Mercer county state bank cd rates

advice needed

2023.05.28 07:01 threeball17 advice needed

I attend undergrad at a non-target state school. My degree is in Economics, and I planned on pursuing a career in law. In my junior year, I added a Finance degree and it has really opened me up to the world out there, however, because I joined late, I feel like I have missed my opportunity, because I see my friends landing IB, PE, and WM jobs/internships.
As I head into my senior year, I began studying the LSAT, yet I seem to care less about law the more I see the fields in Finance provide better salaries and careers.
I have experience as a judicial clerk and at a marketing firm but doubt this will get me into some prolific finance careers. This summer, I do have an opportunity to work for the State Govt on loans and interest rates, maybe that can translate to banking?
Should I continue on with law, pursue an MBA to get more time to experience finance, pursue CFA/CFP?
Any advice will help. Thanks.
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2023.05.28 05:45 99awesomer Questions about CH13

I am a single mom with a 19yo child who is living with me while going to college full time. A year and a half ago I bought her a car, which she totaled last week. Fortunately the value was higher than the payoff so I’m good there. The thing is, even without the $475 a month payment I’m still underwater. There is no way I can get her another car. Even without her car payment, I’m literally only months from not being able to make even the minimum payments on my credit cards.
I applied for a debt consolidation loan but was declined. I tried to get a zero interest balance transfer card but was approved with a limit that’s half the balance of my lowest debt…so it would just add a payment and I’d end up paying interest at a higher rate when the introductory period ends. These attempts just dropped my credit score more making me even less able to get any kind of consolidation loan.
I spoke to a mortgage broker about a cash out refinance. She said I’m eligible for a HELOC but it’s unlikely to be for enough to cover the debt. I researched using a HELOC and velocity banking and it looks like a trap that could end up with me losing my house.
I’ve been reading this subreddit and some other articles about filing chapter 13. Not CH7 because I make too much and should be able to pay the debt off (once it isn’t accumulating interest and growing exponentially).
My details:
State - Alabama Salary - $100k Mortgage - $264k / 3.25% / $1554.05 pmt (House is worth about $325k - $360k and I’m eligible to request they drop PMI in December).
One car loan (now) $9646 balance/ 4.99% / $320 pmt. Value is about what I owe.
401k loan $20k balance / $520/mo pmt CC Debt - $49k / pmts equal $1559
This means: Monthly net income - $4888 Monthly expenses- $4297
Nothing is behind …..yet.
My questions are:
-how long did the process take from the day you walked into a lawyers office to the day you started making payments?
-I have a cc with a zero balance I use for reimbursable expenses when I travel for work. Would I be able to keep it?
-is there anything I could/should do before I go see a lawyer?
Thank you to anyone who read this far and for any advice you can offer!
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2023.05.28 03:52 old_lump_of_coal How should I follow up and protect my accounts after a sketchy bank experience?

I went to a Chase bank after moving to the Bay Area to learn about opening a new checking and savings account since the bank I currently use is a small bank from my hometown (far away). The “relationship banker” walked me into his cubicle where I sat across from him at his desk.. He asked if I already had an account, I replied yes a credit card.. He asked for my credit card and drivers license.. which I handed over. He looked up my account and mentioned there were some offers to start a new account if I set up direct deposit etc… there was another offer for an additional 200 if I kept a balance greater than 15k. He asked what I planned to keep as an average daily balance in my savings+checking and I replied around 60K. We talked about the savings account interest rates and CD rates etc… i realized to open the accounts and add that balance, I would need to wire money which wasn’t possible until a weekday.
I then communicated that I wanted to hold off opening an account until a weekday due to my hometown bank being closed..
I promised to come back later in the week and asked him to print out the details of the CDs and checking/savings account terms and offers for me to read in the meantime… at this point, my license and credit card were sitting on the desk in front of him..
he then proceeded to pick up both my license and credit card from the desk and walk to the back room presumably where the printer is located, looking over his shoulder a little as he walked… I thought it was odd to take my card and ID but didn’t speak up in time to stop him..
he was gone for at least 5 minutes and then came back with the printed papers and my card and license in hand.
I asked him if the documents had anything to do with my license or card.. he said no, and that he just brought them with him but didn’t offer an explanation while looking a little embarrassed… I was in shock about this answer because it didn’t make sense and confirmed my fear that it was unnecessary to bring my stuff to the back room. At that time, I didn’t ask the obvious follow up question being, “why did you take them then?”…
I left with the documents and got nervous about what he could have done in the backroom.. my fear is that he took a photo of the front and back of both my license and credit card because he had absolutely no reason to bring them..
This experience was very strange, and unnerving since he is an employee at one of my banks… I mean, a random hacker would have a tough time piecing together all my personal info, but a bank employee can view everything including SSN, address, zip code, birthdate.. with a picture of my license, he can probably do worse…
What is my risk? And what are some recommendations for how to deal with this situation? The bank is closed until Tuesday.. what should I do when the bank opens?
What should I do in the mean time?? I need to use the card this weekend since I don’t actually use a debit card or cash.
TL;DR A bank employee took my license and credit card to the back room for 5 minutes, despite having no business purpose for taking them out of my sight and admitted there was no reason. This was after telling him I was planning to transfer a sizable amount of money.. what do I do?
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VANCOUVER, British Columbia, March 31, 2023 (GLOBE NEWSWIRE) -- Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (" Pan American " or the " Company ") and Yamana Gold Inc. (TSX: YRI; NYSE: AUY; LSE: AUY) (" Yamana ") are pleased to announce that Pan American has completed its previously announced acquisition of all of the issued and outstanding common shares of Yamana (" Yamana Shares "), following the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle Mines Limited (" Agnico Eagle "), by way of a plan of arrangement (the " Arrangement ") under the Canada Business Corporations Act
"This acquisition is transformative for Pan American, significantly increasing the scale of our operations in Latin America where we have been operating for nearly three decades," said Michael Steinmann, President and Chief Executive Officer of Pan American. "We expect a material increase in our production of silver and gold, while we continue to provide a preferred way to invest in silver through large silver mineral reserves and growth opportunities, further enhanced by the increase in our market capitalization and trading liquidity. The acquisition is firmly aligned with our strategy of creating value by pursuing attractive growth opportunities, improving operating margins and extending mine life."
The Arrangement adds four producing mines to Pan American's portfolio: the Jacobina mining complex in Brazil, the El Peñón and Minera Florida mines in Chile, and the Cerro Moro mine in Argentina. It also adds the MARA development project in Argentina.
Pan American plans to provide a 2023 operating outlook inclusive of the Latin American assets acquired through the Arrangement, as well as a consolidated forecast for annual general and administrative, exploration and project development costs, in the mid-second quarter of 2023.
Transaction consideration
Pursuant to the Arrangement, Yamana shareholders received, in respect of each Yamana Share held, US$1.0406 in cash paid by Agnico Eagle, 0.0376 of a common share of Agnico Eagle (each whole share, an " Agnico Eagle Share ") and 0.1598 of a common share of Pan American (each whole share, a " Pan American Share "). In aggregate, Yamana shareholders received US$1,001,302,560 in cash, 36,177,931 Agnico Eagle Shares and 153,758,280 Pan American Shares pursuant to the Arrangement. Upon closing of the Arrangement, existing Pan American shareholders own approximately 58% of the Pan American Shares and former Yamana Shareholders own approximately 42% of the Pan American Shares.
Full details of the Arrangement and certain other matters are set out in the management information circular of Pan American dated December 20, 2022, which can be found under Pan American’s profile on SEDAR at and EDGAR at
Delisting of Yamana Shares
The Yamana Shares are expected to be delisted from the Toronto Stock Exchange as of the closing of the market on April 3, 2023, and from the New York Stock Exchange as of the opening of the market on April 3, 2023. The depositary interests of Yamana were suspended from trading on the London Stock Exchange as of the opening of the market on March 27, 2023, and are expected to be formally delisted from the London Stock Exchange and cancelled from the UK Financial Conduct Authority’s Official List as of the opening of the market on April 3, 2023. Pan American is in the process of applying for Yamana to cease to be a reporting issuer under applicable Canadian securities laws and to otherwise terminate Yamana’s public reporting requirements.
Pan American's revolving credit facility and establishment of term credit facility
Pan American has further amended and restated its existing US$500 million sustainability-linked credit agreement (the " Existing Credit Facility "), which has been increased to US$750 million. In addition, a delayed-draw term loan facility in the amount of US$500 million has been established, which will be permanently cancelled and reduced to zero if it is not drawn within 60 days of today’s date. Pan American’s new amended and restated sustainability-linked credit facility (the " Amended Revolving Credit Facility ") is led by BMO Capital Markets, The Bank of Nova Scotia and Canadian Imperial Bank of Commerce as Joint Lead Arrangers and Joint Bookrunners, and Bank of Montreal, as administrative agent.
As at March, 31 2023, Pan American had drawn US$325 million under the Amended Revolving Credit Facility, which was used to repay the US$103 million drawn on the Existing Credit Facility, fund closing costs associated with the Arrangement and to repay, in full, and cancel Yamana's revolving credit facility, under which US$205 million had been drawn.
Board of Director Changes
In connection with the Arrangement, Pan American has identified three members of the former board of directors of Yamana who will be nominated for election to the board of directors of Pan American (the " Pan American Board ") at the upcoming annual general and special meeting of Pan American (the " Meeting "), being John Begeman, Alexander Davidson, and Kimberly Keating. In addition, Michael Carroll will not be standing for re-election at the Meeting, and Chantal Gosselin will be nominated for election at the Meeting. The Meeting is expected to occur on May 10, 2023.
About Pan American
Pan American is a leading producer of precious metals in the Americas, operating silver and gold mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile and Brazil. We also own the Escobal mine in Guatemala that is currently not operating. We have been operating in the Americas for nearly three decades, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS". Learn more at
For more information about Pan American contact:
Siren Fisekci
VP, Investor Relations & Corporate Communications
Ph: 604-806-3191
Email: [[email protected]](mailto:[email protected])
Cautionary Note Regarding Forward-Looking Statements and Information
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things, that we expect a material increase in our production of gold and silver; that there will be an increase in our market capitalization and trading liquidity; that the Yamana Shares are expected to be delisted from the Toronto Stock Exchange on April 3, 2023, the New York Stock Exchange on April 3, 2023 and the London Stock Exchange on April 3, 2023; that the Yamana Shares are expected to be cancelled from the Financial Conduct Authority’s Official List on April 3, 2023; statements regarding the timing of operating outlook and forecast updates; statements regarding interest rates that may apply under the Amended Revolving Credit Facility; statements relating to cancelling the delayed-draw term loan facility; statements regarding an investment grade credit rating; that the Meeting is expected to occur on May 10, 2023; and that John Begeman, Alexander Davidson, Kimberly Keating and Chantal Gosselin will be nominated for election at the Meeting.
These forward-looking statements and information reflect Pan American’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by Pan American, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. Pan American cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and Pan American has made assumptions and estimates based on or related to many of these factors. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the duration and effect of local and world-wide inflationary pressures and the potential for economic recessions; the duration and effects of COVID-19, and any other pandemics on our operations and workforce, and the effects on global economies and society; fluctuations in silver, gold and base metal prices; fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation); fluctuations in currency markets (such as the PEN, MXN, ARS, BOB, GTQ and CAD versus the USD); operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom Pan American does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards; employee relations; relationships with, and claims by, local communities and indigenous populations; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations and government practices in the jurisdictions where we operate, including environmental, export and import laws and regulations; changes in national and local government, legislation, taxation, controls or regulations and political, legal or economic developments in Canada, the United States, Mexico, Peru, Argentina, Bolivia, Guatemala, Brazil, Chile or other countries where Pan American may carry on business, including risks relating to expropriation and risks relating to the constitutional court-mandated ILO 169 consultation process in Guatemala; diminishing quantities or grades of mineral reserves as properties are mined; increased competition in the mining industry for equipment and qualified personnel; the ability of Pan American and Yamana to successfully integrate operations and employees and realize synergies and cost savings, and to the extent anticipated; and those factors identified under the heading "Risk Factors" in Pan American’s management information circular dated December 20, 2022 and under the heading “Risks Related to Pan American's Business” in Pan American’s most recent form 40-F and annual information form dated February 22, 2023, filed with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities, respectively.
Although Pan American has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Investors are cautioned against undue reliance on forward-looking statements or information. Forward-looking statements and information are designed to help readers understand management's current views of our near and longer term prospects and may not be appropriate for other purposes. Pan American does not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.
Universal Site Links
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2023.05.28 03:41 palocci The Brazilian "Secular Stagnation" and what Lula can do about it

The Brazilian
Here's another effortpost on Brazil! This time I'll be talking about why the Brazilian economy stagnated, and what we can expect from Lula in terms of economic policy (I've talked about this in the past but now I'll go into more detail).
Between 1920 and 1980, Brazil was a clear economic success story. For 60 years, our GDP grew at an average of 4% a year. This 'golden age' ended in a hyperinflation crisis, which made the 1980s become known as a 'lost decade', and since its resolution in 1994 with the Plano Real, our economy has experienced minimal growth: from 1980 to 2020, the average GDP growth rate was only 0.7%.
Evolution of the Brazilian per capita product, at 2010 prices, from 1900 to 2021. The scale of the graph is logarithmic in base 2.
In this post, I'll try to explain the reasons for Brazil's low growth in the last four decades and what Lula's plans are to address them.
The debate
Before delving into the actual causes of the "semi-stagnation", I would like to explain the economic debate in Brazil. This debate revolves around two major groups of economists: the "developmentalists" and the "liberals." The term "developmentalism" may be unfamiliar to many people here, but it is very present in Latin America. A decent explanation for it could be "dirigisme with Latam characteristics."
In short, liberalism in this context is associated with economic orthodoxy and a pro-market orientation in economic policy, while developmentalism leans towards economic heterodoxy and advocates for direct state interference in the economy. This debate is, in theory, separate from the traditional right versus left political divide, as we have had governments from both ends of the political spectrum adopting policies aligned with either school of thought. For instance, Lula I (2003-2007) represented a left-wing liberal government, while Geisel (1974-1979) presided over a right-wing developmentalist government. However, in practice, liberalism is associated with the right-wing while developmentalism is associated with the left-wing.
One area of major divergence between those two groups is full employment. Liberals argue that the Brazilian economy generally operates at full employment, which means that there are well-defined supply-side limits and restrictions in the economy, whereas developmentalists believe it tends to operate below that level. This implies that the economy's natural state is one of perpetual aggregate demand deficiency, and thus the government could just increase spending to mobilize idle production factors and stimulate economic growth.
Furthermore, liberals typically view direct state intervention in the economy with distrust, opposing increased public investments in infrastructure and most forms of industrial policy. Their preference generally leans towards reducing government spending and relying on a 'crowding in' effect, together with supply-side reforms. Conversely, developmentalists perceive state intervention as a necessity to stimulate the economy, favoring a robust industrial policy and increased public investments.
Those are significant oversimplifications, and many economists do not align themselves with either group. In any case, I would say this categorization reasonably represents the current debate.
It's a tradition in Brazil to divide ministries between liberals and developmentalists to ensure a balance between the two. The current Finance Minister, Fernando Haddad, believes in a middle ground approach, with some of his secretaries (e.g., Guilherme Mello) leaning more towards developmentalism, while others (e.g., Bernard Appy) lean more towards liberalism. Planning Minister Simone Tebet and Industry and Commerce Minister Geraldo Alckmin are firmly in the liberal camp. However, due to the nature of his ministry, Geraldo Alckmin will probably concede more to developmentalist policies (as he's already doing). Aloizio Mercadante, the President of the National Bank for Economic and Social Development (BNDES), is considered the leader of the developmentalist branch of the government, along with Workers' Party President Gleisi Hoffmann (some people jokingly refer to her as the main opposition to Fernando Haddad and the 'Twitter Shadow Finance Minister' due to some of her tweets).
Without further ado, let's get to the causes of Brazil's stagnation.
Guido Mantega (Finance Minister between 2006 and 2014) and Antônio Palocci (Finance Minister between 2003 and 2006). Mantega is associated to developmentalism and Palocci to liberalism.
First of all, the significant growth of the 20th century left a terrible educational legacy. Brazil only began to have a somewhat consistent educational policy in the 1990s and 2000s, when basic education was universalized. To put it into perspective, in 1990, the average number of years of schooling in Brazil was 3.8 years. Even Sub-Saharan African countries like Congo, Zimbabwe, and Zambia had higher average schooling levels than ours. Approximately a quarter of the population were illiterate.
The key change came with the 1988 Constitution, which decided that Brazil would try to become an European-style social democracy. Since then, considerable progress has been made, but clearly not enough. The main educational bottleneck lies in Elementary School II, which typically spans the ages of 12 to 15. It is during this stage in Brazil that the discrepancy between age and the appropriate grade level drastically increases, leading to higher rates of grade repetition and students falling behind in their education.
This problem is probably related to the transition from a single teacher trained in pedagogy in Elementary I to several specialists teaching only one subject. This transition also occurs at the onset of adolescence, which is naturally a turbulent phase already, with the introduction of drugs, alcohol and various forms of prejudice being normal. The result ends up being a distancing of the student from school.
Two Brazilian states, which have been governed by center-left parties for many years, serve as examples in Brazilian educational policy: Pernambuco and Ceará.
A highlight in Ceará is the Programa de Afabetização na Idade Certa (Program of Alphabetization in the Right Age), which aims to ensure that all students in the state's public school systems achieve literacy by the age of 7. The plan was based on the following pillars: (1) the elaboration of a specialized literacy curriculum that was adopted in all the municipalities, with structured materials for teachers and students containing a daily routine of classroom activities and homework assignments; (2) pedagogical practices to encourage reading in the classroom; (3) financial incentives for the municipalities that achieve better results in education; and (4) evaluation and monitoring of the program, with a census and diagnostic test that is applied at the beginning of every semester.
Pernambuco has implemented a Full-Time High School system that stands out. The system is based on the following pillars: (1) the introduction of a subject called "life project," which encourages students to create plans with goals and objectives for their lives; (2) guided study, providing a space for autonomy in learning and fostering self-directed learning skills; (3) hands-on, practical classes that combine theory and practice; (4) youth clubs, where collective interests of young people are pursued; (5) tutoring, where teachers (tutors) interact with students to support their development; and (6) full-time education, of course.
Both plans have been tremendous successes and could be implemented nationwide. The Member of Parliament Tabata Amaral has proposed the program "basic education like Ceará's, high school like Pernambuco's." We might see that put in practice. Izolda Cela, the mind behind Ceará's basic education plan, is the Executive-Secretary of the Ministry of Education, and the current Minister of Education is Camilo Santana, the governor of Ceará between 2014 and 2022.
Izolda Cela (Executive-Secretary of the Ministry of Education) and Camilo Santana (Minister of Education).
Public Investments
Furthermore, there is a general consensus that the significant decrease in public investment since 1980 explains part of the problem. During the Golden Age of Brazilian growth, public investment mounted to about 6% of GDP, whereas it currently stands at approximately 4% since the lost decade. Liberal economists tend to attribute this to the expansion of the welfare state, that came with a substantial increase in the tax burden (from 25% of GDP in the 1970s to 35% in 2000). On the other hand, developmentalist economists point to the decline in public savings due to the privatization of state-owned enterprises in the 1990s.
In his second government, Lula created the Programa de Aceleração do Crescimento (PAC) (Growth Acceleration Program), whose objective was precisely to expand public investments. Unfortunately, the plan ended up with highly controversial results, primarily due to the low administrative capacity of the Brazilian State and corruption (some like to call the plan the Corruption Acceleration Program!).
But now the Workers' Party has gained new experience. Many of its state governments became famous for extensive investment programs in partnership with the private sector, delivering positive results. Chief of Staff Rui Costa, in particular, had a successful experience with public-private investments during his tenure as the governor of Bahia. He is now expected to lead the "New PAC", which will probably be announced at some point between today and July. (The project still has no name and is provisionally being called "New PAC").
Here's what Rui Costa has said about the project: "We will have, in an unprecedented way, investments with Public Private Partnerships (PPIs) at the federal level. Many states, including Bahia, have made PPI projects. [...] We are negotiating with the Ministry of Finance the conditions for guarantees so that we can leverage these projects."
Lula wants to meet with the 27 state governors to determine which state projects the Union should prioritize for its investments. In recent weeks, Costa has held individual meetings with the state governments to define which projects will be included in the new PAC. In all, eight governors have already been heard.
In a speech on the May 1st holiday, Lula said the following about the project: "We are inviting foreign businessmen to invest in Brazil and we are showing them the great projects that we are going to present in the third PAC. It will be the largest infrastructure project in this country."
Former Governor of Bahia (2014 - 2022) and current Chief of Staff Rui Costa.
Another problem is the early deindustrialization that is taking place in Brazil: we are losing our industry before becoming rich. In the beginning of the lost decade, the industry accounted for one-quarter of the Brazilian GDP, whereas today it represents around one-tenth. The reason for this process is complex, and once again, economists disagree. Liberals point to the new form of production organization that emerged with globalization, where the manufacturing of goods was fragmented into different stages, each executed in different countries. According to this line of thinking, Brazil failed to adapt to the new industrial configuration and remained stuck in an unrealistic autarkic dream. On the other hand, developmentalist economists usually argue that after the end of hyperinflation, Brazil fell into a trap of having an overvalued currency and high interest rates, demolishing the industry's competitiveness. (I am more inclined towards the first thesis, although it is a fact that the Brazilian exchange rate was detrimental to the industry after the Real Plan).
Now I want to talk a little bit about the Brazilian industrial bourgeoisie and its problems. In the 1960s, the then sociologist and future president Fernando Henrique Cardoso published his thesis on the Brazilian industrial entrepreneurs. Based on his research, he concluded that Brazilian industrialists did not have any national project, and (1) "only cared about their personal interests when speaking on behalf of the class" and (2) "[their] political action consists of personal participation in the patrimonialist game." Brazil has a serious problem related to what we call 'patrimonialism,' which refers to the capture of resources from the Brazilian state to benefit private interests.
Unfortunately, industrial policy in Brazil often results in tax exemptions, subsidies, tariff protections, etc., for an inefficient, patrimonialist, and somewhat broken industry that was developed in the 20th century. The Workers' Party itself fell into this outdated corporatism while in power, especially during the first Rousseff administration (2011-2015). It is a shame that advocating for greater state involvement in the economy ends up becoming a defense of those interest groups.
In this sense, I find myself opposed to both liberals and developmentalists. While the latter end up promoting an agenda that only benefits private interests, albeit with good intentions, the former dismiss any state planning, believing in an 'economic abiogenesis.' Since 2016, we have been reducing the role of the state and waiting for a crowding in effect, but with no success. We need strong a industrial policy, but it has to be transparent and not perpetuate the old game of patrimonialism.
In the words of the brilliant economist Laura Carvalho: "We want a State that identifies ways to stimulate technological innovation and product development in partnership with the private sector. But this policy cannot become hostage to the existing private sector. We have remnants of our industry of the 20th century, for example the automobile industry, and when we do industrial policy, we end up just giving incentives to them. This is a state that does not choose winners, but rather is chosen by losers. Those who are struggling in the industry try to eat the resources of the state to survive."
Unfortunately, the signals from the new Lula government are quite negative. Industry and Commerce Minister Geraldo Alckmin recently announced a plan of incentives for the automobile industry, which is essentially the same program that has failed several times in the past. There are positive things coming from his ministry, but few of them have much to do directly with a well-made industrial policy. It's a shame.
His plans beyond industrial policy appear positive, as shown in the following excerpt, at least: "Brazil had an early deindustrialization. Europe also deindustrialized, but ours was precarious and severe. More than reindustrializing, we need a neo-reindustrialization. A central issue is the competitiveness agenda. There is a principle in medicine that says: suppress the cause and the effect ceases. We have to act on the causes of low growth. Our tax model generates an absurd cost for companies. It is not fair. We have an absurd judicialization that leads to legal insecurity and hinders exports. The whole world has a VAT (value added tax. I defend it. I think Haddad is doing well and I am a great enthusiast of the tax reform."
Probably more than any other politician of expression today, Haddad positions himself as a republican and talks about reducing the patrimonialist distortions of the Brazilian public budget. He talks about "closing the drains of what is called Brazilian patrimonialism" and "ending a series of abuses that have been committed against the fiscal base" of the country. He says that many sectors have been "overly" benefited "with rules established over the decades and that have not been reviewed by any outcome control. Many have expired from the point of view of efficiency, and need to be revoked."
Former Governor of São Paulo (2001 - 2006; 2010 - 2017) and current Vice-President of Brazil and Minister of Industry and Commerce Geraldo Alckmin.
Business Environment
Brazilian productivity has been stagnant for decades. What is causing this? The main suspect is the Brazilian tax system. There is an enormous complexity in the various indirect taxes (ISS, ICMS, PIS/Cofins, and IPI), which forces every company to have an excessively large department dedicated to tax payment. Additionally, numerous divergences of interpretation arise between the Federal Revenue, state authorities, and businesses. On every corner of our cities, there is a specialized tax law office to assist companies in dealing with the extremely high level of litigation in our taxation system. To make matters worse, our indirect taxes discourage investment in locations with higher social returns, as the tax complexity and special tax regimes artificially alter the profitability of investments and production. A general simplification of these taxes, with the adoption of a Value Added Tax, could have an impact on the economy's efficiency equivalent to the Plano Real, which ended hyperinflation.
Even beyond the tax issue, the Brazilian business environment is terrible. According to the World Bank's Doing Business 2020 report, which measures the ease of doing business in 190 countries, Brazil ranks 124th. This problem is related to excessive bureaucracy, unexpected judicial decisions, loopholes in regulatory frameworks, and disrespect for contracts.
The Tax Reform is going to be the government's main priority after the approval of the New Fiscal Anchor. Planning Minister Simone Tebet summed up the reform as follows: "The Tax reform is the only silver bullet that we have to save Brazil."
And here's what Finance Minister Fernando Haddad has said about it: "There is no way to grow Brazil's productivity with this tax system [...] We are developing a tax reform that is even more modern, because it introduces in the national tax system a Value Added Tax that solves a good part of the flaws of the current system that, in my opinion, is the great villain for the low growth rates of our productivity." The idea is to approve the Tax Reform still this year (Haddad talks about doing it in the first semester!).
Special Secretary for Tax Reform Bernard Appy.
Economic Isolation
Brazil has a very closed economy. Among the 160 countries analyzed by the World Bank, the Brazilian economy is only less open than that of Sudan. The average protection applied by Brazil to capital goods is 14 times higher than in Chile and 25 times higher than in Mexico. This is probably the most expressive cause of the low productivity and deindustrialization in Brazil, together with the tax system. Here, I quote the brilliant economist Edmar Bacha: "[The closure of the Brazilian economy during the Geisel government (1974 - 1979)] caused a tremendous drop in the economy's productivity and an increase in the cost of capital goods. And this, I believe, is what lies at the root of our stagnation after the so-called economic miracle (1968-1974). Our industry became unable to compete internationally. And we were forced, because the industry has this extraordinary lobbying capacity, to prevent the redesign of the Brazilian industry to participate in global value chains."
Bacha's argument makes sense: the collapse of GDP growth coincides with the collapse of capital accumulation (the growth rate of the capital stock) after Geisel's government. Why did capital accumulation collapse? Bacha explains that using a decomposition of the investment = savings relationship: K' = s(1/p)v - δ, where K' = capital accumulation, s = savings rate, p = relative price of investment, v = output-capital ratio, and δ = depreciation rate.
Between 1950-1980, the "golden age" of Brazil, K' grew at nearly 9% per year. Between 1981-2014, this number was 3%. Why? Looking at the historical series, the difference is not in savings or depreciation. What happened was that the output-capital ratio fell by about one-third, and the relative price of investment increased by one-third. In other words, the capital requirement per unit of output increased significantly, and at the same time, the price of investment goods rose significantly. According to Bacha, this process occurred between 1973 and 1983, a period in which the Military Government pursued an autarkic economic policy.
The ideal scenario for Brazil would be to open its economy and have an export-oriented industry. The industry we have developed is heavily reliant on our domestic market, without external competition. In the words of economist Nelson Barbosa: "Brazil cannot produce ships, but it can produce airplanes. Brazil does not have car manufacturers, but it has bus manufacturers. Brazil cannot have a domestic production of microelectronics, but it has a good domestic production of electric motors. So we need to study what worked in these sectors to see if it can be replicated in other sectors. All these successful sectors, Embraer, Weg, Marco Polo, are sectors that are competitive in Brazil and in the world. Here is the first clue: correct industrial policies create domestic production that competes domestically and internationally. They are integrated products that import and export extensively. Value chains."
However, an open trade policy without a plan may not be positive either. In Nelson's words: "Development always means increased productivity. Opening the economy can stimulate productivity, but it can also lead to a negative specialization. You can open your economy and become a country that only exports commodities, with an inflated services sector that only sells domestically, with a significant portion of your population relying on informal jobs. Which is what happens in Brazil. So I think trade openness is inevitable, more developed countries are more open, but thinking that just opening up will automatically lead to development is naïve and something we shouldn't do in the 21st century. I believe that strategic trade integration is crucial and necessary for development. Unilateral openness, without any plan, will only reinforce the specialization we already have today."
In any case, it is certain that the current excessive protectionism cannot be maintained. Opening up would allow broader access for companies to (1) cheaper and higher-quality inputs and (2) foreign-produced capital goods and technology, (3) create significant competition effects to invigorate the economy, and (4) create a 'selection effect' that would eliminate losers and favor winners.
But this is the agenda that I am least hopeful about. Trade openness is a topic that faces strong opposition from the Brazilian left and would likely only occur under a moderate center-right government. I hope, at least, that some trade agreements can be reached to open up the economy. The European Union-Mercosur trade agreement would have a significant impact and would be very important but I'm not very hopeful that it'll be approved.
Haddad is still optimistic, though! He said that a more emphatic diplomatic effort will be made starting in the second semester, in a movement that will take advantage of Brazil's leadership in Mercosur and Spain's leadership in the European bloc.
Simone Tebet (Planning Minister) and Fernando Haddad (Finance Minister).
Interest Rates
Interest rates in Brazil are much, much higher than the global average. Our credit is scarce and dysfunctional. Lula likes to repeat that Brazil is a capitalist country without capitalism because there is no credit.
Brazil has the second-highest bank spread in the world, second only to Madagascar. This means that banks in Brazil charge very high interest rates for lending money. To give you an idea, Brazil's bank spread is higher than the average observed in countries at war. There are several reasons for this, but some stand out: (1) savings in Brazil have historically been very low (around 20% of GDP), (2) the government consumes a significant portion of savings to finance itself, and (3) the Brazilian banking sector is extremely concentrated, with a few banks dominating the entire sector.
The other issue in this discussion is the current policy interest rate set by the Central Bank. Brazil currently has the highest real interest rate in the world, at around 9%. The debate about whether this interest level is correct or not is quite active in Brazil, with its proponents arguing that the current Brazilian inflation is demand-driven and pointing to inflation in the services sector and core inflation, while its critics argue that inflation is not demand-driven, pointing to the fact that Brazil has had a negative output gap since 2015 and that supply shocks can explain the inflation in services.
This debate is complex, and it is hard to determine definitively which side is right. Nevertheless, the Central Bank is strongly adhering to the first thesis.
The current Chairman of the Central Bank, Roberto Campos Neto (RCN), is the grandson of an economist of the Military Dictatorship and was appointed by Bolsonaro. He will remain in his position until 2024 due to the new autonomy granted to the Central Bank in 2021. In this scenario, Lula engaged in a public war against RCN, urging him to lower interest rates. The situation became tense, but Lula never showed any willingness to take effective action to remove him, remaining only in rhetoric. Throughout the conflict, Haddad positioned himself as a moderate, playing a certain "good cop, bad cop" game with Lula and gaining trust in the financial market. Apparently, Lula intends to nominate former executive-secretary of the Finance Ministry Gabriel Galípolo to replace RCN in 2024. He was recently appointed as director of monetary policy at the Central Bank, and is widely identified as a heterodox economist.
Haddad's current plan is to stabilize Brazil's deficit to allow for a monetary loosening. Here's what he said: "We are not at a point where fiscal expansion is going to help the economy. If there is room for any stimulus, it will be monetary. If we know how to make the transition, there is room for a lower interest rate, you just have to give security to the monetary authority." He does not seem to be concerned about banking concentration, though.
Chairman of the Central Bank Roberto Campos Neto.
The Brazilian economy has seen very little growth since the the lost decade in the 1980s. One of the primary factors contributing to this stagnation is the economy's low productivity. There are several reasons behind this low productivity, including:
  1. Inadequate infrastructure and insufficient investments in its development.
  2. A significant delay in comparison to other countries in terms of investing in education.
  3. Unreasonable economic protectionism.
  4. Private groups exerting undue influence and capturing the Brazilian state (patrimonialism).
  5. Failure to adapt our industry to a globalized world.
  6. Excessively high bank spreads.
  7. A terrible business environment, particularly due to the tax system.
There are other reasons for sure, but I'd say most people would agree those are the most important ones. Also, here's my effortpost on the Workers' Party, in case you haven't read it.
submitted by palocci to SocialDemocracy [link] [comments]

2023.05.28 03:34 BNFO4life State Farm Halts Home-Insurance Sales in California

WSJ Article
State Farm is stopping the sale of new home-insurance policies in California effective Saturday, because of wildfire risk and rapid inflation in construction costs.
For 2022, State Farm’s auto-insurance companies reported record underwriting losses, totaling $13.4 billion, due primarily to rapidly increasing claims severity. Its homeowners’ business reported an underwriting gain. State Farm is a mutual company, meaning it is owned by its policyholders, and it has deep pockets. It ended 2022 with net worth of $131.2 billion.
What amazes me is the media is focusing on global warming and inflation... as that was the cause of this decision. While I think global warming is a real concern, this is just another example of government incompetence making housing less affordable for the average American. The fact is... for years... Newson 1) blocked insurance companies ability to drop policy in high fire risk areas (e.g. thus subsidizing a bunch of homes that should have never been built and largely for the wealthy) and 2) blocked premium increases to keep up with the true rate of inflation (This guarantees insurance companies will lose money in California and meant that other states were essentially subsidizing the cost). The end result is insurance companies are now leaving the state, there will be less options/competition, and insurance rates are bound to continue to go up.
Most people don't understand how major insurance products (e.g. home, auto, etc) work. Essentially, money goes into a pool (aka float) and the insurance company acts as a bank and loans out that money temporarily. But the float eventually returns to the policy-holders. Now, there can be corruption and inefficiencies within insurance companies. For example, these companies can charge administration fees, which eat away at the float. But generally speaking, premium rates are a reflection of the true cost to provide insurance. No one is increasing rates and pocketing the difference. It is math done by actuaries.
These measures, as well as all the other CA nonsense that occurred with COVID(e.g. rent moretoriums for over 2 years) will discourage development, inflate rent, and inflate the cost of home ownership.
But at least California will have a bullet train going from bakersfield to Merced (population 400k and 90ks) since connecting places where people actually live (e.g. LA and SF) was too expensive. I really feel like the entire state is going the way of Illinois. Just incompetence all around.
submitted by BNFO4life to REBubble [link] [comments]

2023.05.27 22:13 LoansPayDayOnline Need $100 fast? These lower-cost loans can help.

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But better options are now available after years of advocacy from consumer groups and new federal rules. Some large banks now offer small-dollar loans at rates far cheaper than payday loans. Since 2018, six banks — Bank of America, Huntington Bank, Regions Bank, Truist, U.S. Bank and Wells Fargo — let checking-account holders take out short-term loans of $10 to $5,000, making it more affordable to handle a financial emergency or make a purchase.
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Payday loan math: $1,000 loan over a 12-month term would have a total cost, including interest, a total payback amount of $1,134.72. APR 29.82%. Rates between 5.99% APR and 35.99% APR for qualified customers. Loan term lengths from 3 to 36 months for qualified consumers.
Some states have moved to regulate these loans, with 18 states capping APRs at 36% or less, according to the Center for Responsible Lending.
It doesn't take a financial disaster to push people into borrowing. In a 2022 survey, the vast majority of borrowers said they used a payday loan for everyday expenses, such as food, rent or utility bills. Just 16% said they had an emergency expense, and 8% said they used the loan for "something special."
\"A lot of Americans don't have much margin for error and need a little help when they get fewer hours at work in a week or have an unexpected expense,\" Horowitz said.

Payday loans have one major benefit: They're a fast way to get money if you're desperate.
Until recently, banks generally shied away from offering small-dollar loans. It wasn't clear that it was legal for banks to lend without pulling a credit report, the cost of which outweighed the potential profitability of lending a small amount of money to a financially strapped customer.
But after guidance from financial regulators in 2020, some banks started offering these products, which rely heavily on automation and a customer's checking account history. Examining how often a customer makes deposits and withdrawals is often a better indicator of whether they can repay a few hundred dollars than a traditional credit report, Horowitz said.
Because the process is so automated, there's no way to ask for one, Horowitz noted — a person logs into their bank account, and if they're eligible to ask for a loan they'll see the option. "Banks want to show these loans to people who qualify for them, not people who don't," he said.
Some credit unions offer a similar product called a Payday Alternative Loan. Still, Horowitz said that tens of millions of Americans lack options for affordable borrowing in a pinch, and Pew is pushing for more banks to offer this option.
LoansAngel makes possible to request such financial services as personal, installment and payday loans with a single application form. Such solution will help to find more options for your clients. Loan amounts may vary from $100 to $5,000.
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2023.05.27 22:00 LintLicker_3000 Memorial day weekend entertainment

MEMORIAL DAY WEEKEND ENTERTAINMENT -- Today/Friday, May 26; Saturday, May 27; Sunday, May 28; Monday, May 29 --- Juan de Fuca Festival; Hood Canal Fjord Fest; Shepherds’ Festival; concerts; community theater; art studio for teens; historical society's online auction; art studio; work to learn party.
By Peninsula Daily News (
• The 30th anniversary Juan de Fuca Festival begins today, bringing together more than 60 acts on five stages and dozens of artisan and food vendors at the free street fair in Port Angeles.
The Vern Burton Community Center and grounds, 308 E. Fourth St., is the hub for the celebration of music and art from around the region and beyond.
The street fair, which will also showcase 18 Juan de Fuca debut artisans — local entrepreneurs vending for the first time — will be open from 11 a.m. to 7 p.m. today through Sunday.
The Five Acre School Soundwaves marimba band will play on the Community Stage outside the Vern Burton center at 4:15 p.m. today, and then comes the opening ceremony for the Juan de Fuca Festival at 5 p.m. On the mainstage inside the Vern Burton, live music starts at 5:30 p.m. this evening and continues through Sunday, with the closing act, the Americana band Rose’s Pawn Shop, starting its mainstage show at 8:30 p.m.
This year, those 17 and younger get in free to the festival, and students 21 and younger with valid ID pay half price.
Three-day passes for adults are $100, while single-day passes are $30 for today, $55 for Saturday and $50 for Sunday. The Juan de Fuca Festival’s new mobile app offers ticket sales and information, as does its website,
• The Memorial Weekend fundraising festival in Brinnon continues this weekend with a new name and new focus.
It will be from 10 a.m. to 6 p.m. Saturday and Sunday at 251 Hjelvicks Road, Brinnon, off U.S. Highway 101. The gate fee is $10 per day. Children younger than 12 are admitted free with a paying parent. Active military and veterans are admitted free with ID.
ShrimpFest began 30 years ago to celebrate the plentiful Hood Canal Spot Shrimp and raise funds for such local causes as schools, food banks and animal rescues. This year it has a new name: the Hood Canal Fjord Fest.
No spot shrimp will be sold in bulk. However, the famous shrimp will be part of dishes made by some vendors, along with other seafood and specialty locally sourced dishes, some of which are detailed at
• Pianist Lisa Lanza brings together the cream of Port Townsend’s young musicians and some of their equally talented elders for a Memorial Day weekend concert Sunday to perform for the benefit of Ugandan AIDS orphans.
The 12th annual show will be at the First Presbyterian Church at 1111 Franklin St. in Port Townsend, which co-sponsors this historically sold-out musical event with Grace Lutheran Church.
“Sharing Music, Enriching Lives” will be at 4 p.m. Sunday. Doors will open at 3:30 p.m. Pre-concert music will be performed at 3:45 p.m. by “Lambs in the Fold,” Jeni Little, Don Fristoe, Hank Snelgrove and John Snelgrove. A $15 to $20 donation, cash or check, is suggested. Masks are recommended but not required.
• Key City Public Theatre in Port Townsend will present PlayCraft Originals and 10-minute productions for Sips & Scripts at 7 p.m. tonight and 5:30 p.m. Saturday
All tickets are pay-what-you-wish for a chance to have a behind-the-scenes look at innovative stories in the works, according to a press release. Tickets and information can be found at, by emailing [email protected], or in person during box office hours from 1 p.m. to 5 p.m. Monday through Friday.
• The Bunker, a free art studio for teens, has its next session today at the nonprofit Northwind Art School at Fort Worden State Park in Port Townsend.
Calligrapher Lindsey Wayland and painter Michele Soderstrom, who’s also a Port Townsend High School art teacher, are the two volunteers hosting the session. Middle school and high school students are welcome. The Bunker will be well-stocked with art supplies, snacks and drinks, and music will play all afternoon.
The Bunker will be open from 4 p.m. to 6 p.m. in Building 306 at the fort. Information and the parental permission form can be found at; click on Courses.
• Mia Torres will perform from 5 p.m. to 7 p.m. tonight at the Old Alcohol Plant Inn, 310 Hadlock Bay Road, Port Hadlock. No cover charge.
• AHA Auction for the Jefferson County Historical Society ends at midnight today.
All funds raised go to sustain the historical society’s core programs and build new ones, the group said in a press release. AHA stands for Art, History and Adventure.
To place bids or donate, see
• Mike and Val James will perform from 5 p.m. to 7 p.m. Saturday at Spirits Bar and Grill in the Old Alcohol Plant Inn, 310 Hadlock Bay Road, Port Hadlock. No cover charge.
• Sound Advice will play Motown, classic soul and rock favorites from 6 p.m. to 8:30 p.m. Sunday at the Sequim Elks, 143 Port Williams Road, Sequim. Admission is $12 per person, $10 for Elks members.
• House of Hamill will perform at 7 p.m. Saturday at the Quimper Grange, 1219 Corona St., Port Townsend. Admission is $20 per person; mask wear is requested.
• Port Townsend Urban sketchers will meet in Uptown Port Townsend at 10 a.m. Saturday. The group will meet at the corner of Lawrence and Tyler streets opposite from Aldrich’s Market.
After sketching, the group will reconvene at noon to share their work and take a photo. The event is open to all skill levels. For more information, visit www.urbansketchers porttownsend.
• Spring Art Fair will be hosted by the Port Ludlow Art League from 10 a.m. to 3 p.m. Saturday. The annual art sale is at the Bay Club, 120 Spinnaker Place.
The sale features work from local artists that includes jewelry, ceramics, paintings, photographs, textiles, woodwork, baskets, cards and books. Proceeds benefit the league’s scholarship fund. For more information, visit
• Work to learn party hosted by the Sequim Botanical Garden Society will be at 1 p.m. Saturday.
The work party is in the Terrace Garden at Carrie Blake Community Park, 202 N. Blake Ave. Gail Ditmore will discuss the care and growing of peonies. The presentation is free and open to the public. For more information, call Dona Brock at 360-460-8865, email [email protected] or www.sequim
• Shepherds’ Festival is set for 10 a.m. to 4 p.m. Monday.
The annual festival is at Sequim Prairie Grange, 290 Macleay Road. The free festival is sponsored by Clallam County 4-H, the North Olympic Shuttle and Spindle Guild and the Olympic Peninsula Fiber Growers Association.
Featured activities include sheep herding and shearing demonstrations, a farm animal petting zoo, fiber spinning demonstrations, a 4-H raffle, arts and crafts vendors and lamb kebabs and lamb chili.
• Art installation at Jefferson Healthcare in Port Townsend will continue through mid-August. Forty works form the Northwind Art’s Showcase program are on view in public reception areas. For details, see north and click on Courses.
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2023.05.27 21:06 wpgan [CLAIM] Duchy of Bologna

Playing in France was fun, and I like the French players, but I happened to claim right on the downswing of five years of war. I’d prefer a little more action — and where else to go for action but the absolute clusterfuck that is Italy. I don’t plan on making a habit of claimswapping, and hopefully being dunked right into the Italian action is good practice for next season as well.
For Valentinois, the only thing that needs doing for the future are babyrolls for Claude de Lorraine and Louise Borgia; they have a daughter that’ll die in infancy, but that’s about it. Additionally, should Louis d’Armagnac not have any heirs, Claude would likely press his claim to the Duchy of Guise in the Parlement de Paris, much like in OTL.
Now, to Bologna.
Since 1509, Bologna has been ruled as a hereditary fief under the House of Bentivoglio. Following the death of Duke Giovanni II Bentivoglio in 1508, it has been his eldest son, Duke Annibale II Bentivoglio, who has ruled the city.
The Bentivoglio family is exceptionally well connected — especially across northern Italy:
  1. Bianca Bentivoglio, his eldest sister, was married to Niccolò Maria Rangoni, Lord of Spilamberto. Their children rule as co-Lords of Spilamberto, and are notable condottieri in frequent service to the d’Estes and the Bentivoglios alike. Bianca’s children include the co-Lords and condottieri Ludovico Rangoni, Guido II Rangoni, Annibale Rangoni, Francesco Rangoni, and Alessandro Rangoni, as well as the aspiring protonotary apostolic — as well as waiter and close confidant to Pope Leo X — Ercole Rangoni. From Bianca’s line comes close connection to Spilamberto and their ruling Rangoni family, as well as the d’Estes by association.
  2. Francesca Bentivoglio, his since deceased elder sister, was married first to Galeotto Manfredi, Lord of Faenza. Their marriage was not a good one, but did produce Astorre III Manfredi, Lord of Faenza, the notably well-loved Lord who was forced to surrender to Cesare’s forces and accompany him on his campaigns. Her second marriage was to Guido II Torelli, another notable condottiero, with whom Francesca had Ippolita Torelli. Ippolita married Baldassarre Castiglione, Lord of Casatico and notable scholar, which whom she has three children. From Francesca’s line comes close connection to the nearby city of Faenza and their ruling Manfredi family, as well as connections to Casatico — a small town located in the lands of the Marquesses of Mantua. [m: I don’t think Astorre would’ve died ITTL; looking at Fenrir’s early posts, Astorre was never captured — just taken along in the war camp like a squire/aspiring condottiero]
  3. Annibale II Bentivoglio, Duke of Bologna, is himself married to Lucrezia d’Este, natural daughter of the late Ercole d’Este. Lucrezia dies in 1518, leaving Annibale a widower, but the two have had many children — seven sons and six daughters. Notable among their number are Costanzo Bentivoglio, his eldest son and heir to Bologna, Ercole Bentivoglio, a scholar and writer, Alfonso Bentivoglio, aspiring Condottiero, and Camilla Bentivoglio, Lady of Bozzolo through her marriage to Pirro Gonzaga, Lord of Bozzolo, second son to the second son of the late Ludovico III Gonzaga, Marquis of Mantua. Annibale’s line is the one that will rule Bologna into the future — and through his daughter’s marriage to a minor scion of the House of Gonzaga, the Bentivoglios are tied to Mantua.
  4. Eleonara Bentivoglio, a younger sister to Annibale, was married to Gilberto I Pio di Savoia, Lord of Sassulo. Gilberto was a contender for the Lordship of Carpi — but lost out to his cousin, Albert III, instead receiving the Lordship of Sassulo, Brandola, Fiorano, Corlo, Magreta, and Montegibbio, making him a prominent vassal to the d’Este family. Gilberto has since passed — as has his eldest son, Alessandro, who’d married Angela Borgia, leaving Eleonara’s grandson Gilberto II Pio di Savoia as Lord of Sassulo. Eleonara sits as Lady Regent of Sassulo in the young boy’s regency. Through Eleonara, the Bentivoglio family is further connected to the d’Este family through their vassals — exerting influence in Sassulo, a border town between the Duchy of Modena and the Duchy of Bologna.
  5. Antongaleazzo Bentivoglio, a younger brother to Annibale, entered a career in the Church — currently sitting as a protonotary apostolic, and Archdeacon of Bologna. Through his status as Archdeacon, Antongaleazzo has influence in the diocese of Bologna. Antongaleazzo remains the most prominent member of the Church in the immediate Bentivoglio family, and acts as an important voice of the family in ecclesiastical matters.
  6. Violante Bentivoglio, another younger sister to Annibale, is married to Pandolfo IV Malatesta, Lord of Rimini. With Pandolfo, Violante has seven children — five sons and two daughters, theoretically forming the future of the Malatesta di Rimini branch. However, Violante and Pandolfo IV are currently exiled from Rimini after Pandolfo’s cousin, the famed Ramberto Ulisse Bonatesta, seized control of the city. Bonatesta remains in good standing with the Church and with the Italian states more broadly, acting as Vicar of Ravenna and Vicar of Rimini, and so Pandolfo IV and his Bentivoglio wife remain in exile. However, Violante does present a notable connection to Rimini that can be exploited, perhaps at some point in the future, even if Bonatesta’s position is nigh-on unassailable; certainly, Annibale isn’t stupid enough to wish to encounter Bonatesta in the field.
  7. Alessandro Bentivoglio, another younger brother to Annibale, is married to Ippolita Sforza — and through his marriage to Ippolita, remains the titular Lord of Casteggio, a city within the Duchy of Milan. However, with the Sforzas still in exile and the French having a strong position in Milan, Alessandro is by no means actually Lord of Casteggio, merely claiming the title. Alessandro offers a tentative connection to Milan through his marriage to a Sforza daughter, even if she is the daughter of a bastard son of a previous Duke of Milan.
  8. Ermes Bentivoglio, Annibale’s youngest brother, is married to Iacopa Orsinidaughter of Giulio Orsini, a condottiero. Their union hasn’t born any children just yet — but Ermes’s ties to the Orsini family, an ascendant family with influence in Rome, offers interesting connections to Rome and the Orsini family holdings in northern Italy as well.
  9. The last of the siblings, Laura Bentivoglio is perhaps one of the most influential at this time. Laura is married to Giovanni Gonzaga, Lord of Vescovato. Giovanni is a younger son of Federico I Gonzaga, Marquis of Mantua, and is younger brother to Federico II Gonzaga, who is now in some hot water with the Papacy. Giovanni has formed his own cadet branch of the House of Gonzaga — the Gonzaga di Vescovato family, based out of the town of Vescovato just northeast of Cremona within the Duchy of Mantua. Laura offers the most direct tie to Mantua, through the now-relevant second son of the previous Marquis of Mantua — and the next in the line of succession to the Duchy of Mantua, should Federico II and his line be otherwise unable to rule.
Through these siblings, the Bentivoglios have ties to the Rangoni, Manfredi, Castiglione, d’Este, Gonzaga, Gonzaga di Vescovato, Pio di Savoia, Malatesta, Sforza, and Orsini families — not even mentioning the absolute wealth of young, unmarried sons and daughters that the Bentivoglio family currently has, ripe for further alliances.
Within the Duchy of Bologna itself, though the Bentivoglios are now Dukes, and don’t have to answer to any facsimile of “popular rule,” the prominent families of Bologna still have considerable influence in the city and the countryside alike. The Ariosti, Bandini, de’ Bianchi, Boncompagni, Boschetti, Caccianemici, Casali, Ghislieri, Gozzadini, Grassi, Hercolani, Isolani, Ludovisi, Malvezzi, Orsi, Pepoli, and Ranuzzi families are the primary influential groups within the city at the moment — holding valuable merchant contracts, small villas and estates in the countryside, and political influence despite the lack of formal positions available in the Duchy.
In terms of Bologna’s recent history, Bologna under Giovanni II Bentivoglio sided with the Borgias in the early stages of the Italian wars — and received their Ducal status from Pope Martin VI, a Borgia-aligned Pope. Needless to say, that led to some awkwardness under the Papacy of the decidedly anti-Borgia Julius II — but Bologna didn’t raise her banners to defend Borgia, and so managed to keep their heads low enough to avoid anti-Borgia reprisals. Under Pope Leo X, Bologna has a vaguely positive relationship with Rome; helping out d’Este and continuing to pay their papal tithes like good vassals. Economically, the Bentovoglios constructed some grand stables, a salt mine, and a brewery in 1505, further developed Bologna’s vineyards, olive orchards, stables, and breweries in 1508, cooperated with the Orsini family in expanding the salt and marble mines in 1508/09, opened trade posts in Florence, Modena, and Ferrara, invested in vineyards in Ferrara, and invested in stables and a brewery in Florence in 1509, and allowed the Medici bank to reestablish operations in Bologna in 1510.
In terms of Bologna more generally, outside of the restored Medici bank, the financial sector is dominated by Jewish lenders — such as the Sforno family, who have fled persecution in other countries across Europe — and the Monte di Pietà di Bologna, which offers lower interest rates for poorer debtors. These three institutions of the Medici, the Jewish banks, and the Monte di Pietà compete within the banking sector — though in the interest of currying favor with the Medici Pope Leo X, the Medicis have been at an advantage in recent years.
In terms of civil structure, the oligarchic civil institutions of the Republic — the Council of 600, the 16-member Sedici Riformatori dello Stato di Libertà (Sixteen Reformers of the Free State, chosen from the Council of 600), the anziani e consoli (elders and consuls; senior advisers), the Gonfaloniere di Giustizia (Gonfalonier of Justice, “chosen” by the Sedici), the Tribuni della Plebe (Tribune of the Plebs) — have been done away with by the creation of the Duchy of Bologna, with prominent families instead vying for Bentivoglio favor to be placed in high positions. The guilds — from the four greatest guilds (notaries, bankers, haberdashers, and silk merchants) to the commerce guilds (gold smiths, spice merchants, etc.) to the manual laborers (shoemakers, furriers, tailors, dyers, etc.), in order of prestige — remain a prominent economic force, but have decidedly less political influence under the Duchy.
In terms of culture, the Bolognese Studium remains one of Bologna’s primary contributions to culture and the world at large. The Studium is famed for its teaching of canon and civil law, though doctorates in theology, medici, and philosophy are also granted. and is home to students from across Europe, serving as a multicultural hub — and, interestingly, as a center for an early form of collective bargaining amongst the international students.
I plan to Italy-post (enter into obscene alliances and perhaps backstab or be backstabbed) and be a gremlin for marriages, since I have a truly obscene number of biddies and sons to marry off. With God’s blessing I’ll expand my land as well, but if not I’ll just make Bologna even richer by spending a lot of florins on building misc. holdings.
submitted by wpgan to empirepowers [link] [comments]

2023.05.27 20:40 apothecarynow Can some explain the taxes on SGOV/TBIL

My HYSA is at 3.9% which I have the feeling is not competitive now for passive interest in today's rate environment. Have about $100,000 of money I do not want in the market sitting there. I want the money to be relatively liquid however even if there was a true emergency I have other funds so I wouldn't have to touch that to cover household expenses for a while.
Debating CD vs MMF (SPAXX) vs SGOV vs laddering 17 wk bills myself (similar to what I saw diamondnestegg on youtube do).
I like in CT with an 6% marginal tax rate...I believe SGOV is exempt from state taxes, so it might be the best option.
But I'm confused how it is reported on tax? Apparently the money market also holds treasury so a portion of that would not have to be claimed on state taxes? Is this something that I would have to do manually myself in TurboTax?
Appreciate any thoughts you have. Thanks
submitted by apothecarynow to personalfinance [link] [comments]

2023.05.27 20:26 SillyAd9410 A Semi-Collaborative Pop Culture TL #10

YOU decide what events should change in the world of pop culture, be it real or ASB (future movie gets shown in the past, an actor does/doesn't die, alternate casting choices, unmade media possibly getting made, media is rewritten, a change in the box office or something new entirely)!
I document what happens in a current timeline of Earth!
We all have fun!
1818: Mary Shelley's The Modern Prometheus, a novel in which scientist Henry Frankenstein creates a sapient creature named Prometheus is made. Prometheus becomes a stalwart of the monster genre.
1907-1908: A young comedian named Charlie Chaplin refuses to accept the offer of Fred Karno to come to the U.S. He becomes a famous comedian, often incorporating a character he named The Tramp in his stand-up routines.
1912: The Olympic ship crashes upon hitting an iceberg, becoming a memorable event. James Cameron's Olympic (1997) would be the first film to gross $1B, even entering the National Film Registry.
1931: Frankenstein and his Prometheus, an adaptation of The Modern Prometheus starring Bela Lugosi and Boris Karloff as Henry and Prometheus is a box-office smash. It would enter the National Film Registry in 1991.
1941: Fleischer Studios' Mr. Bug Goes to Town is a box office success, saving the studio. Today it is one of Disney's biggest competitors, along with Warner Bros.
1951: Fawcett Comics wins a lawsuit over National Comics for the rights to the characters of Captain Marvel and Superman. While National Comics would die in obscurity, Fawcett Comics would be Marvel's biggest competitor.
1962: Marilyn Monroe doesn't die. She goes into hiding in Las Vegas doing revue shows. Discovered by higher ups at NBC, she signs on to The Marilyn Monroe Show, a sketch comedy show that runs until her death in 1999.
1966: Warner Bros.' Twister comes out, becoming the highest grossing film of the year. It would spawn "Tornado-mania", a series of tornado movies made to copy its success. It would enter the National Film Registry in 1996.
1969: Nixon resigns his presidency the become a talk show host. The Dick Nixon show airs until 1983.
Make America Great Again - written and directed by Mel Brooks - is released. The film stars Ronald Reagan as himself as he decides to run for President after becoming a washed up movie star - promising to “Make America Great Again”. Wacky shenanigans ensue, including President Reagan trying to build a massive wall on the Southern border to stop Soviet influence, claiming that “both sides have very fine people” in regards to the Civil Rights Movement, and him accidentally starting a cult about how hippies are secretly stooges of a global satanic cult run by the elites.
The film is a critical and commercial success and becomes one of the greatest and funniest comedies of all time. It enters the National Film Registry in 1999.
The Dick Cavett Show airs on ABC, becoming the main competitor to NBC's Tonight Show Starring Johnny Carson. It would end in 1996 to make way for its new replacement The Jon Stewart Show.
Creedence Clearwater Revival release a song about the Civil Rights Movement called Fortunate Son. It becomes their signature song. It enters the National Recording Registry in 2013.
1974: Star Trek: The Continuing Mission, a revival of the original 60s series, airs in syndication until 1981.
1974-1979: Michael John Kricfalusi becomes an anti-Rhodesian mercenary during the Rhodesian Bush War. He becomes a POW by forces from Apartheid South Africa. As a result, he is physically and mentally scarred.
1979: Ozzy Osbourne goes into rehab and continues to play for Black Sabbath, leading to them getting a Beatles-like Renaissance in the 80s, making Heavy Metal one of the 80s most notable music genres.
1980-1981: From February 1980 to August 1981, John Kricfalusi would heal his mental wounds at a mental institution.
1982: John Kricfalusi founds Spümcø, an animation studio that was founded due to John's perceived views on how Hanna-Barbera and Rankin/Bass, two studios he worked at, failed to make good cartoons.
1983: E.T. for the Atari proves to be a very good game, making millions for Atari. This would inspire them to improve their games on their future consoles such as the 5200 and 7800, leading them to become a fierce competitior in the gaming market. The last Atari console came out in the early 2000s.
You Nutzy Rascals!, a short made by John K., is the first to feature prototype designs of Ren and Stimpy.
1985: The War of the Worlds, a film made in collaboration with Disney and Jeff Wayne, based on his musical album adapting the H.G. Wells story, hits theaters. It is a critical and commercial success, cited for starting the Disney Renaissance. Disney and Jeff Wayne would collaborate two more times, making animated adaptations of The Modern Prometheus (1988) and The Time Machine (1992). It would enter the National Film Registry in 2022.
Warner Communications buys Warner Amex-Satellite Entertainment to make Warner MTV Networks.
1986: Ravel's Bolero becomes the theme to The Legend of Zelda. It would later serve to be the theme for the Zelda games in Japan, with a different theme for NTSC releases.
Cliff Burton survives a car crash and continues to play bass for Metallica, helping put thrash metal on the mainstream map.
1987: Morrissey and Johnny Marr become frenemies. The Smiths continue into the 1990s.
1988: During production of Indiana Jones and the Last Crusade, Harrison Ford is shot and killed by a loaded prop gun. This would lead to it being hastily recut in time for 1989. It would lead to a heavy burden on Lucasfilm. The documentary Ford - Spielberg's Right Hand Man would be released in 2008 to great success.
1989: Doctor Who is saved from cancellation by BBC. It remains one of the longest running TV shows.
Sergio Leone dies of old age. He is remembered for his westerns as well as Don Quixote, The Phantom, and Leningrad: The 900 Days.
1990: John K. creates Big House Blues, the pilot for The Ren & Stimpy Show, which is picked up by Nickelodeon.
1991: Eddie Vedder dies in a car crash before the first Pearl Jam album is released. They find a new lead in Chris Cornell, who also sings for Soundgarden until their demise in 1997.
Ren & Stimpy airs on Nickelodeon, along with Doug, Rugrats, Tiny Toon Adventures, Taz-Mania (both this show and TTA would later air in syndication) and Big Beast Quintet (cancelled in 1993). It is currently the longest running American animated series, beating out Matt Groening's The Simpsons, who cancelled the show in 1998 in favor of working on the long-running Futurama which still airs today.
Tim Burton is attached to direct an adaptation of The Addams Family TV show as a movie. It would later spawn three sequels, with Tim leaving after the second movie. The latter two would be critically panned.
1992: Star Wars: Episode I - The Phantom Menace comes out, becoming the highest grossing film of the year. Episodes II and III would later come out in 1995 and 1998 respectively.
J.R.R. Tolkien dies at 100, finishing The New Shadow and The Silmarillion. He was also known for being war minister of the UK from 1940 to 1945.
Stephen Hillenburg is invited to work on Ren & Stimpy after showing his short film Wormholes at the TIFF.
Cartoon Network begins after Ted Turner merges with Viacom in 1986 and buys the Hanna-Barbera library in 1991.
1993: Spielberg quits directing after doing Schindler's List. This not only cancels plans for a Jurassic Park sequel, but also an adaptation of Supertoys Last All Summer Long.
1994: During filming of The Crow, Brandon Lee survives a shot from a prop gun. He would propel into superstardom. He is now known for playing Neo in The Matrix franchise and Johnny Cage in Mortal Kombat (1995).
Kurt Cobain announces the breakup of Nirvana as he goes into rehab. In 2002, the band reunited for You Know You're Right, an album that became a top seller. They still perform to this day.
1995: YouTube, a video sharing site, is released. It would not gain much popularity until 2001, where an influx of YouTubers would bring it to stardom.
Toy Story, a stop motion film, gains critical acclaim due to its incredible scale, becoming the 2nd highest grossing film of the year.
Sarah Michelle Gellar dies in a kayaking incident days before the release of her only film Clueless. This would cause Clueless to become the highest grossing film of the year and become known as one of the best teen films. It enters the National Film Registry in 2005. Bad Boys, a film released the same day as Clueless, would become the 6th highest grossing film of the year despite mixed reviews.
Spotify, a humble music downloading site, releases. In 1997, it would change into a music streaming site, and would often show ads for the latest in music.
Selena Quintalla survives being shot. Jennifer Lopez wanes in popularity.
1996: The Nintendo 64DD comes out in a partnership with Phillips, revolutionising the console industry by introducing CD memory, rising it above the PlayStation and Sega Saturn. One of the top best selling games would be Super Mario 64 2, the sequel to Super Mario 64. The 64DD would serve as motivation for Sega to complete Sonic X-Treme by 1997, which becomes a huge hit. This would give Sega the boost it needed to continue making consoles. Other Mario games made for the 64DD include Mario Takes America and Super Mario's Wacky Worlds.
The Nintendo Entertainment System (NES), which had been under a state similar to the Atari 2600, releases its last two games: Super Mario Legends, a game similar in style to the Mario Land games released by Nintendo R&D1, which becomes a minor hit and Animaniacs, a port of Konami's Game Boy game which got mixed reviews.
Tupac survives being shot while having a drive in Las Vegas. He still has a rap career.
Ren & Stimpy Go To Hollywood, a film released by Warner Bros., becomes the highest grossing animated film of the year, making over $600M. It has a 100% rating on Rotten Tomatoes. This film would also have one of Ronald Reagan's last acting roles.
NDR Filmes' Cassiopeia gets fame for being the first completely computer-animated film. It gets an English dub for a worldwide release. It enters the National Film Registry in 2006.
After his work on Ren & Stimpy, Stephen Hillenburg pitches his own show to Nickelodeon about a sea sponge.
Rapper and music producer Andre "Dr. Dre" Young is shot and killed by a vengefully spiteful Suge Knight in a drive-by shooting, since Young left Death Row Records after accusing Knight of corruption the month prior. His death leads to tributes from fans and colleagues alike, and his first album The Chronic is praised for being influential. Tupac Shakur, in addition to being a rapper, assumes Dr. Dre's role as a music producer out of respect for his newly deceased friend. After Suge Knight is arrested and imprisoned for life due to murdering Young, Shakur takes over Death Row Records. The Chronic enters the National Recording Registry in 2019.
1997: Reddit, a news and discussion board, is released. It becomes very, very popular.
The Notorious B.I.G. survives a shooting like his friend and collaborator Tupac, and he continues to make music.
Aspiring rapper Sean "Puff Daddy" Combs is killed in a gang shootout in Los Angeles, California; however, right-wing news network Fox News reports the shootout as having happened in New York City, New York (which is untrue). This leads to rapper Christopher "Biggie Smalls" Wallace recording a single dedicated to Combs called "I'll Be Missing You" (which heavily samples "Every Breath You Take" by The Police) which was included as a bonus track on No Way Out, Combs' first and only debut album released posthumously on July 22, 1997. The album became influential in the years since Combs' death, proving that, even in death, one can still have a rap career and be influential. No Way Out would enter the National Recording Registry in 2007.
1998: Neon Genesis Evangelion is unknowingly localized by 4Kids, leading to a HEAVILY censored English dub that makes the show popular during the late 90s-early 00s.
Chris Farley wakes from a coma due to a drug overdose. After deciding to give the role of Shrek to Mike Myers his friend, he gets the role of Doug Heffernan on The King of Queens.
1999: Stephen Hillenburg's SpongeBob SquarePants airs on Nickelodeon. Although it is a hit at first, work complications, problems outsourcing animation to the studio Gainax, and the banned episode Wrasslin' Maniacs where SpongeBob and Patrick beat up Squidward, Hillenburg is fired from the show in 2002.
Tommy Boy's Return, the sequel to Tommy Boy, releases in theaters. It is considered a cult classic today.
2000: Battlefield Earth is released in theaters to be a huge success, ending up the 8th highest grossing film of the year. This would cause an interest in works by L. Ron Hubbard, making the Church of Scientology a rising religion. Battlefield Earth 2 would later release in 2003 to similar acclaim.
4Kids is bought by Warner Communications. As a result, more anime airs on Kids WB.
The Atari Cougar, Atari's final console before being bought by Jakks Pacific in 2002, is released. It is a cult classic console.
Tim Burton's Wizard of Oz gains mixed to positive reviews, and makes the top 10 list of highest grossing films of the year.
2001: Grand Theft Auto III, the third entry in the GTA series is cancelled following 9/11. The game would later redevelop into Grand Theft Auto: San Andreas, which was released in 2004.
Spy Kids, Quentin Tarantino's first kids' film is released in theaters to mixed reviews, but becomes a cult classic. Two more sequels were released in the two years after it, all would get the same fate.
During 9/11, Kevin James dies after being squished by falling debris from the North Tower.
2002: Netflix, the world's first ever online streaming service for film and TV, launches. They release their first Netflix Original - an epic drama gangster film called American Gangster starring Denzel Washington and Russell Crowe and directed by Ridley Scott - five years later on November 2, 2007, after buying the distribution rights from Universal Pictures (who were set to be the original proprietors). All of their films and series are also given DVD and/or Blu-ray releases, courtesy of Sony Pictures Home Entertainment, who owns the home media rights to Netflix Original films/series etc.
2003: Call of Duty, a war shooter game, sells 200,000 copies, making for poor sales. No sequels are planned. The Battlefield series gains from this.
Star Trek: The Original Generation, a Star Trek prequel series, airs for two seasons on Fox before cancellation.
Sony launches the American feed of 24-hour anime channel Animax, which overtakes Adult Swim's Toonami in popularity.
Sylvester Stallone becomes Governor of California until 2011.
TIME names Iraqi dictator Saddam Hussein as Person of the Year due to being "One of the great dictators of the modern age".
2004: Fallout 3 releases on Windows to high ratings, saving Interplay from bankruptcy. They would later release 2 console games, Fallout 4 and Fallout 5. Many spinoff games would be made.
Hillenburg's company United Plankton Pictures makes the Newgrounds webseries The Motherfucking Patchy the Pirate Show, focusing on the misadventures of Patchy the Pirate.
2005: Minecraft, a web browser game is released by Mojang with the help of a team that planned a game known as Terraria, where it would be very successful until 2009, when a 3D version for Java was released. It is currently owned by Microsoft, who still makes updates for it.
SpongeBob SquarePants is quietly cancelled due to declining ratings.
FOX airs The Office, an American adaptation of the British mockumentary series of the same name, airing until 2013 for nine seasons. It becomes one of the most memorable sitcoms of all time, winning several Emmys. Mr. Blue Sky becomes the theme song.
2006: Warner Communications contacts Hillenburg for an adult-only SpongeBob reboot.
Night at the Museum is released to mixed reviews as it becomes a box-office bomb. With plans for a sequel dead in the water, Fox sells the rights to Sony in 2007 who plans to reboot the series, but also keep the distribution rights for the original film.
Blockbuster buys Netflix, moving the website to, and naming it Blockbuster Online. After all of its stores were closed, it becomes Blockbuster+.
2007: Kanye West dies in a car crash before his album Graduation releases, causing him to be mourned. This would lead to many people buying the album, creating a short-lived rap revival that would temporarily mark the end of gangsta rap until 2010.
Owen Wilson commits suicide. In discussions about the "Frat Pack", he is replaced by Steve Carell and Paul Rudd. Drillbit Taylor and Tropic Thunder are both dedicated to his memory. Plans for a sequel to Cars are cancelled by Pixar and Disney.
2007-2011: Identically similar to events in our world, screenwriter Simon Monjack and actress and "Clueless" sensation Brittany Murphy (who still starred in this alternate reality's version of the 1995 film "Clueless", but here she instead co-stars with rising co-stars Sarah Michelle Gellar playing Cher, and Regina Hall playing Dionne) are about to marry back in May 2007, but Murphy calls the marriage to Monjack off at the exact same wedding. This causes a scandal that briefly kills her good reputation, and gets her blacklisted in Hollywood (for a while). In this alternate history, Simon Monjack is put in prison for attempting murder on Brittany Murphy, but here, is killed by a crazed cellmate whilst serving time (said crazed cellmate also happens to be a fan of Brittany Murphy). Brittany Murphy then moves to an apartment complex in New York in 2008, ditching Hollywood for good and starting a musical career.
Natalie Portman, a fairly successful but struggling rising young TV actress, is having a hard time finding work in Hollywood due to the failure of the Star Trek prequel television series Star Trek: The Original Generation. She co-starred in the series alongside Hayden Christensen, Ewan McGregor, and Samuel L. Jackson. While the then 56-57 year old Jackson at least got to have a successful career in Hollywood (due to being a Christopher Nolan regular), Christensen and McGregor were rejected by the industry; Christensen started an indie rock band while McGregor then went on to become a successful UFC fighter, but would then become very scandalous as he suffers from numerous arrests and an intense drug addiction. McGregor would then unfortunately die young from a drug overdose on December 7, 2008. Going back to Portman, she would become an indie darling in independent cinema, however her career would be cut short when she would die in a car crash on July 19, 2009, just one month and ten days after her 28th birthday. She was last seen in a DTV thriller called "Abandoned", which released in March 2010. Her death leads to tributes from co-stars and fans alike.
In December 2009, Brittany Murphy is then offered the lead role in Darren Aronofsky's upcoming psychological horror film "Black Swan", about a troubled ballerina. The film would co-star Melanie Lynskey as the troubled ballerina's rival, and like in our world, Winona Ryder, Barbara Hershey, and Vincent Cassel. The film released in December 2010 (like in our world), to rave reviews, with critics calling it Brittany Murphy's finest appearance yet. Murphy would then take home the Best Actress Oscar as well as the Best Dramatic Performance in a Movie Golden Globe for her performance in the film in 2011. Murphy would then continue her acting career following a big career boost, as well as her singing/musical career at the same time. In fact, she releases a fairly successful debut album in March 2011 simply called "Brittany", to positive reviews. It would then become the best selling musical album of the year, even winning her a Grammy in 2012.
2008: Bulletman, the highest grossing film of the year, marks the beginning of the successful Fawcett Cinematic Universe (FCU). It would enter the National Film Registry in 2020.
During the premiere of Tropic Thunder, Tom Cruise announces his retirement from entertainment and Scientology. He spends the rest of his life quietly as a Buddhist in England. As Dwayne Johnson takes Tom's place, Paramount announces plans to reboot the Mission: Impossible franchise (though nothing comes from it).
SpongeBob XXX, an adult SpongeBob reboot, airs on AMC alongside Breaking Bad. SpongeBob XXX would be universally panned, airing only 3 episodes out of a made 6 (all were later put on DVD). It is known for being one of the worst animated series of all time.
Iron Age, a film fully funded by UNESCO, is made as the first film of an IRL cinematic universe. It gets nominated for Best Picture at the Oscars, like every film in the IRLCU after it.
2009: Adventure Time, a cartoon by Pendleton Ward, airs on Nickelodeon. It becomes one of Nickelodeon's highest-rated cartoons, airing until 2016. Many people would call it an animation trailblazer, leading to Nick approving more "lore-based" shows.
Half-Life 3 comes out, and continues the high ratings of the Half-Life franchise, making games well until 2017 (counting spinoffs).
Some people would compare it to Regular Show, who they saw as Cartoon Network's equivalent to Adventure Time.
Discord, a discussion site, is released, becoming popular with gamers.
Liam Gallagher has a near-fatal drug overdose after the breakup of Oasis. Finding peace with his brother, Oasis reunites in 2012, releasing a new album in 2015. They still perform.
Amy Winhouse retires after a heavy intervention. She still occasionally produces for Adele.
2011: Fortnite Battle Royale by Epic Games is released to the public. It becomes extremely popular, and is still played today.
2012: Pixar's Newt, a film that came due to the cancellation of Wreck-It Ralph (some claim due to the problems of getting permission from game companies) is released and barely breaks even. It would start a dark age for Pixar, which would continue with Brave and Cars 2.
It would also play a key part in George Lucas refusing to give away Lucasfilm, due to Disney's perceived slump.
After Hillenburg's company dissolves, he becomes the cartoon reviewer Stevey Shark for Channel Awesome.
Jim Carrey dies of a heart attack.
2013: Doug Walker leaves Channel Awesome, leaving Stevey Shark to be the new star. Markiplier, MrEnter, and MatPat would later join Channel Awesome among others.
The Freedom Tower is made to replace the original North Tower destroyed in the attack. Memes would arise from the comparison between the towers.
2014: A Day With Patchy the Pirate, a half-hour short made by Hillenburg, airs on YouTube as Channel Awesome's first foray into animation. It has a troubled production due to being funded online, and would be panned upon release.
Robin Williams survives a suicide attempt, and launches his own suicide prevention program. He would then star in the 2016 drama Uncut Gems by Christopher Nolan, playing crime lord Howard Ratner, giving him a Best Actor Oscar.
2015: Star Wars - Episode VII: The Force Awakens, featuring Darth Maul and Darth Talon as antagonists, is released, becoming the highest grossing film of the year. Two more sequels were made in 2017 and 2019.
2016: John K. dies from multiple scolerosis. Bob Camp takes over as showrunner of Ren and Stimpy.
2017: Growing Around, a new YouTube webseries made by Stephen Hillenburg & Johnathan Rozanski, about a world where grown-ups switch with kids, is released. Despite gaining positive reviews, both the downfall of Channel Awesome and Hillenburg & Rozanski's heinous acts would result in Markiplier buying the license, airing it on his webseries Unus Annus for one last season, ending in 2020.
Chester Bennington survives his suicide attempt. Linkin Park would make its newest album in December of 2020.
2018: Donald Trump starts The Trump Experience, a very popular podcast.
2019: Season 3 of Gravity Falls comes out to near-universal acclaim.
2020: Chadwick Boseman recovers from his cancer.
2022: Jordan Peele's Nope becomes the highest grossing film of the year. It enters the National Film Registry in 2033.
Presidents of the USA since 1977:
Jimmy Carter (1977-1985)
Walter Mondale (1985-1989)
George H.W. Bush (1989-1993)
Mario Cuomo (1993-2001)
John F. Kennedy Jr. (2001-2005)
John McCain (2005-2013)
Barack Obama (2013-2021)
Jeb Bush (2021-today)
Governors of California since 1947:
James Roosevelt (1947-1953) Resigned) Democrat
Pat Brown (1953-1963) Democrat
Richard Nixon (1963-1969) Republican
Edwin Reineck (1969-1974) Resigned) Republican
John L Harner (1974-1975) Republican
Tom Hayden (1975-1983) Democrat
Tom Bradley (1983-1991) Democrat
Clint Eastwood (1991-2003) Independent
Sylvester Stallone (2003-2011) Republican
Conan O'Brien (2011-2019) Democrat
Gavin Newsom (2019-Today) Democrat
submitted by SillyAd9410 to AlternateHistory [link] [comments]

2023.05.27 19:46 Whitedragon6700 Are these good CD rates and is it really worth it?

My bank is offering 4.75% CD rates with a minimum of $500 from 15, 19, and 25 months. I was thinking about doing something money I have just sitting in my bank but is this a good option? It doesn't seem like you get much of a return
submitted by Whitedragon6700 to FinancialPlanning [link] [comments]

2023.05.27 19:01 RFC2001 Rebooking Every WWE PPV from WrestleMania 1 - WrestleMania 40 - Part 39 (Long)

Judgement Day 2005
Date: 22/5/05
Location: Target Center, Minneapolis, Minnesota
United States Championship:
Booker T (c) vs JBL w/The Cabinet
(JBL invokes his rematch clause for the United States Championship at Judgment Day. This time he brings The Cabinet with him which he was unable to do at WrestleMania but his plan backfires as the referee during the match when they try and get involved throws them away from ringside. Booker T hits JBL with a Scissors Kick and beats him again to retain the United States Championship.)
Cruiserweight Championship:
Chavo Guerrero (c) vs Paul London vs Jamie Noble
(Noble wins the Cruiserweight Championship but sadly has no one to take to Applebee’s 🙁😂.)
WWE Tag Team Championship:
Rey Mysterio & Eddie Guerrero (c) vs MNM w/Melina
(MNM win the titles after some miscommunication between Mysterio and Guerrero. After the match, Eddie Guerrero turns heel and attacks Rey Mysterio to a chorus of boos.)
The Big Show vs Heidenreich
(Just a quick filler match more than anything with Big Show winning in 4 minutes.)
60 Minute Iron Man Match for the WWE Championship:
John Cena (c) vs Kurt Angle (5-4)
(Kurt Angle invokes his rematch clause and promises to take back what he claims John Cena stole from him at WrestleMania 21. Angle says this match will also be on his terms. He says John Cena will face him in a 60 minute Iron Man Match. Angle says that not only is he a much better wrestler than John Cena but his experience in a match as long and fatiguing as this means Cena doesn’t stand a chance. Cena says just like at WrestleMania, he’s going to prove he’s here to stay and isn’t just a flash in the pan like Batista has show he isn’t on Raw. In John Cena’s first iconic 5 star contest, he retains his championship 5-4 with him scoring the last point within the last 10 seconds after hitting Angle with an FU. Judgment Day draws to a close with a bloody Cena holding up the WWE Championship.)
(John Cena introduces the spinner WWE Championship on the SmackDown after Judgment Day.)
(The WWE Draft takes place over a 4 week period and the same draft picks happen with John Cena taking the WWE Championship over to Raw and Batista taking the World Heavyweight Championship over to SmackDown.)
(Eric Bischoff and the Anti-ECW Coalition aren’t at the next event in the slightest, that whole thing doesn’t exist in this timeline.)
ECW One Night Stand 2005
Date: 12/6/05
Location: Hammerstein Ballroom, New York City, New York
Three-Way Dance Match:
Super Crazy vs Little Guido w/Big Guido vs Tajiri
Chris Jericho vs Lance Storm w/Dawn Marie
Extreme Rules Match:
Rey Mysterio vs Psicosis
Extreme Rules Match:
Sabu w/Rob Van Dam vs Rhyno
Chris Benoit vs Eddie Guerrero
Mike Awesome vs Masato Tanaka
Tables Match:
The Dudley Boyz vs Tommy Dreamer & The Sandman
(The Dudley Boyz wins in what will be their last match in the company… for now.)
Vengeance 2005 (Raw)
Date: 26/6/05
Location: Thomas & Mack Center, Las Vegas, Nevada
WWE World Tag Team Championship:
The Hurricane & Rosey (c) vs The Heart Throbs
Women’s Championship:
Trish Stratus (c) vs Christy Hemme vs Victoria
Intercontinental Championship:
Shelton Benjamin (c) vs Carlito
(Carlito cheats to win by spitting an apple in Shelton’s face when the referee isn’t looking before hitting him with a Backstabber his first title in WWE.)
Shawn Michaels vs Edge
(Edge says that he attacked Shawn Michaels at Backlash because in order to further establish himself after winning Money in the Bank, he wants to take out the biggest in the company to create an even more open path to gold. Michaels says that Edge is an arrogant, cocky, slimy little punk who needs taught a lesson so he challenges the Rated R Superstar to a match at Vengeance which he accepts. During this match, there’s a ref bump after Michaels accidentally hits the referee with a Sweet Chin Music after Edge moves. Michaels then manages to get Edge with the move afterwards but there’s no referee. While the referees down and Michaels tunes up the band again m, Lita appears although we don’t know why. For some reason she begs Michaels to not hit Edge, she goes on her knees and hits Michaels with a low blow! Edge then spears Michaels and the ref regains consciousness and makes the count for Edge to win this match! Edge and Lita reveal they’re together and have a sloppy kiss at the top of the ramp.)
WWE Championship:
John Cena (c) vs Christian vs Chris Jericho
(Same build up which starts on John Cena’s first night on Raw, same match and same result. John Cena retains the WWE Championship after rolling up Chris Jericho. After the match, Jericho attacks Cena from behind and turns heel.)
Hell in a Cell Match for the World Heavyweight Championship:
Batista (c) vs Triple H w/Ric Flair
(Before Batista is drafted to SmackDown, Triple H convinces him to have one final battle at Vengeance in an attempt to regain the World Heavyweight Championship. Triple H says that Batista won’t get third time lucky, especially if the match takes place inside a place he’s made a name for himself… Hell in a Cell! Batista says Triple H might think he’s smart wanting this match because he’s got experience but in the end he’ll regret it after what he does to him. Batista retains the title in the final chapter of this rivalry in a bloody encounter. Vengeance draws to a close with a bloody Batista looking like a machine holding up his World Heavyweight Championship.)
(Shawn Michaels beats Edge in a rematch the next night on Raw to close out their feud thanks to a returning Matt Hardy!)
(Matt Hardy isn’t legitimately getting fired but he’ll be storyline fired and he gives that promo “Adam, you bastard, I’m going to make your life miserable! And Lita, you w*ore, I’m going to make your life miserable! And the WWE, can kiss my ass!”.)
(The terrorist angle with Muhammad Hassan doesn’t happen in the slightest. RIP to those who sadly lost their lives in a terrorist attack in London on July 7th, 2005.
(Sharmell starts accompanying her husband Booker T to the ring.)
The Great American Bash 2005 (SmackDown)
Date: 24/7/05
Location: HSBC Arena, Buffalo, New York
United States Championship:
Booker T (c) w/Sharmell vs Muhammad Hassan
(Hassan never wrestles in WWE again after this match.)
WWE Tag Team Championship:
MNM (c) w/Melina (c) vs Super Crazy & Psicosis
Cruiserweight Championship:
Jamie Noble (c) vs Paul London
The Undertaker vs Christian
(After being drafted to SmackDown, Christian attacks The Undertaker and says his reason is simple. Go after the cornerstone of the brand to be noticed in order to get an opportunity for the World Heavyweight Championship consistently unlike on Raw. The Undertaker says that Christian trying to make a name for himself at his expense is something he’ll deeply regret! Christian puts up a fight but in the end, The Undertaker wins. After the match, a returning Randy Orton delivers an RKO to The Deadman!)
Rey Mysterio vs Eddie Guerrero
(After Judgment Day, a pissed off Rey Mysterio demands answers from Eddie Guerrero for betraying him. Eddie says it’s simple, he’s sick and tired of hearing that Rey is better than him because he fluked a win over him at WrestleMania and is fed up hearing people talk as if Rey was making him look better in the team when it was actually him making Rey look better. Eddie challenges Rey to a match at the Great American Bash to try and get even from WrestleMania which Rey accepts. Eddie Guerrero lies, cheats and steals his way to victory after poking Rey in the eyes when the ref isn’t looking and rolls him up with his feet on the ropes to steal the victory.)
World Heavyweight Championship:
Batista (c) vs JBL w/The Cabinet (By Disqualification)
(JBL wins a Fatal 4 way on SmackDown thanks to The Cabinet against The Undertaker, Christian & Booker T to earn this match against Batista. In the build up, JBL says he’s told everyone for a long time that he’s a Wrestling God and will further cement that truth at the Great American Bash at Batista’s expense. JBL also says just because Batista beat Triple H a few times, it doesn’t mean he’s falling for the hype and promises to leave The Great American Bash as the World Heavyweight Champion. Batista says Bradshaw is an arrogant piece of crap and is the type of person he’s always hated and loved beating up when called for. In the build up, The Cabinet using their numbers advantage give Batista a beating on the SmackDown before this event meaning The Animal isn’t 100%. During the match, there’s a ref bump and The Cabinet try to attack Batista again but Batista gets a chair and lays to waste on all of them. Batista then hits JBL with the chair which the referee sees and calls for the bell, resulting in a disqualification. Batista’s still the champion but he doesn’t care, he’s severely pissed. Batista beats the hell out of JBL, busts him open and lays him out with a Batista Bomb through a table, much to the crowd’s enjoyment. The Great American Bash draws to a close with Batista on top.)
SummerSlam 2005
Date: 21/8/05
Location: MCI Center, Washington D.C
United States Championship:
Booker T (c) w/Sharmell vs Chris Benoit
(Face vs face… for now. Chris Benoit after being drafted to SmackDown challenges Booker T to a match for the United States Championship at SummerSlam which Booker T accepts. Booker T says that he has a lot of respect for Benoit but he’ll show him no sentiment and will pin his ass in the middle of the ring. Chris Benoit wins the championship after forcing Booker T to submit to the crossface.)
Women’s Championship:
Trish Stratus (c) vs Victoria
(The final of many battles over the last 2 years between these ladies. Trish Stratus wins clean with a Chick Kick to retain the Women’s Championship.)
Matt Hardy vs Edge w/Lita (Referee Stoppage)
(Same build up as real life. Matt Hardy is pissed at Edge and Lita for having an affair and promises to make their lives miserable. Hardy gets storyline fired for saying the company can kiss his ass but is re-hired due to the fans annoying Edge to the point Edge asks Eric Bischoff to re-hire Hardy and let him face him at SummerSlam. Bischoff grants Edge his request. During the match, Hardy’s head collides with the ring post and he ends up busted wide open. Edge then throws in some cheap shots and the referee calls for the bell with Edge being declared the winner.)
Falls Count Anywhere Match:
Rey Mysterio vs Eddie Guerrero
(After winning at The Great American Bash, Eddie Guerrero says that claims Rey Mysterio was better than him have been proven to be false. Rey responds by saying they haven’t because he behaved like a coward and cheated to beat him. Rey then says now that they have one win each over one another, he proposes one more match against Eddie. Eddie accepts and says he wants it to be a match that he can destroy Rey without any consequences so offers to up the stakes and make it a Falls Count Anywhere match. Rey accepts Eddie’s challenge. In a classic final chapter, Rey Mysterio wins and he celebrates with his wife Angie, son Dominik and daughter Aliyah who are all at ringside.)
Intercontinental Championship:
Carlito (c) vs Shelton Benjamin
The Undertaker vs Randy Orton
(Randy Orton says he’s back after an injury. While injured, Orton says all he could think about was his loss to The Undertaker at WrestleMania and it makes him sick because he never killed the legend like he promised. Orton says that he wants another match against Taker at SummerSlam which The Deadman accepts because he’s pissed off at getting an RKO at the Great American Bash. Taker says Orton just like at WrestleMania will Rest in Peace at SummerSlam! The Legend Killer gets even with the Deadman when his father Cowboy Bob Orton appears and distracts The Undertaker. This allows Orton to hit Taker with a quick RKO and win. Orton gets out of dodge with his dad before The Undertaker inevitably sits up which he does and he’s pissed!)
Shawn Michaels vs Kurt Angle
(This is essentially the exact same feud that happened at WrestleMania 21 in real life but it happens here instead. Two great wrestlers in their prime fighting to see who the better man is. In the build up, they both try and one up each other, brawl whenever they cross paths, talk trash about one and other and make fun of each other. Yes, we still get the “Sexy Kurt” segment😂 Kurt Angle wins clean in a 30 minute classic after surprisingly forcing Michaels to submit to the Angle Lock!)
No Holds Barred Match for the World Heavyweight Championship:
Batista (c) vs JBL
(After The Great American Bash, JBL demands that Teddy Long give him a rematch for the World Heavyweight Championship after Batista got himself disqualified. Bradshaw says if Batista wasn’t such a coward by hitting him with a chair and brutalising him afterwards, The Wrestling God would be the World Heavyweight Champion! Teddy Long tells JBL that he has a good case to get another shot at the World Heavyweight Championship so he grants him another opportunity and the match will happen at SummerSlam. Long tells JBL that this time there will be a definitive winner so it’ll be a… No Holds Barred match! Bradshaw laughs with The Cabinet and thanks Teddy Long but Teddy has more news that he doesn’t think JBL will be smiling as much at… The Cabinet are banned from Ringside! JBL flips and isn’t happy with Teddy Long but Teddy tells him the decision is final. Batista says on the go home show before the PPV that he’s going to end this once and for all, give Bradshaw the beating he deserves and will leave his hometown still the World Heavyweight Champion. Batista retains the title in a bloody encounter after delivering a Batista Bomb onto the steel steps.)
WWE Championship:
John Cena (c) vs Chris Jericho
(After turning heel at Vengeance, Jericho says his reasons for attacking John Cena is an easy explanation. Y2J says that John Cena is just another wannabe false star who’s stealing his spotlight since being drafted to Raw and he can’t stand it. Jericho also says he’s better than Cena and challenges him to defend his title in a singles match at SummerSlam. Desperate to prove himself, John Cena accepts and tells Chris Jericho he’s going be walking in and out of SummerSlam as the WWE Champion. Cena retains after hitting Jericho with an FU as SummerSlam draws to a close.)
(Chris Jericho loses in a rematch against John Cena for the WWE Championship the next night on Raw and gets fired by Eric Bischoff in what will be his last appearance for over 2 years.)
And that’s part 39 over and done with guys! I hope you all thoroughly enjoyed. I just want to let you all know too that if any of you want to take any ideas I have for any of your rebooks if you want to join in with these projects, I’m totally fine with it and if you need any advice, just drop me a message 😁 I’ll be back very soon for part 40 where we’ll sadly lose Latino Heat, have brand warfare heading into Survivor Series and Randy Orton will enter the depths of hell for his sins. Stay tuned!
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2023.05.27 18:16 Individual-Cup9527 CORPORATE TAX IN DUBAI

The UAE government announced the introduction of a new corporation tax on January 31, 2022.
Except for a handful of industries, such as resource extraction and foreign banking, the United Arab Emirates has historically not placed taxes on firms’ revenues.
However, beginning with the fiscal year starting on June 1, 2023, a significantly more significant number of enterprises operating in the area will be required to start paying the new corporate tax rate of 9%.
The Emirates Corporate Tax will apply to all enterprises operating in the UAE, except for those engaged in resource extraction, which will continue to be taxed at the Emirate level. Only foreign corporations and their owners that frequently engage in commercial activity within the United Arab Emirates (UAE) will be subject to corporate taxation.
The UAE corporate tax is applied uniformly to all profits and other (net) income reported in financial accounts produced following generally accepted accounting principles.
The Corporate Tax Background in UAE
In 2018, the United Arab Emirates instituted its first value-added tax, or VAT, charging a 5% surcharge on most purchases. The administration then stated in January 2022 that a 9% corporate tax would be implemented the following year.
The United Arab Emirates has implemented its new corporate tax to combat tax evasion and to bring the country into line with international standards. While tariffs on corporate profits are commonplace in developed economies, the United Arab Emirates’ comparatively low rate of 9% is still well below that of most other developed countries (which is often around 20%). The new corporate tax in the United Arab Emirates will deter multinational corporations from using the country as a tax haven.

What is the UAE’s Corporate Tax for 2023?

In 2023, the United Arab Emirates will impose a 9% corporate tax on all enterprises’ net income (sales minus costs) with an annual turnover of more than 375,000 AED. Companies with annual revenues below this threshold will continue to enjoy a 0% tax rate.
By the Global Minimum Corporate Tax Rate agreement, the UAE has also declared that major multinational corporations with income of more than EUR 750 million will be required to pay a 15% tax.
In preparation for the new UAE corporation tax, most businesses will need to set aside funds on or around June 1, 2023, the start of the new tax year. There would be no retroactive taxation for businesses whose fiscal year begins in January, meaning they won’t have to start paying on revenues made before their fiscal year in 2024.

Who Can Be Subject to Taxation?

LLCs, PSCs, PJSCs, LLPs, and other legal entities with distinct legal personas will be subject to taxation. Additionally, any foreign legal entity that is a tax resident of the UAE and has sourced income in the UAE will be subject to corporate tax. However, free zones will be subject to 0% corporation taxes if they comply with all regulatory criteria; this also applies to free zone businesses that engage in trade with the mainland. Corporate taxation policies may apply to both UAE residents and non-residents.

Key Features of the UAE’s Corporate Tax System

Who we are and How can we Assist?
As the business world changes in response to new political and economic realities, so does Kaid Auditing Co. Building on our traditional base of audit and compliance work, we have expanded our role into that of a comprehensive firm, providing services that support client’s needs. We aspire to achieve these goals with individuals as well as with organizations. Our audit professionals and consultants work closely together sharing their collective knowledge and expertise to provide integrated business solutions for clients.
Optimizing the benefits of audit to our clients is a major priority. We render opinions on statutory financial statements in accordance with local laws and regulations. We specialize in management audits, systems reviews and are also relied on for valuations, prospective financial information, internal audit and other attestation services.
Kaid Auditing Co. Offers
More Information and expert advice reach out to Mr. Kashif Husein 📷
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2023.05.27 18:03 martusameri How To Start Your Own Practice And Not Be Burned Out By PT Anymore.

I see a lot of frustrated posts by PTs about low salaries/too high of a caseload etc. so I thought I'd post some advice for starting your own practice because I truly believe that is the largely the way forward for our profession as a whole.

All that negativity about shitty companies taking advantage of new grads etc. is completely valid...there are a lot of shitty companies in our field that focus on quantity not quality. I hope I can help some people see that it doesn't have to be that way and that there are other options.
Some background on my practice: I run a small practice (myself, 2 part-time 1099 PTs, and a part-time administrator) in an urban area and I've been in business for 2.5 years. My practice isn't perfect, it's not the end-goal for me, but I take every other Friday off, I treat no more than 10 patients a day, it's all 1:1 care for 60 minutes and I take home about $120K/year pre-tax and I pay my 1099 contractors above going rate. I also take Medicare, I take Carefirst (which is the largest payer in the area) and I accept out-of-network patients from Cigna/United etc. My practice isn't in a big space with lots of overhead. I rent 2 rooms in a community center (very affordable) and furnished the equipment there myself (Crossover symmetry bands, adjustable dumbbells up to 50# each, infinity bands, table, a barbell and some bumper plates...and a few other things...there is a knee extension downstairs and some cardio equipment in the community center) Again, it's not the flashiest clinic and it doesn't have everything I want but it gets the job done.

Advice...I am just one guy with no business training, no mentorship and no business background that did this myself during the pandemic when I couldn't get a job anywhere. It's probably not the perfect runway to success but it's my experience and I hope it's helpful.
**Making your exit**
If you're currently working OP and want to run your own clinic in OP but are afraid of your shouldn't be. They are largely unenforceable legally speaking (they can't stop you from making a living where you live) especially if you don't *actively* solicit your patients to leave and follow you...if they choose to follow you though...who are you to stop them from seeking out care they want? However, if you're uncomfortable with that...then leave your OP job and go work in-patient or better yet, work 2-3 PRN inpatient jobs or homehealth jobs (depending on how many shifts you want.) They pay well and they won't conflict with your OP practice once you get started. I personally like the PRN route becausae you can start dropping PRN shifts as your personal practice gets more popular. That way, you keep your income coming in and it's not as big of a risk as leaving your OP practice all together and starting with nothing. From personal experience...that is very stressful.
*I didn't get to do this route because again, I started in the pandemic with no job. However, if I had to start over again, the PRN route is what I would do.

**Establish LLC**
Some people prefer S-Corp. My understanding is it may be beneficial over an LLC down the road when you're making decent money but it's more complicated and requires more paperwork and that's not what you need right now. An LLC is easy. Just search your state and establish LLC and you can likely make one online in like 30 minutes for $150. You'll get a tax-ID number and once you have that you're ready to rock.

**Open business bank account**
You'll need your tax-ID number for your business. You need a separate account so insurance companies can send you money for your services. Open a bank account for your business and you're off to the races.

**Finding a space.**
I initally worked out of an amazing gym and it was VERY hard to build a caseload because there was no parking and it was in a busy area of downtown so rush hour traffic was awful. Don't make that mistake. Prioritize the following: easy to get to...easy rent. That is what you want. Easy to get to...easy rent. You don't need a massive storefront ATI lease when you're starting out on your own. Look at community centers...consider renting space from a gym (as long as it fits into those three rules).
*Easy parking. Easy to get to. Cheap rent.
-Try not to pay >$700/month for your space if it's just 1 office room.
-It doesn't need to be big. The most effective part of PT is 1:1 time, your hands, your knowledge, your rapport with the patient, your ability to diagnose and treat what they have going on...flashy equipment is nice but it's expensive and when you're starting don't need expensive thing :)
- Don't do a percentage of revenue (or if you do, put a very short term on 3-4 months just to help you get going.) Even if you only pay $15/session...once you are seeing 15 sessions a week suddenly you're paying $1,000/month for rent. Don't sacrifice your long-term success for short term comfort.
***********ADDED: Do not be afraid of the big PT companies. I set up shop DIRECTLY across the street from both a Pivot and an ATI because the space fit the three rules above. Pivot is a little hidden within the large building across the street but ATI has a storefront presence you can see from the road and I do not...I'm hidden within a community center across the street. On paper that sounds pretty bad. They are both within 100 meters of my clinic and I do not care. I couldn't handle the ATI volume if it came my way anyways. My schedule is full of people that specfically *do not want* the high volume PT experience. The space fit the rules above and I didn't let the larger companies scare me away.
So this is a big you take it?
-Medicare: I would highly recommend taking Medicare...and just pay someone a few hundred dollars to get you set up...don't bother doing it yourself. Medicare patients love and need physical therapy...Medicare typically pays pretty decent ($100-$115/session at 4 codes in 54 minutes.) Also, these patients typically come to PT in the hours that are typically slow (11am-3pm) and they are an easy demographic to market to because they don't typically have to pay for care. It can take a month or 2 to get set up with Medicare so start the process right away once you find a space (even if you haven't started treating there yet, you can get the ball rolling with Medicare once you signed a lease/rental agreement.)
-In-Network Private Insurance: By using Google you can typically find the marketshare of different insurance companies in your area (for example, how many people have Carefirst versus Cigna etc.) I google searched my city and that healthcare insurance marketshare and eventually found the answer. If 10% of people have Cigna and Cigna sucks (which they do) then don't waste your time taking them right can take them later if you want (probably don't though.) Once you know who are the big dogs in your area...look up their fee schedules for physical therapy codes and see if they are worth your time. Sometimes this can be challenging to do. You sometimes need to start the credentialling process to see the numbers...once you get the numbers from can always decline and not sign the contract. I'd say if they pay less than $90/session you probably can't be in-network with them if you're treating 1:1 for an hour. can bill 5 codes/hour with private insurance (AMA) if they aren't following Medicare rules. Medicare is 4 codes in an hour (54 minutes.)
-Authorizations: You do need to understand and take the time to know which plans require authorization. Call the insurance companies to get the answers if you can. For instance, in my area...anyone with a Carefirst plan that starts with MYY needs an auth. I missed that a couple times and ended up treating people for free :/ that'll happen but try to minimize it when you're starting out.
- Out of Network Private Insurance: Great option here. Out of network insurances will typically pay $140-160+/session. I am out of network with Cigna/United/AETNA because their in-network rates are laughable/depressing (still haven't figured out which....maybe both???) Yes it means it's a bit harder sell because patients have to use their out-of-network benefits and typically have a deductible but oftentimes patients do see the value of 1:1 care and they are willing to pay cash-rates for a short period of time until they hit their deductible and their insurance starts to cover some of the care.
So in overview...I'm in-network with Medicare and Carefirst (Carefirst has 80% marketshare in my area) and OON with Cigna/AETNA/United. I wanted to take Medicaid but I can't because it's illegal to charge a cancellation fee for this group. Since I treat patients 1:1...unfortunately I can't afford to just have cancellations that I don't charge for. It really sucks and I wish this wasn't the case but that's the system we live in right now.
My reimbursement breakdown is the following:
Medicare pays me about $105-115/session, maybe around $130/eval.
Carefirst pays about $95/session (just barely what I need to run the business)
Cash patients: $150/eval $135 treatment
OON patients: Around $140-160/session

Don't do it yourself. Just don't do it. Don't do it. I'm highly recommending you don't do it. Please don't do it. You will hate your life and be bad at it. I use a company called Big Sky Billing. They work with people just starting up and they also work with large companies. They charge me 5% of whatever I get reimbursed by insurance and that is well worth the time of not calling insurance companies, resubmitting when I forget a modifier etc...following up on late reimbursement etc etc etc. They also helped me understand out of network billing. They are wonderful. I highly recommend you do not do your own billing.
Don't try to do everything. You are good at treating people. Outsource the things you're bad at it. You're bad at billing.
Set up your own google gmail with your company [[email protected]](mailto:[email protected])
I use a google voice number so I have a separate line for my business that people call and it rings on my cell phone. It's cheap and easy.

You may not need an admin from the start. I didn't use one till I was seeing 20 sessions/week and it really freed me up to start seeing more people. The main benefit of admin is that someone answers the phones, they do your auth's, they check and verify people's insurance benefits and they can also do scheduling. I recommend finding someone that wants to just work part-time and be a 1099...for instance, a stay-at-home parent who only wants like 10-15 hours/week is perfect.
Okay so you have your are in the process of have a biller set the heck do you get patients? What you do have right now is time. So wield it. Contact community centers around you, gyms around you and offer to give a 45 minute workshop on something...falls risk prevention for the older folks, the importance of strength training (and how to do it) for our older folks...easy tips for treating back pain...make flyers on Canva and post those things EVERYWHERE...go into coffee shops...gyms...whatever just leave them wherever you can..
Google My Business: Most important thing you can do. Most patients don't want to go far so they google "PT near me" and then that little map comes up on Google maps with the pins. Google My Business is how you put your pin on that map. It's freaking free and it's the best marketing. Make sure you fill out the whole profile (rank will be better.) Then, once you discharge patients...MAKE SURE YOU ASK FOR REVIEWS. It feels awkward at first but you have to do it. Patients read reviews to figure out where to go. I email them something like the following after discharge: Hey X once again it was great to see you and I'm so happy you're feeling better and doing so well. If you're open to it, there are two or three amazing ways you can help a small business. 1) Writing a google a review (link here)...patients often don't know the difference between PTs or where to go and reading about your experience will literally make all the difference in who they seek out for is also just incredibly helpful for a small business in getting the name out ahead of some of the larger corporations. Second - if you have a portal where you can drop a line to your doc...they don't know the difference between where people can get PT...hearing about your experience with me can actually literally change who they refer patietns to in the future. Thirdly...simply just mentioning your experience to your friends and family is hugely helpful. Of course, please don't feel any obligation to do this. I hope whenever you're around you feel comfortable popping in and saying hi! It's always great to see familiar friendly faces and I love hearing how you're doing. Wishing you well.
Website: Don't worry about SEO. I'll probably get crucified for this but you just can't compete with the big companies pouring money into it. You're not going to rank in the first page on Google anytime soon. Don't waste your money on it (at least for now.) You want a website that looks nice and is up so that when people find you (through more organic means) they can go to your website and see that you're legit. I use squarespace. It's super easy...pretty affordable and looks good.
Social media: Make an account and start posting. Post on NextDoor and whatever apps you can. Don't sound desperate (nobody wants to go see someone who is desperate for patients) just announce your services and that you're looking forward to contributing to the community.
Docs: Don't buy them lunches. Don't do that. They often don't care and they won't refer you many people but it IS Helpful to go to their offices...just don't spend a ton of time and money on them. Go there, find the names of the docs...go to the front desk and say something like the following: Hey there - I'm a new PT in the area and I've worked with a few of Dr. X's patients...I just wanted to drop off some more cards for them to help with their PT they have an administrative assistant I could chat with for a moment?" Sometimes you get to talk to them sometimes you don't. Either way, your cards are now in their office. Some of those visits won't lead to any patients but some of them will. Once you get a patient from them...make sure to fax the progress note and maybe even drop by the office with a hand-written note saying "thank you for sending over X (even if they didn't an the patient just found you mindful of HIPAA don't use the full name) we are working on xyz and they're doing better already...I look forward to working more with you in the future, here's my direct line if you have any questions" and sign your name/numbeemail. I got this tip from a friend and i'ts very helpful.
Gyms: Go talk to the owner or manager. Let them know you're a new PT in the are and you're looking for a good gym to send your patients to. This will make them very happy. Ask about their trainers...who is good with working with older adults? Who likes athletes? Show interest in who would be best for your patients...THEN ACTUALLY REFER YOUR PATIENTS TO THEM and when you do, make sure you ping the patient to let them know to tell the manager that you worked with them and recommended they go there. They will now think of you when they have people in pain. The more you give, the more you will get in return.

**Paying PTs**
In the future I plan on hiring W2s and having full time PTs. But honestly, that's a bit much for me to wrap my head around right now. I have a toddler and things are busy enough without all the complications that go into W2 hiring. I decided to start small, hiring 1099 contractors and paying about $50/hour. I used Square to pay them and it was incredibly simple. Write up a contract (or now you can probably have ChatGPT do it and then have a lawyer look over it) get their info and put it into Square and then you can now pay them for their time. I pay them per risk because you're only paying out money when you have money coming in (although yes it can take a while for insurance to pay you but typically it's like 4-6 weeks.)
**Wrap up**

Yeah that's a fair amount. I just kind of wrote this off the top of my head because honestly, there is a lot of negativity in this channel and I hope that maybe we can turn some of that around. This list isn't everything... but it's a large part of it. I really think the future of our profession hinges on how many of us are willing to be independent providers and not work for big corporate mills. I cannot tell you how many patients see us and are so thankful to just have 1:1 attention. It makes such a difference in their outcomes and how you're able to change their life and relationship to their body.
I'm just a guy who came out of school in February 2020. Turns out...really bad time to start looking for a job. No business background, no family in business, no mentoring, no training. Just figuring shit out because I literally had no other option. It felt like drinking out of a firehose at first. I had a baby on the way and no job and no money coming in. Really not great. I don't say that to brag. I say it because if I had any other option at the time I would have jumped on it and probably been really unhappy with a low paying high volume job but I would have justified it because of the security it provided me. I would never have started down this path if I had another option because I was too afraid of what went into running a business and I doubted my own capacity. Now, I am so happy I did what I did and I would never go back to working for a big company. The way I did this is not the only way to do it..some of you probably have better ideas..but I do think it's a pretty decent one and it's approachable for those who don't know what the heck they are doing. Or at least I hope it is.
DM me for questions. Happy to help out.

You can absolutely do this and I hope you do.
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2023.05.27 17:57 WideAd8358 24 May 2023 (Kurt Tay) - Q&A (Part 4)

What if your client die die want your service on your workday ? Will you take MC ?
Let's say if I already get full time SSS job and I have to work 6 days work and I got the BDSM client or maybe I got clients for my friendship business. If they want me take me out of my work day, will I take MC? Answer is No. I want to be a responsible employee. Its not good to chao keng and take MC. I am a famous online celebrity. If I chao keng and take MC. Later my boss see "Hey, Kurt Tay is going out on a date with the client. How come he tell me he is sick and take MC" If BDSM business, maybe he won't know because its a bit discrete, a bit confidential. However, it is not right to chao keng and take MC. I always don't do this thing my whole life. This is no good. Even when I am a little bit sick, I will always go to work. Even that time my leg was hurt. My leg was limping. I couldn't really walk but I still insist to go to work.
How many people in BDSM community in Singapore ? I mean the slaves.
Answer is I am not so sure.
You not tell your family you not working at Yishun condo? You bluff your family you go work ?
Answer is No. I got tell my family. There is no such thing that I bluff my family. I don't bluff my family. My family know that I no more working at vessel job. My family know that I no more working at Yishun condo because Adhoc jobs sometimes cannot find. Cannot find means there is no income. Later my friend think I go work 6 days, have a lot of money. No, I never bluff them. I tell them I working adhoc job right now.
How can you justify charging $300 per hour plus hotel when your former owner Luna charges $260 and has 1 year experience ?
My rate is $300 per hour except for friendship business. For friendship business, frankly speaking, if you going to charge $300 per hour, confirm plus chop, super guarentee plus chop, confirm will have no business. Its too expensive. My rate for BDSM business and also social media (to interview me), minimum is at least $300 per hour. I am a super star. I am a famous online celebrity. For me to charge higher price than Mistress Luna is reasonable. Because I am a big big star. I am an online celebrity. Nevertheless, I still charge lesser rate than Tammy Tay because Tammy Tay charge $500 per hour for BDSM session. You see, my charges is much lesser than Tammy Tay. For superstar rate like me, $300 is considered very very low already. By right, given a superstar celebrity like me, I can even charge $500 per hour. But I have buddha heart. I charge only $300 per hour. Mistress Luna is not an online celebrity like me. She is not famous like me. What is wrong with me charging higher than Mistress Luna because I am a big big star.
Are you going to charge rejection fee for client who reject when they see you ?
If you go to see my website, my website clearly states the terms and condiitions. There's no such things as refund when you put the deposit. I expect my slaves to put the deposit of $100. There no such thing as turn up for the session and rejection "Refund me my money" No. No. No That is why you should always read the terms and conditions carefully on my website. And if a person want to book me, I will explain the terms and conditions. Its stated very very clearly on my website.
Why you never show your face on your website ?
It is not compulsary for a BDSM master to show his face. Mistress Luna also never reveal her face on her website. In face all 3 BDSM mistresses that I engagae before, I don't know how their face looks like until I meet them for the first time. Whether you like the face or not, I have to respect this thing. So far all the 3 BDSM mistresses, I am ok with them. For example, I meet someone but she is angry, I will still not reject because due to respect. We already make an appointment. We spend the time to make appointment to come here right. Just because I going to reject, its not so nice. You have to test the services whether she is good or not. And that is respect. Last time when I run the escort agency, there were some clients, they dont respect. When some of my female escorts reach the appointment, the clients reject say "I don't want her. I want to reject her. I want to find another female escort" These people they are inconsiderate. They have no respect. Because I respect even her face might not be the one that I actually wanted, but I will still respect. Because we spend the time just to meet for this session. So matter what we still have to go for it. Usually I can tell you that 99.99% of the BDSM mistress will not reveal their faces until you meet them for the session. Of course Tammy Tay is different. Tammy Tay reveal her face. There's nothing for me not to reveal my face on the website. If I show Show Lo and Wu Zhun as BDSM master on my website, this is called deceiving. Trying to cheat on the customer. Because I show Show Lo face. Turn out become Kurt Tay face. But my website clearly can see that there's no faces. When there's no faces, that means I am not cheating anyone because I never show the face on the website.
You have kukujiao. Will you wear a strap on like how Mistress Luna fuck your ass ? To fuck client's asshole or virginal.
This is interesting question. Mistress Luna use strap on dildo to fuck my asshole (doggy style) because women doesn't have a penis. For female slaves, I actually will ask her first. If she don't mind me to use my kukujiao to fuck her. Maybe she want me to fuck her. Maybe she don't mind me to use my kukujiao to fuck her. Of course I will actually feel more excited if I can fuck her with my real kukujiao. In this case, my wife will be angry. If I don't reveal to anyone, nobody will know. But of course, everytime I say 人在做天在看。 I haven't really make a decision. If I use dildo to fuck a girl, that means I am not cheating on my wife. Because dildo is a toy. Its an item. Its an equipment. Not the real private parts. If I use dildo, I am not considered as cheating my wife. But if I use my real penis, my real kukujiao to fuck a slave, the girls, thats considered as cheating. I don't know man. But you see, if I want to get female slave, its not so easy like what you think. Its almost like quite impossible. And for guys, to fuck the guy's asshole, the anal hole. Thats not easy man. The virginal hole is more bigger. You want to fuck the anal hole. Seriously its not easy. Especially, some of the guys, the anal hole is fucking small. And your kukujiao want to go inside is a bit hard. My working colleague Angle got tell me before. Got customer want Angle to fuck the backside. Angle try to use the lubricant on the customer. Put the lubricant on the asshole. Men spa. Not every client want to fuck the masseur. Some of the clients prefer to be fuck by the massuer. Angel try to fuck the customer but its not easy. The client's anal hole is so small. Unless some clients kenna fuck by 1000 people right, maybe the hole will be more bigger. The hole is so big until the whole fist can go inside. For some of the men, the anal hole is so small, it will be a bit hard to use the kukujiao to go inside the hole if its too small. But if you use the dildo, it will be like more easy to fuck a man's asshole. I don't know man. I am not gay. I am straight. You want me to use my real kukujiao, like I having sex with male slave, its not good man. I am not gay. I am straight. I most probably going to use a dildo, not kukujiao on male slave.
You got plan to migrate or not because Singapore cost of living is so high.
Wow. I have to think first Because I did think I want to migrate to other countries. Singapore is too expensive. If you migrate to certain countries, the money for HDB, you can use the money to build 2 story big big house like bungalow. In Singapore, you spend so much money, you can buy a small small HDB flat. I did think before. My parents they don't want to migrate. I am super super famous in Singapore. If I am going to migrate to other countries, it won't be like Singapore. Got so many fans approach me to take photos with me. I will see how first. I love Singapore. I super love Singapore. My problem is Singapore is a bit expensive. I have to think first. I still like Singapore. I got this thinking I want to migrate to other countries so that its not so expensive. But I have to think first Currently, I dont have any plans to migrate to other countries. My parents also want my children to grow up in Singapore.
Do you think Mistress Luna can train Lesnar in toilet ?
Answer is No. What kind of question is this? Mistress Luna is BDSM mistress. She is a dominatrix. She is not trained to train children for toilet training man. So its two different things.
Mistress Luna if she ask Lesnar to use me as a human toilet to train. Do you think that will work ?
Answer is No I do BDSM stuff. Please leave my children alone. Don't get involved with my children. BDSM session is supposed to be me and her. Nothing to do with my children.
Your son usually sleep what time ?
Its hard to say. My daughter actually sleep earlier like 12am or 1am. Nowadays, my wife will ask my daughter to sleep at 12 midnight latest because next morning need to wake up to go to school. My son Lesnar, he usually like to sleep late like 2am or even 2.30am. But sometimes he might be tired, he might sleep at 12am also. Its not confirmed man. It really depends.
If Wen Loong pay you, will you unban him ? He say he go your house.
Wen Loong that time threaten me want to go to my house. If Wen Loong pay me $25, will I unban him? Answer is Yes. If a person pay me $25 unban fee, how can I not unban him? If I don't unban him after he pay me right, I'm actually cheating someone. This is not good. This is dishonest. The $25 unban fee is for my Real Kurt Tay fan club group. For people who insult me, I will ban the person. I will no more like last time like begging me to come back then unban. No more. At first I set unban fee at $50. Second time at $100. Third time at $150. Fourth time at $200. But I felt that its a bit expensive. I have a buddha heart. I lowered down my price to $25 unban fee for the first time. If you second time, you going to pay $50. Third time is $75. Fourth time is $100. Reason is because people take it for granted. I ban them, they beg me, I unban them. They insult me again. So $25 is a reasonable price.
Do you think you can tahan caning by BDSM mistress in 10 years time when you are 50 years old.
To be frank, I havae never kenna caning before in my life until recently when I experienced the caning by mistress Luna. So the pain is terrible. The pain is super painful. If you listen to the audio, I was really screaming in pain. She put the dirty, smell socks inside my mouth. My mouth actually stuck with socks. And despite something inside my mouth, I still screaming in pain when I kenna caning by mistress Luna because she use full force. She show no mercy and I love it. I like it when BDSM mistress show no mercy when she cane me. She can use full force. Its fucking painful man. My whole buttocks swollen with cane marks. Red Red after kenna caning. Don't even say 50 years old man. If I going to go for second time and kenna caning again right, I tell you something man. Its terrible. I very scared But after caning will feel shiok. During caning will feel very painful. Dont even say 50 years old. Now I already feel cannot tahan already. Its fucking painful. Those who never try before. You go and try. Its fucking painful. Its extremely painful. 50 years old shouldn't be any problem because I am human God. I say before my body age will stop growing older when I reach 44 years old. Whether I 50 years old, 70 years old or 80 years old, 100 years old, I actually only 44 years old. I will not grow older. I will not look old because I am human God. I think I should be able to tahan when I reach 50.
You go BDSM got pay deposit ?
Answer is Yes. All the 3 BDSM mistress which I engage, they actually require you to pay deposit. Because its to prevent prank call. Because they usually expect all their slaves to pay deposit. If you don't pay deposit, that person might play prank call. Very important that you pay the deposit.
What if they take your deposit and run away ?
Are you going to clementi police station and tell them they scammed your money or not ? What the fuck is this Singapore? How are they going to run away with my deposit when they transfer the money to my bank account ? How are they going to run away when the money already transferred to my bank account ? This is a funny question because it doesn't make sense.
When Kurt becomes older, does the number of penis slapping require to be more or the same or lesser ?
The slapping can be my face. Can be my kukujiao. When I go for my BDSM session, whether its my wife or with the BDSM mistress, we don't count the number of slaps. We usually count by the minutes. I can tell the BDSM mistress to slap my kukujiao for 10 mins non stop. Or slap my face 10 mins non stop. So we dont count by how many slap. Its count by duration. When I grow older, usually depends on myself. Usually the slave will tell the mistress how long they want their kukujiao or face to be slap.
If you 50 years old, can still fist fuck your ass ?
No matter what age, I don't mind the female to fist fuck my ass, my anal hole. In In Out Out. Fist fuck. It doesn't matter what age I am.
submitted by WideAd8358 to kurt_tay [link] [comments]

2023.05.27 17:26 ForeignInsurance670 Random Chunk of Change Aftwr Transfer

I just got a random $255 from the State before payroll. I transferred between departments in the middle of the month and I just don’t know what that chunk of change is for. My best guess is that a few of my “vacation” banks were not transferrable (e.g., PD Time, ITO Time).
My actual vacation bank has about 100 hours in it. SCO Connect hasn’t updated my counts in months and I obviously can’t go back into my previous departments payroll system and see what happened.
My question is: would they have cashed out my primary vacation time without asking? Is that still transferrable between departments?
I don’t remember the cash out rate, just that it was shitty. That time itself was worth more than the shekels they try to pay us for it. I’d hate to have lost it.
submitted by ForeignInsurance670 to CAStateWorkers [link] [comments]

2023.05.27 17:02 AssumptionFit6688 Private loan providers for outstanding student debt?

There is another thread on this from 5 years ago, but I wanted to ask for the more updated version.
Basically, I had an outstanding debt from my last semester that was completely uncovered by financial aid (didn't submit my FAFSA on time). Because of its amount, it was sent to the Attorney General for my state. After talking with my school's financial aid department, they seem pretty despondent that any student lenders like Sallie Mae or Nelnet (my current student loan provider) would be willing to give me a loan for something that was sent to the AG's office.
Barring those options as I reach out to other student lenders, what are the best private lenders/what are your experiences with them? I'm obviously researching interest rates currently with a bunch of different banks or otherwise. My plan currently is to ask my family to co-sign a loan to build credit as well, unless they think it better just to take the loan out themselves and I pay them for it.
submitted by AssumptionFit6688 to personalfinance [link] [comments]

2023.05.27 16:33 OutsideOld2825 ATD Money — Payday Loan in India

ATD Money is an online micro-financial solution provider offering hassle-free mini-cash loans to salaried individuals. Their paperless application process makes getting a loan quick and simple - they'll have you approved in no time at all!
ATD Money offers personal loans with competitive interest rates and reasonable processing fees to people with poor credit, so even those who struggle can easily obtain one. They also have competitive processing fees and annual interest rates to help make getting financing simpler than ever.
ATD Money is a micro-finance platform
Accessing instant cash loans through ATD Money has never been simpler! Their financial technology service makes obtaining instant loans simpler than ever - you can even receive your money within 24 hours! No paperwork is needed either; all it takes to apply for one is downloading their app and filling out some basic information - once complete you will be informed if approved!
The company provides unsecured personal loans to those in need of quick funds quickly, such as emergencies or unplanned expenses. These small loans can be used for many different reasons and are available to anyone with a steady income who meets the minimum criteria for eligibility - this service is offered nationwide.
ATD Money offers more than just personal loans; in addition to this service, it also offers its customers other services. Through its app, they can track loan statuses and pay bills on time. There's even a mobile payment option that lets customers pay from any location! Plus there are discounts from partners such as Myshopbazzar.
ATD Money is an emerging microfinance provider offering hassle-free online mini-cash loans for salaried individuals in the Delhi NCR region. Part of ATD Financial Services Pvt Ltd, this division specializes in hassle-free mini-cash loans designed specifically to meet salaried individuals' financial needs.
Working-class people often experience financial strain near the end of each month. ATD Fintech's "payday loan app" provides an effective and quick solution, offering loans based on average monthly take-home salary; providing much-needed relief to those facing unexpected expenses.
This application has helped many in emergency situations. The free-to-use app makes obtaining loans easy - within five minutes you can have one disbursed! Just download, fill out some basic information, and upload documents (if required) - your loan should disburse within 30 minutes and you will be provided with a permanent ID that lasts.
It offers instant personal loans
ATD Money offers personal loans at competitively low-interest rates to Indian citizens, making these loans suitable for home repairs and medical expenses, among other uses. Applying is fast and simple - both online or at a physical location! Plus there are plenty of repayment options with deferral periods as well as no guarantor fees or credit checks required!
Many working-class people face financial difficulty at the end of each month due to unexpected expenses. ATD Fintech and their app, ATD Money, have developed a solution allowing salaried employees instant cash loans based on their monthly average income.
ATD Money offers a free app download that makes applying for loans quick, painless, and stress-free. Simply provide some basic personal information, select an affordable repayment schedule that suits you, and the company will send monthly payments directly into your bank account. Furthermore, ATD Money allows users to track progress as well as access their credit score status in one convenient place.
Loans like payday loans may seem appealing at first, but they can be dangerous for those with poor credit. Payday loans report to credit bureaus and, if not repaid on time, can create an ever-escalating cycle of debt. Furthermore, payday loans tend to charge high interest rates which makes them an expensive source of funding.
MoneyTap's small personal loans provide an alternative to payday loans with lower interest rates and easier repayment terms, no credit check requirement, and collateral-free use. MoneyTap loans may help those in a financial emergency find relief quickly - whether for medical emergencies or unexpected expenses.
It offers loans for salaried people
ATD Money is an innovative online micro-financial solutions provider offering hassle-free mini-cash loans for salaried people. Their loans do not require credit checks or guarantors and could provide an attractive alternative to payday loans which often carry higher interest rates. Furthermore, ATD Money allows deferring repayment, which helps build your credit rating in the process.
Payday loans are small, short-term unsecured loans typically due on your next paycheck. They're commonly used by people living month to month who need extra help covering unexpected expenses; however, the high-interest rate can quickly spiral out of control. Therefore individuals must understand how payday loans work before applying for one.
To qualify for a payday loan in India, you must meet certain criteria: *You must be an Indian citizen with a valid bank account number *You must also present proof of address and identity * You must also hold full-time employment and can demonstrate income via pay slips/bank statements *And finally... you must also maintain an adequate current balance in your bank account
Your borrowing limit depends on your state and lender. Some allow up to $500 loans while others provide higher amounts. Apply for payday loans online or in person and expect funds within several business days.
ATD Money is a leading microfinance solution provider in India, offering instant personal loans, two-wheeler loans, and business loans quickly and conveniently to salaried individuals. You can apply online or at an ATD money store; funds arrive directly into their bank accounts within 24 hours! Their competitive interest rates and low processing charges help prevent going into debt too easily.
It offers loans for bad credit
If you find yourself needing funds fast for an unexpected medical bill or family wedding, payday loans could be the perfect way to cover financial emergencies. They offer short-term solutions with minimal paperwork requirements that provide much-needed emergency funding quickly and are even unsecured so there's no risk to assets should repayment fail.
ATD Money is a leading microfinance solution provider platform offering advance cash loans at the most competitive prices available. Their fast, simple, and hassle-free loan approval process requires applicants to upload documents and other basic details before being informed within three minutes if their application was accepted or declined for loan approval.
This company, located in Mumbai, India, boasts an expansive branch network across India that makes borrowing money convenient and hassle-free. English and Hindi services are both provided, and their staff has extensive experience in this field; their goal is to provide customers with outstanding customer service.
Contrary to payday loans, ATD Money's loans are regulated and don't carry high-interest rates. Available to any citizen of India without needing a guarantor or credit check; ATD Money also works within Indian law to safeguard customers' data.
ATD Money is a mobile application that provides people with quick and easy personal loans in minutes. A lender will match them up with an appropriate lender who gives them their desired amount. Once approved, their loan is then directly deposited into their bank account with reminders sent when due; if payment becomes difficult they can request a rollover option from the lender instead. In addition, users of ATD Money's app can easily track their repayment history as well.
submitted by OutsideOld2825 to u/OutsideOld2825 [link] [comments]

2023.05.27 14:32 Brannigan_Zapppp CC debt and car options...

20K in CC debt (started a business, didn’t fly (I know))
Now have a steady job with the state
Business is now a steady side job making an extra 600 - 1000 a month.
Need a new car badly. Needs to be good looking enough to meet people in the field for the side job. (Not pretty, I just mean my beat up sedan won't cut it - think of a landscaping consultant - some sort of SUV or crossover, I know I can’t touch a truck in this market)
State income: $2800
Side job: $600 - $1000/month
Total monthly bills: $1900
Extra income for debt/ car: $1500 - $1900
I would love to throw every extra penny at the debt first, but I need the car to do the side job, and the current car I have is on it’s last legs and soon won’t even get me to my state job.
I’ll have $3500 by the end of June for a possible down payment.
I’ll also hopefully be able to sell the current beater for at least $2000 (hopefully lol!) that would go straight at the debt as well. (Or E-fund…)
I know the advice would be to get a beater…but that won’t let me keep my side job, and I would lose the $1000 a month from that….
I’m just having trouble deciding what to do. I know I need the car, butI have no idea what kind, or how much I should be spending (obviously not a lot…but it’s gotta get the job done)
*Possible windfall complete debt loan from parents if a land sale goes through within the next 8 months - but I won’t bank on that. (I would pay them back at a rate of about $500/month with no interest (hey we can hope huh?)
**My beater just cost me $600 out of my savings to fix a problem that arose…it has 215000 miles on it and looks rough as hell (go Mazda though!)
submitted by Brannigan_Zapppp to personalfinance [link] [comments]

2023.05.27 11:30 Crediting_in Need loan

Need loan-Various steps involved and Different Loan options
In today’s fast-paced world, the need for loans is increasing at an unprecedented rate. Whether you are planning to buy a house, car, or need funds for your education, a loan can be a great option to fulfill your financial requirements. However, before you apply for a loan, it is important to understand how the process works and what options are available to you. In this blog, we will discuss the steps involved in getting a loan, various loan options available in India, the names of financial companies that offer loans, their key features, and an EMI calculator.
Steps Involved in Getting a Loan:
The process of getting a loan involves several steps. Here are the steps you need to follow to get a loan in India:
Step 1: Determine your loan requirement — The first step is to determine how much money you need and for what purpose.
Step 2: Check your eligibility — The next step is to check your eligibility for the loan. This includes factors such as your income, credit score, and age.
Step 3: Choose the right loan — There are various types of loans available in India, such as personal loans, home loans, car loans, education loans, and more. Choose the right loan that suits your requirement.
Step 4: Gather the necessary documents — Once you have chosen the loan, you need to gather the necessary documents, such as income proof, ID proof, and address proof.
Step 5: Apply for the loan — You can apply for a loan either online or offline, depending on the lender’s policies.
Step 6: Verification and approval — After you have applied for the loan, the lender will verify your documents and eligibility. If everything is in order, your loan will be approved.
Step 7: Disbursement of funds — Once your loan is approved, the funds will be disbursed to your account.
Loan Options Available in India:
There are various loan options available in India. Here are the most common loan options:
  1. Mudra Loan — Mudra loan is a scheme launched by the Indian government to provide financial assistance to small businesses, including women entrepreneurs. Read More
  2. Term Loan — A term loan is a type of loan that can be used to finance long-term business requirements, such as equipment purchase or expansion. Read More
  3. Business Overdraft — A business line of credit is a type of loan that provides a revolving credit facility, which can be used as and when required.
  4. Equipment Financing — Equipment financing is a type of loan that can be used to finance the purchase of equipment for your business.
  5. Business Installment Loan– Short Term Unsecured Loan maximum Tenor of 60 months Read More
  6. Loan Against Property — Personal Loan Secured by Collateral . A great way to take loan in one’s Individual capacity and Deploy funds in the Business .Read More
  7. CGTMSE Loan — A Collateral Free working capital loan is a type of loan that can be used to finance day-to-day business expenses. Read More
Financial Companies Offering Loans:
There are many financial companies in India that offer loans. Here are some of the most popular ones:
  1. State Bank of India
  2. HDFC Bank
  3. ICICI Bank
  4. Axis Bank
  5. Bajaj Finserv
  6. Tata Capital
  7. Kotak Mahindra Bank
  8. IndusInd Bank
  9. Yes Bank
  10. IDFC First Bank
Key Features of Loans Offered by Financial Companies:
Different financial companies offer different features for their loans. Here are some of the common features:
  1. Interest Rates — The interest rate is the amount that you need to pay in addition to the principal amount. The interest rate varies from lender to lender.
  2. Loan Amount — The loan amount varies depending on the type of loan and the lender’s policies.
  3. Repayment Period — The repayment period is the time within which you need to repay the loan amount. The repayment period varies from lender to lender.
  4. Processing Fees — The processing fee is the fee charged by the lender for processing your loan application. The processing fee varies from lender to lender. Can help you with Detailed Project Report with CMA Start WhatsApp chat to know more CLICK HERE
Know more about Business Loan -> Click
Know more about Loan Against property -> Click
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submitted by Crediting_in to u/Crediting_in [link] [comments]

2023.05.27 09:58 C_Plot Markets and Non-Market Allocation of (scarce) Resources

From /socialism
What are the cons of market socialism?
In many ways the moniker ‘market socialism’ is merely a misunderstanding often promoted by the capitalist ruling class and their minions. Socialists then also fall into the trap set by these apologists for capitalism. The capitalist cannot defend themselves against the devastating Critique from Marx, Engels, the Marxist tradition and the broader socialist tradition. So instead of focusing on the call to end class antagonisms and the class distinctions that undergirded those antagonisms, the ruling class and their minions focus on central planning versus the market. Like grifters they use this sleight of rhetoric to dismay and deflect.
If you read Marx’s Critique of the Gotha Programme, you will see that his term for what you call ‘market socialism’ is ‘communism’: it is just communism of an initial lower phase. The elimination of classes and class antagonisms establishes communism/socialism. Only then do we create the material conditions where we might find superior recipes for cookshops of the future to replace the market as an allocation/rationing mechanism with superior mechanisms. The dream of central planning was a dream of capitalists such as JP Morgan and the capitalist sympathizers in actually existing socialist aiming nations put the cart before the horse to leap directly to central planning (before eliminating class antagonisms and placing workers in the position of directing the appropriation and distribution of their own surplus labor).
Obviously, if you spend a million years crafting a beautiful sculpture but we are in an agricultural crisis, the loaf of bread is worth more to the starving people. I think this is what market socialism captures the best as opposed to a planned economy where the artist may continue to be an artist despite no need for it at that time.
It all depends on the way the economy is centrally planned or otherwise allocates / rations resources. If it aims to avoid starvation, then it might very well achieve that aim. The impressive thing about markets is that they clear (they find buyers for what is being sold, in the right circumstances) but they don’t necessarily stop starvation. If you lack the funds, the morality of the market merely says you are supposed to starve (not that it will prevent your starving).
Now a perfectly run planned economy would work.
The same can be said of the market. The economists assume a perfect market. The vulgar economists then surmise from a simple syllogism: given the assumption of perfect markets ergo markets are perfect.
Also, planned economies could stop fun products such as gag gifts and even new inventions from being created as they are not deemed essential, even though there might be a surplus of needs already.
Read Einstein’s ‘Why Socialism’. He clearly has a conception of a planned economy aimed first and foremost at meeting the needs and wants of consumers (including certainly avoiding starvation and allowing for gag gifts).
Returning to Marx’s distinction between lower phase communism and higher phase communism, I think lower phase communism would begin its new science of allocation by first attempting to move toward more perfect markets (rather than merely surmising perfection from an idealized theoretical assumption of markets being perfect always already). Then the socialist/communist Commonwealth would operate a central marketplace as a public utility (like the roadways and banks). The socialist Commonwealth would look to eliminate market imperfections, such as
  1. ⁠Elimination of positive and negative externalities (through Pigouvian taxes and subsidies, named after the Fabian socialist Pigou),
  2. ⁠eliminate transaction costs, by providing a payment system with nearly zero transaction costs rather than monopolized by capitalist banks and the false duopoly of Visa and Mastercard
  3. ⁠aim to provide perfect information by providing WebAPIs to describe commodities in every facet imaginable and provide information on the local and global level of prices of production of every commodity (so buyers and sellers, in their bargaining, know where they stand with regard to the costs of production)
  4. ⁠Leveling the field between those dominating markets and those subordinate in markets
Beyond that initial Market, administered as a public utility, the science of allocation could begin to consider superior mechanisms for meeting the needs of consumers in more responsive, just, and efficient allocation mechanisms.
When replacing the current markets, manipulated, commanded, and controlled by capitalist monopolists with socialist/communist markets aiming towards perfection, we set a very high bar for any new allocation to best (a very low bar for today’s capitalist markets because of the wild externalities and rampant manipulation by monopolists).
Markets ration according to one’s ability and willingness to pay. With capitalist markets, one’s ability to pay is determined by one’s rent-seeking success and one’s positioning to exploit the greatest mass of workers (and being exploited and not receiving a due share of rents undermines one’s ability to pay). With socialist markets (I would not say market socialism), the ability to pay is determined by one’s positive contributions to society, rather than with capitalism, one’s anti-social behaviors destructive to society.
Additional Issues:
• job guarantee • Unconditional Universal Basic Income (UUBI) • the Commonwealth dampening the aggregate demand fluctuations • self-exploitation and competition
• the residential commune as a site where the revulsion and avoidance of the market is extended from the household/family to the broader community (loving thy neighbor as one loves thyself and thy family and household members)
Duration and intensity limits
Commercial labor producing resources (whether commodities or otherwise allocated) versus direct-production-consumption (production of non-commodities)
State versus Commonwealth
  • Dealing with business cycles (not only emerging in markets but even with core production components)
  • Draconian and rigid nature of commodities for means of production and means of sustenance
  • Efficient division of labor
  • Self-exploitation and competition
  • Garbage in garbage out with regard to market information
  • Depleting/increasing inventories
  • SNLT division and natural resource allocation information (conservation, efficient use)
  • With SNLT and natural resources conservation and efficient use
    • Alone
    • With a usururous rate of return a.k.a. average rate of profit
    • Also
      • Transport
      • inventory storage costs
      • Insurance and other risk hedges
  • Arbitrage in space and time
  • Insurance generally
  • Depreciation synchronization
  • Usury in prices of production and labor credits *
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