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About Patrick
By Patrick on Sat, May 16th, 2009 at 4:20 pm | 5453 views | rss | email this | add comment
Patrick Killelea has no background in real estate at all. You should not believe anything he says until you understand the math yourself. Here?s the math:
3% annual cost of renting is less than the 9% annual cost of owning the same thing
If you understand that, then you probably understand the rest of this site as well. If your job depends on not understanding that, then you won?t understand it.
Patrick is a mediocre perl hacker, and is the author of the O?Reilly book Web Performance Tuning.
He likes to graph things with gnuplot, like performance measurements and financial data. The site itself is just hand coded HTML (it takes Patrick 2 or 3 hours a day to read and select those news links!) and modified Wordpress (PHP/MySQL) for the forum.
Patrick a liberal who wants socialism. Liberalism is a wonderful thing! Everyone should be a liberal. You know what ?liber? means in Latin? FREE
Liberals say that everyone should be free to live life how they want to, as long as they don?t hurt anyone else. The people dictating the conservative agenda just manipulate your feelings about patriotism and religion to get you to help the very rich evade taxes. They create fear to control you: fear that government will take your money in taxes and tell you what to do, fear that we will lose US independence, fear that immigrants will take US jobs, fear that God Himself will strike you down if you don?t play along with their entire agenda.
But there is only one part of their agenda they really care about: lower taxes on the very rich, people who get more than $1,000,000 in unearned income per year. Everything else is just to get you to vote for that one part.
The very rich pay only 15% on the millions they get without working (dividends and capital gains) while you are forced to pay 28% on the little money you actually earned through hard work. It should be exactly the other way around, with lower taxes on work, and higher taxes on unearned income. Ultimately, there should be no income tax at all, only a tax on land values.
To keep you from having free time to complain, in case you ever figure out that patriotism and religion have nothing to do with helping the very rich evade taxes, they encourage you to get deeply into debt. Once deep in debt, you have to slave away for the rich. When you are in debt, you are NOT FREE. Your slavery, my friend, is part of the conservative agenda (along with letting the very rich live tax-free), though most of the conservative foot-soldiers do not realize how or why they are being used.
While you?re distracted pledging allegiance to God and country with your hand over your heart, their hand is picking your pocket!
As for my socialism, this is all there is to it:
* Universal police and fire protection paid for by taxes! (Wait, we already have that.)
* Universal primary education paid for by taxes! (Actually, we already have that too.)
* Universal health care paid for by taxes! (MISSING. Universal health care is your only hope for independence from your boss and for secure retirement, and they don?t want you to have it.)
We have many other socialist policies which I say we should eliminate:
* Huge blind transfers of tax money to badly run banks.
* Taxpayer guarantees that force you to pay your neighbor?s unaffordable mortgage.
* A mortgage interest deduction that encourages financial suicide by debt.
* Federal Reserve price-fixing of interest rates.
Patrick is always happy to get suggestions on how to improve this site.
He?s often available to help with website performance problems in the SF Bay Area. Patrick can be reached at p@patrick.net
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