash. If it isn’t, it won’t. Taken over all, Trump’s businesses didn’t generate much cash. Instead, they groaned—and, in some cases, collapsed—under the burden of all the debt that he took on to purchase them. And Trump himself came perilously close to going bankrupt."
I think you are just trying to find random things to feed your TDS.

Look, Trump is a buffoon and there are plenty of places to criticize him, but this isn't likely one of them.

As a reference, my company - as of 5/31/2019 - has recorded ($123,219,901) of DDA and had EBIT of $32,949,164 and we are extremely profitable. It wouldn't take much of a bad quarter to be in a loss position where nearly all of it would be attributable to depreciation, depletion, and amort.

Just an FYI.
__________________
Nou gaan ons braai!
Appreciate 1
      07-16-2019, 01:10 PM   #58
cjb762
Lieutenant
United_States
507
Rep
563
Posts

Drives: 2013 135is, MG 6MT
Join Date: Jun 2010
Location: Crozet, VA

iTrader: (1)

Quote:
Originally Posted by Run Silent View Post
I think you are just trying to find random things to feed your TDS.

Look, Trump is a buffoon and there are plenty of places to criticize him, but this isn't likely one of them.

As a reference, my company - as of 5/31/2019 - has recorded ($123,219,901) of DDA and had EBIT of $32,949,164 and we are extremely profitable. It wouldn't take much of a bad quarter to be in a loss position where nearly all of it would be attributable to depreciation, depletion, and amort.

Just an FYI.
Hey man, don't explain it to me, I didn't write the article. Plus I obviously don't understand depreciation and am only trying to find random things to feed my TDS.

Go tell Susanne Craig how she screwed it all up.
Appreciate 0
      07-16-2019, 01:18 PM   #59
Run Silent
Run Deep
Run Silent's Avatar
United_States
10368
Rep
2,922
Posts

Drives: Back and Forth To Work
Join Date: Mar 2017
Location: The Mountains

iTrader: (0)

Garage List
Quote:
Originally Posted by cjb762 View Post
Hey man, don't explain it to me, I didn't write the article. Plus I obviously don't understand depreciation and am only trying to find random things to feed my TDS.

Go tell Susanne Craig how she screwed it all up.
Susanne Craig is a financial moron. She is a news reporter from Canada with a degree in Canadian Government. How she thinks she knows more about financial statements and SEC Form 10K & 10Q specific guidance than those who draft them (like me) simply shows her arrogant self righteousness.

/rant over
__________________
Nou gaan ons braai!
Appreciate 1
      07-16-2019, 02:10 PM   #60
TheWatchGuy
Major
TheWatchGuy's Avatar
1803
Rep
1,373
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by Run Silent View Post
I think you are just trying to find random things to feed your TDS.

Look, Trump is a buffoon and there are plenty of places to criticize him, but this isn't likely one of them.

As a reference, my company - as of 5/31/2019 - has recorded ($123,219,901) of DDA and had EBIT of $32,949,164 and we are extremely profitable. It wouldn't take much of a bad quarter to be in a loss position where nearly all of it would be attributable to depreciation, depletion, and amort.

Just an FYI.
stop that. you are going to confuse him with facts and logic.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      07-16-2019, 02:24 PM   #61
cjb762
Lieutenant
United_States
507
Rep
563
Posts

Drives: 2013 135is, MG 6MT
Join Date: Jun 2010
Location: Crozet, VA

iTrader: (1)

Quote:
Originally Posted by TheWatchGuy View Post
stop that. you are going to confuse him with facts and logic.
oh, 100% I hate facts and logic. Trump tweets and conspiracy theories are much more likely to get you to where you want to be.

I'm telling you, you guys are trying to convince the wrong people - wasting your precious time and immense talent with mindless little anonymous peons on an internet board. Here is the article I was citing: https://www.newyorker.com/news/our-c...were-very-real

Go give 'em hell!!
Appreciate 0
      07-16-2019, 02:33 PM   #62
TheWatchGuy
Major
TheWatchGuy's Avatar
1803
Rep
1,373
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by cjb762 View Post
oh, 100% I hate facts and logic. Trump tweets and conspiracy theories are much more likely to get you to where you want to be.

I'm telling you, you guys are trying to convince the wrong people - wasting your precious time and immense talent with mindless little anonymous peons on an internet board. Here is the article I was citing: https://www.newyorker.com/news/our-c...were-very-real

Go give 'em hell!!
i read the opinion piece disguised as a news article.

glad you use things like that to form your "reality"
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      07-16-2019, 02:51 PM   #63
cjb762
Lieutenant
United_States
507
Rep
563
Posts

Drives: 2013 135is, MG 6MT
Join Date: Jun 2010
Location: Crozet, VA

iTrader: (1)

Quote:
Originally Posted by TheWatchGuy View Post
i read the opinion piece disguised as a news article.

glad you use things like that to form your "reality"
I am sincerely always happy to hear other points of view. Go do the detailed research yourself using primary sources, write your counterpoint article, and I will be the first one to read it!

In all seriousness, the article may very well have been written by someone with a vendetta (and no understanding of depreciation), and Susanne Craig may be a moron hack, but I don't have any proof of that currently available. In the meantime, if Craig says that her actual research showed that most of it was just bad business, i'm going to give her the benefit of the doubt until i see something that convinces me otherwise.
Appreciate 0
      07-16-2019, 03:00 PM   #64
Run Silent
Run Deep
Run Silent's Avatar
United_States
10368
Rep
2,922
Posts

Drives: Back and Forth To Work
Join Date: Mar 2017
Location: The Mountains

iTrader: (0)

Garage List
Quote:
Originally Posted by cjb762 View Post
i'm going to give her the benefit of the doubt until i see something that convinces me otherwise.
Here ya go, this was the worst period as it was directly during ReOrg.

https://www.sec.gov/Archives/edgar/d...53345/d10k.htm

You will notice that with exception of one year where NI was positive, DDA offset the NOL by just about 100%.

As such, when comparing EBIT to EBITDA, the company would have moved from a net loss to a net income position, solely based on depreciation, depletion, and amortization expense.
__________________
Nou gaan ons braai!
Appreciate 0
      07-16-2019, 03:01 PM   #65
Schwarzschild Radius
Field Marshal of the Cosmos
Schwarzschild Radius's Avatar
United_States
7099
Rep
8,881
Posts

Drives: 135i DCT
Join Date: May 2017
Location: Agua Caliente

iTrader: (0)

Garage List
2012 135  [5.00]
Quote:
Originally Posted by TheWatchGuy View Post
i read the opinion piece disguised as a news article.

glad you use things like that to form your "reality"
Who loses $100million a year in depreciation?
__________________
I need some warm warming up stuff -LUPS
Appreciate 0
      07-16-2019, 03:09 PM   #66
cjb762
Lieutenant
United_States
507
Rep
563
Posts

Drives: 2013 135is, MG 6MT
Join Date: Jun 2010
Location: Crozet, VA

iTrader: (1)

Quote:
Originally Posted by Run Silent View Post
Here ya go, this was the worst period as it was directly during ReOrg.

https://www.sec.gov/Archives/edgar/d...53345/d10k.htm

You will notice that with exception of one year where NI was positive, DDA offset the NOL by just about 100%.

As such, when comparing EBIT to EBITDA, the company would have moved from a net loss to a net income position, solely based on depreciation, depletion, and amortization expense.
Hey - thanks!

TheWatchGuy, what do you think about this?
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:41 AM.




1addicts
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2019, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST