Re: Flounder incident sounded real


"tHeReALjeWitCH" <tHeReALjeWitCH@xxxxxxxxxxx> wrote in message
news:n_ednblwtNewcpnVnZ2dnUVZ_gmdnZ2d@xxxxxxxxxxxxxxx

"Drumrboy" <drumboy@xxxxxxx> wrote in message
news:4804d5b5$0$25019$607ed4bc@xxxxxxxxx
On 2008-04-15 10:04:45 -0400, "tar~bal" <base@xxxxxxxxxx> said:


"marrone" <marrone.m@xxxxxxxxx> wrote in message
news:743f03f1-a594-4204-8fa6-a9a172e3774a@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Apr 15, 8:34 am, DVD <D...@xxxxxxx> wrote:
tar~bal wrote:
"DVD" <D...@xxxxxxx> wrote in message
news:4803ac43$0$20177$4c368faf@xxxxxxxxxxxxxxxxx

tar~bal wrote:

"Van Nostrand" <u...@xxxxxxxxxxx> wrote in message
news:_XMMj.1638$7Z2.48@xxxxxxxxxxxxxxxxxxxxxxxxxxxxx

tar~bal wrote:

Ok, a loan is considered income.

And don't forget, a higher interest rate equals a greater income.

I didn't realize the depth of stupidity, but the fact that these
people
are thinking that a loan is part of this guy's income has me
floored.
Seriously, the line of thinking here would stand to reason that
since
the
guy was planning on defaulting on his credit card, his income would
be
whatever his credit limit was.

What you see here is exactly the reason that there are people that
are
getting wailed on by their mortgages. DVD and Marrone probably
went
out
and got ARMS at 0.5% that were at the upper end of what they could
afford
and are now expecting the government to bail them out because their
payments mysteriously went up.

Typical Howard Stern listeners, I'd say.

You make yourself seem dumber every time you try to defend your
ignorance.
Is there at least ONE accountant down there in your trailer park?
Take
a
walk over to his trailer and ask him how a business owner can use a
loan
to defer income, hide income, take money out of a company while
still
showing that money as a company asset. In this case it looks like
Artie
paid his guy as a 1099 sub with a combination of fees, loans and
expenses.
Possibly to keep him in a lower tax bracket allow him to write off
more
and avoid payroll taxes and disability and comp. I know you are too
far
into your idiot opinion now to even realize you are wrong, but you
are.

Typical redneck, I'd say. Here in the big city we can't trade our
labor
for dental work and chickens like you can, so I don't expect you to
understand.

Just so you know, here's the information given:

i worked and lived in Manhattan...26k is not that low. Plus, you are
ignoring the fact that Artie gave him a 8k bonus, and a 8k loan. So
it
is
was more like 40k...plus he promised him a raise this year to 46k.
So,
that is fair...more than fair.

Now for the only questions that need to be answered:

1. 26k + 8k + 8k = ?
Not 40k.

2. Where in the equation is it alluded to that the loan wasn't going
to be
paid back? It was called a loan. Define loan.

3. The rest of your information is speculative. You could have just
as
easily said that Artie paid him 26k pounds which is roughly worth
twice
that
of a dollar, so in essence he was making around 52k American a year.

Idiot.

My info was from what I heard in the clip, he got a loan and wasn't
going to pay it back. The rest of your post is just you arguing
nonsense that you made up yourself. Anyone who reads your posts
already
knows how stupid and stubborn you are, admitting you are wrong won't
hurt your reputation. It seems that you are the only one who doesn't
realize that you are the dumbest participant in every conversation you
have.

The funniest thing is that he is so wrong that even Hoppy can't come
to his defense.

Bottom line this thread proves that GayRat doesn't own a construction
business.



Whoever said the above, YOU are the one who is wrong, I personally know
he owns a construction company.


I don't concern myself with these little people that are trying to troll me.
They're fun for a few minutes a day, then they start repeating their same
stupid crap over and over.

Encouraging them only drains what little funny is left out of the
newsgroup...


.

Relevant Pages

  • Re: usury?
    ... aquire a share in any investment, ... you've converted the business venture back into a loan. ... you record the income received from such an arrangement - is it income, ... Otherwise it will be a partnership ...
    (soc.culture.jewish.moderated)
  • Re: Flounder incident sounded real
    ... are thinking that a loan is part of this guy's income has me ... guy was planning on defaulting on his credit card, his income would ... ignoring the fact that Artie gave him a 8k bonus, ... paid back? ...
    (alt.fan.howard-stern)
  • Re: Flounder incident sounded real
    ... a higher interest rate equals a greater income. ... are thinking that a loan is part of this guy's income has me floored. ... In this case it looks like Artie ... paid his guy as a 1099 sub with a combination of fees, ...
    (alt.fan.howard-stern)
  • Re: Flounder incident sounded real
    ... are thinking that a loan is part of this guy's income has me ... paid back? ... stupid crap over and over. ...
    (alt.fan.howard-stern)
  • Re: usury?
    ... aquire a share in any investment, ... real estate or business which I own. ... you've converted the business venture back into a loan. ... you record the income received from such an arrangement - is it income, ...
    (soc.culture.jewish.moderated)