Understanding the US - Again

[bala]

thats not how roth ira works.

This is what I understand :

Withdrawals from a Roth IRA you've had more than five years. If you've met the five-year holding requirement and at least 59 ½ years old, you can withdraw money from a Roth IRA with no taxes or penalties. Remember that unlike a Traditional IRA, with a Roth IRA there are no required minimum distributions.

Feel free to give you opinion on the topic.

[pravula]

thats not how roth ira works.

This is what I understand :

Withdrawals from a Roth IRA you've had more than five years. If you've met the five-year holding requirement and at least 59 ½ years old, you can withdraw money from a Roth IRA with no taxes or penalties. Remember that unlike a Traditional IRA, with a Roth IRA there are no required minimum distributions.

Feel free to give you opinion on the topic.

For one, you cannot put any money into a Roth IRA if you make more than 250k per year. https://www.irs.gov/retirement-plans/am ... e-for-2023

Two, it cannot exceed $6500 per year. I doubt billions of dollars can be stuffed into an account that maxes out at 6.5k per year. Prove me wrong...

Three, if you use a backdoor roth ira, even then you cannot move stocks or options, just cash.

[vera_k]

From the horse's mouth.

Founder strategies: Purchasing company shares for your retirement account

[pravula]

I retract my statement then. Yes, IRA can be used as a brokerage account and one can actively trade, including options. Never seen anyone mention the ability to buy into seed rounds before…

[vera_k]

Like the IRAs that allow one to hold Bitcoin, they tend to cost a bit, but are available.

[chetak]

This is the woke amriki press

[Amber G.]

Joe Biden announces he is withdrawing from US presidential race

[Tanaji]

So will it be Mylapore Mami? Or someone else?

Personally I doubt Mamis chances. She is unelectable except as a she-is-not-Trump vote

[sanman]

Biden Withdraws from Presidential Race (in case you hadn't heard)

https://www.bbc.com/news/articles/c1e5xpdzkd8o


He has endorsed Kamala Harris while stepping aside.

So she may be the likely nominee. He had all the delegates (the ones who elect the nominee) and so presumably his endorsement means they'll all go to her now.

[Mukesh.Kumar]

Here's some khayali pulao from my side. I have the feeling that the US Economic crash could be closer than a couple of decades we believe it to be. Else, they would not try to resort to such extreme measures. Will stick out my neck and leave this out here. Let's see how this ages.

1. IF( Between now and 19th Aug DNC, there is a crisis AND Mylapore Mami steps out on to the field to be visible solving it), THEN (I will start liquidating US dollar holdings)
2. IF (Mami Mylapore solves crisis) THEN (Biden will move aside citing ill health, and a Deep Stata VP like Cheney will be brought in to support Mami as President, and elections will be fudged)
3. IF (She wins election) THEN (US is headed for a crash, because she will be brought in as a visible scapegoat- Time to short USD if you can).

I didn't expect Bidenwa to throw in the hat so early. Having said that let's see if there's a manufactured crisis between now and the DNC which MM will solve.

[Tanaji]

Kamala Harris is the least inspiring of all leaders. Even the janau dhari Hindu has more charisma than Kamala Harris..

[Amber G.]

Kamala Harris is the least inspiring of all leaders. Even the janau dhari Hindu has more charisma than Kamala Harris..

Yet. she has/had supporters.. Even Trump used to like then AG Kamala Harris
(Things like this are now getting viral ..


Meanwhile this old ad is now getting exposure .. check it out .. it is 30 second video
This Kamala Harris ad from 2020 SLAMMING Trump is going viral right now! It still applies and she is the right person for the job. HARRIS 2024!

[sanman]

Kamala Harris is the least inspiring of all leaders. Even the janau dhari Hindu has more charisma than Kamala Harris..

Speaking of which, she's sought to follow in his footsteps by imagining herself a poet-philosopher spouting pearls of "wisdom"



I think I just suffered brain damage from listening to that.

[sanman]

Very predictably, NeoCon Never-Trumpers who'd supported Nikki Haley are now throwing their money behind Kamala, who is Trump's only remaining opponent

https://www.newsweek.com/nikki-haley-vo ... is-1928198

Nikki Haley, as a Republican, has endorsed Trump who is the duly designated party nominee.
But the Never-Trumpers who funded her would not be similarly bound -- and thus are now choosing to throw their money behind Kamala.
The Never-Trumpers are the hardcore NeoCons who play outside normal rules. If there's any political faction I'd suspect of trying to assassinate Trump, it's those people.
Nikki herself is not those people, she's just been a useful tool and a beneficiary of their money, just like Kamala now will be.
NeoCons will want to use idiot Kamala the same way they used senile Biden, to rubberstamp them in pursuing more war, death, and destruction.





President Dhritarashtra has now bowed out.
Will Kamala be a blindfolded Gandhari who allows more war?
Will their Kauravas continue to run amok?

[Vayutuvan]

He has endorsed Kamala Harris while stepping aside.

So she may be the likely nominee....

Obama didn't yet. Not directly by name I mean.

[Vayutuvan]

Yet. she has/had supporters.. Even Trump used to like then AG Kamala Harris
(Things like this are now getting viral ..
[img...]https://pbs.twimg.com/media/GTCUwbUXMAA ... ame=medium[/img]

Par for the course for all business people. USD 5k is peanuts. Probably Trump or Harris would spend that kind of money on a family night out.

[Amber G.]

Yet. she has/had supporters.. Even Trump used to like then AG Kamala Harris
(Things like this are now getting viral ..
[img...]https://pbs.twimg.com/media/GTCUwbUXMAA ... ame=medium[/img]

Par for the course for all business people. USD 5k is peanuts. Probably Trump or Harris would spend that kind of money on a family night out.

Perhaps you do not understand that 5K is upper limit (allowed by law) ...point is endorsing like it is much bigger item than the amount of Money ..

[Amber G.]

He has endorsed Kamala Harris while stepping aside.

So she may be the likely nominee....

Obama didn't yet. Not directly by name I mean.

FWIW: This not unusual ... for any one who understands even the basics of such things.. neither Pelosi (or some elder statesman etc etc will do it right away .. they will let the 'usual' process play.

[S_Madhukar]

Who knows Mami may be acting dumb all along only to show her true colours once she gets the baton ? If she is part of inner circle that knows Sleepy’s situation then she is likely to know a lot more and understand the true situation and will only be happy to be coached and act as per the instructions received. Of course after debates this will become clear but one has to be careful of such Lalu Yadavs

[vera_k]

Will be hard to beat due to domestic US politics around women's rights. And will pick up more momentum with a VP announcement later.
This must have been the plan all along to catch the other side flat footed. Number of people coming out in support of Harris tells the tale.

[saip]

Who ever wins South Asia can not lose. Pakistan will be happy that S Asia won.

[sanman]

Will be hard to beat due to domestic US politics around women's rights. And will pick up more momentum with a VP announcement later.
This must have been the plan all along to catch the other side flat footed. Number of people coming out in support of Harris tells the tale.

Kamala will definitely try to veer the election campaigning towards women's rights, in order to rally women as her Vote Bank.
Some say she will likely pick a female running mate to double down on this strategy.

In the electoral numbers game, Democrats feel that women voters are the best path to victory over Trump. So expect intensification on women's issues

[vera_k]

On that front, the map on this page below is illustrative. It could be biased, but the data can be easily verified.

Women Voters by the Numbers

[Pratyush]

Kamla will be disaster for the Indo US relationship.

She is smart and capable to understand exactly where her interests are. That coupled with her ambition makes her a willing collaborators to the permanent Washington establishment.

This establishment has decided that India is an enemy.

We are in for difficult times ahead.

[bala]

Kamala is not exactly presidential material for the US. The US Deep State loves such semi-dumb peope since they can dictate the way things are done. The CIA/FBI/Judicial is filled with deep state creatures and they know the ins and outs of everything. Kamala, slept her way up - there is nothing to it other than that. She was girlfriend of Willie Brown who was mayor of SanFrancisco and using his power she bulldozed her way up. The state of california elected her as attorney general of the state because there were no viable alternates. BTW Kamala is no great lawyer, her grades in school were so, so and she does not stand out as someone capable of anything. The republicans had some capable people but the state is lunatically dumbocrats. I have no idea why Joe Biden picked Kamala as VP, could be from the prompting of the deep state. Now we find ourselves staring at VP Kamala and wondering how lady luck is shining on this person who has a vicious cackle for laughter.

Just another observation of mine and strictly IMO. People doing law are not the brightest people in the US. All lawyers, they look good and pass some exams, they are cunning and street crafty since their upper chambers are not that bright to begin with. The bright ones are scientists, industry leaders and so forth. The brighter lawyers make oodles of money since the judiciary is stacked with litigations that fine heavily. The US political system is saddled with lawyers in every nook and cranny. D J Trump is not a lawyer. Most presidents of US are lawyers. Tis a curse to have a system that is so heavily skewed towards the legal profession.

[chetak]

Kamala is not exactly presidential material for the US. The US Deep State loves such semi-dumb peope since they can dictate the way things are done. The CIA/FBI/Judicial is filled with deep state creatures and they know the ins and outs of everything. Kamala, slept her way up - there is nothing to it other than that. She was girlfriend of Willie Brown who was mayor of SanFrancisco and using his power she bulldozed her way up. The state of california elected her as attorney general of the state because there were no viable alternates. BTW Kamala is no great lawyer, her grades in school were so, so and she does not stand out as someone capable of anything. The republicans had some capable people but the state is lunatically dumbocrats. I have no idea why Joe Biden picked Kamala as VP, could be from the prompting of the deep state. Now we find ourselves staring at VP Kamala and wondering how lady luck is shining on this person who has a vicious cackle for laughter.

Just another observation of mine and strictly IMO. People doing law are not the brightest people in the US. All lawyers, they look good and pass some exams, they are cunning and street crafty since their upper chambers are not that bright to begin with. The bright ones are scientists, industry leaders and so forth. The brighter lawyers make oodles of money since the judiciary is stacked with litigations that fine heavily. The US political system is saddled with lawyers in every nook and cranny. D J Trump is not a lawyer. Most presidents of US are lawyers. Tis a curse to have a system that is so heavily skewed towards the legal profession.

sirji,

The bullet that trump dodged seems to have found its target in biden

they will regret the mylapore maami pick, if they don't actually replace her in the meanwhile

[Tanaji]

For all those saying Deep State this and Deep State that…

It has been postulated that all the Deep State cares about is controlling the candidate and implementing its own agenda regardless of the party in power. If thats the case, isnt Trump the best candidate that DS can ever hope to have? Trump has so many skeletons in his cupboard ranging from Epstein to financial affairs. He is far easier to control than any other candidate.

Just because he says he is against DS doesnt make it so.

[Pratyush]

^^^^

That's a valid argument. But you also have to look at the nearly 8 years of constant efforts to neutralize Trump.

There has to be something about the man. That is worthy of destruction by a lot of powerful people. I have always wondered what that is?

[AkshaySG]

^^^^

That's a valid argument. But you also have to look at the nearly 8 years of constant efforts to neutralize Trump.

There has to be something about the man. That is worthy of destruction by a lot of powerful people. I have always wondered what that is?

I mean that is just politics.. The opposition will by hook or by crook do everything in its power to bring you down

Assassination attempt aside there is nothing more done to neutralize trump than what the R's didn't try for Obama

Right from electoral manouvering to using media to spin conspiracy theories on his birth certificate, his wife's masculinity etc etc to blocking key appointments.

I don't see how one can argue that Pelosi and Dem establishment have done anything than Mitch Mc and Rep establishment didn't to Obama.

------
The way I see it the US-India relationship is being driven more from the Pentagon and State Department than the White House and those are going to pretty much remain the same way no matter who's elected

[Manish_P]

....

This establishment has decided that India is an enemy.

....

That's been the case since the late 60s.

[sanman]

Kamla will be disaster for the Indo US relationship.
...

We are in for difficult times ahead.

You're assuming she can beat Trump. I very much doubt it.

[Amber G.]

Hindu American Foundation's (HAF) Suhag Shukla was invited by the White House to represent the Hindu American community for a roundtable with religious leaders from national faith-based organizations on interfaith coalition . The event held late last week was a pooled press event followed by closed to press conversation.

HAF offeredv a Hindu perspective at this important event.https://www.c-span.org/video/?537180-1/ ... roundtable

[bala]

The bullet that trump dodged seems to have found its target in biden
they will regret the mylapore maami pick, if they don't actually replace her in the meanwhile

Chetak Saar, yes the bullet found demented ol Joe Biden. The turn of events is quite stunning. MMaami is gloating over the chance to become El Presidente of US, being first woman of US to do so. The person who is seething with rage is madam hilary clinton. She wanted to become first woman El Presidente of US but DJ Trump spoiled the chance. Obummer also is not thrilled with the outcome, he being first african american El Presidente. We need to watch for the twists and turns that the DNC will throw up in August. SoreAss has already endorsed MMaami. MMaami current husband is a deep state operative.

[sanjaykumar]

Don’t think it’ll make a difference.

Trump is his own trump card.

[sanman]

I just discovered something horrible while reading about the new Democratic presidential candidate.

She and I both went to the same college, within a few years of each other.

[Tanaji]

I just discovered something horrible while reading about the new Democratic presidential candidate.

She and I both went to the same college, within a few years of each other.

NNN always knew BRFites were influential in their fields, but it’s the first time it has learnt of someone who was the alumni of a presidential candidate. NNN can now reveal a photo of user sanman captured at the moment when he realizes Mami’s Deep State links which explains the betrayed expression ….(sanman standing far right)

[saip]

I am sure Trump will claim or his campaign will that Harris is not eligible to contest as she is not born to real Americans as her parents were on student visas.

[pravula]

Unless her parents were diplomats, she would be considered a natural born citizen.

[Vayutuvan]

I just discovered something horrible while reading about the new Democratic presidential candidate.

She and I both went to the same college, within a few years of each other.

She is not yet the nominee. So don't fret.

[Vayutuvan]

Par for the course for all business people. USD 5k is peanuts. Probably Trump or Harris would spend that kind of money on a family night out.

Perhaps you do not understand that 5K is upper limit (allowed by law) ...point is endorsing like it is much bigger item than the amount of Money ..

I do understand. That is why I am saying it is peanuts for Trump. He will donate $5k to anybody from any party as long as he gets more than $5K worth of PR.