Merckx index said:
			
		
	
	
		
		
			I?m afraid I started this?or you could blame RR from the grave, so to speak.
I quoted something from RR?s blog that seemed to contradict hog?s long-promoted view that LA might have actually made more money investing the SCA payout than he would lose when forced to pay it back. RR, who no longer posts here apparently, and hog had argued over this in the past, and both were banned as a result of this. The result this time, though, was some very interesting discussion, particularly I thought some posts from DQd. 
Unless there was something else going on in some other thread that I missed, hog?s part in this discussion is what got him banned. Very unfair, IMHO. In the first place, as just noted, hog didn?t revive this old discussion, I did, he simply responded to my quote of RR. Nothing against the rules in that. Nor were there any insults thrown around that I'm aware of.
I think hog was considered to be trolling because he repeated the same points he had made before, which had been proven factually incorrect. Except that he made what I thought were some new points, and unless I?m really dumb and out of it, no one proved convincingly that he was wrong. I think he probably is wrong, and DQ pointed out that hog made some mis-interpretations or over-generalizations about taxes, but nothing I saw that was absolutely fatal to his entire argument. But beyond who was right and who was wrong, it was a very interesting discussion, it wasn?t interfering with anything else that urgently needed to be discussed in that thread, and I would wager that the mod who banned him, if forced to explain exactly why hog?s posts were factually incorrect, would not be able to do so.
What really bothers me about this (assuming this is why hog was banned) is that in other parts of the forum, people are allowed to post views that are far more obviously incorrect than anything hog has ever posted. E.g., in the religion thread, there are posters who believe the Bible is literally true, that dinosaurs never existed, that carbon dating is false, and that gays are deviant individuals who can be refused service in public businesses on the grounds of religious views. 
If views like these are tolerated on the basis of freedom of speech, why is such tolerance not extended to hog? Is it because he keeps raising the same issue again and again? But to repeat, he didn't start it this time. And if the literalists on the religion thread don't repeat their views as often as hog does, it's probably only because most people don't find these views even worth responding to.
		
		
	 
I finally put thehog on ignore, so missed the news that he was MIA.
However, to your points above, first of all thank you.  Collectively we seem much better at tearing each other to shreds.
Though the conclusion is clearly in the eye of the reader, and your interpretation is thus stronger than my arguments, I had thought that I had actually carefully and completely debunked just about every possible argument one could use to reasonably support or substantiate thehog's argument about a "pot of gold".
However, even though I tried to be as civilized and even as I  could, when presented with fact after fact that showed his IRS statements were completely incorrect, and calculation after calculation that underscored 1+1=2, thehog refused to acknowledge any of it.
The last post of his I read before putting him on ignore, he repeated the irrational argument that taking the $5m knowing you had to repay $10 was a smart, low risk move.
The reality, as demonstrated, is that you would need the certainty of close to an average 20% return, or better, to justify that decision. Please allow me to re-emphasize '
certainty' and an '
average return' as opposed to occasional or rare spikes. Not even factoring in for risk, you would need to be certain that your return over a long period of time would be at or above 20%.
Frankly, that is and was crazy. And, obviously so.
Even junk bond rates haven't come close to approaching the levels that would be required to justify that decision. While junk bond yields actually did exceed 20% during this timeframe, it was only for a few days, twice, between November 2008 and March 2009. Otherwise, they have been more typically at or below 7.5% and are currently under 6%. More importantly, at the time of the Feb 2006 settlement with SCA, junk bond yields were under 8%. Who in their right mind would have expected a guaranteed greater than 20% return over nine years?
Reference: 
http://research.stlouisfed.org/fred2/series/BAMLH0A0HYM2EY 
But, we don't need much in the way of actual data or proofs on this subject. 
thehog was blowing smoke, unrelentingly. He was doing so purposefully. He was putting forward a flawed argument that could justify Lance's lying. That sure seems like baiting.
It was a complete waste of forum bandwidth and an ongoing insult to everyone trying to participate.
When one forwards an obviously fallacious argument, over and over, without taking heed of information and comments from fellow posters, well isn't that trolling personified?
Dave.