We had IRA, then Roth IRA and now we get MyRA?
A few definitions to start:
IRA - Individual Retirement Arrangement. There are two types.
Traditional IRA - contributions to a traditional IRA can reduce your adjusted gross income.
Roth IRA - contributions do not reduce your adjusted gross income.
Contribution - an amount you put into an IRA of either type.
Defined Benefit Plan - a retirement plan where you are promised a specific monthly benefit upon reaching retirement age. The pension amount is not variable based on the return on investments in the fund.
Defined Contribution Plan - a retirement plan where your earnings at retirement will vary depending on how well the fund performs.
Distribution - an amount you take out of an IRA of either type. Distributions from traditional IRAs can be fully or partly taxable. Distributions from a Roth IRA are usually tax free.
* * *
The detailed specifications of the proposed MyRA program aren't available yet. But from what information is available I'm not impressed. If employers aren't offering retirement savings plans now, what incentive will they have to start offering them? Workers with low to moderate incomes can save for retirement now, without regard to whether or not their employers have a retirement plan.
Those supporting the MyRA plan say it allows workers to start with a small amount and make small additional investments at regular intervals, again through their employer. Anyone with earned income can start a Roth IRA now. The new MyRA would work like a Roth in that the money going in would be after-tax dollars, and the distributions would be tax-free. We have that already.
So how are they different? The MyRA would be invested in government securities. Backed by the full faith and credit of the United States government. So there's no risk to the investor.
This is just a way to get the workers to give the government more money to waste. They already use the "contributions" workers make through Social Security (read Social Insecurity) to pay current bills. Some call it a Ponzi scheme and it seems to fit at least part of that definition. Now workers will get a second opportunity to save for retirement through the government, because they can't count on Social Insecurity.
In the end, the youth of today will be in for a double-disappointment. They won't get the full amount of Social Insecurity and they won't get the full return they should get on their MyRAs because the Congress can't stop spending more than it takes in.
* * *
The elderly woman that was normally the third person at my dining room table at meals has been in a rehab facility for a few months now. I missed being able to talk to her about issues of the day and other stuff, because she had a sharp mind. I did not miss her constant diatribes about water spots on glasses, silverware and dishes that weren't clean enough to meet her standards and complaints about the food. It got old after the first few weeks she was seated at my table and got worse over time. One of the reasons I started having lunch and dinner in my room was to avoid hearing that nonsense. It had begun to outweigh the value of other conversations we shared. To be fair, I must confess I much prefer eating in my room because I can watch television while eating.
I found out this morning that she died at some point in the last few days. I'd kept saying I would drop in and visit her at the rehab facility the next time I was in that part of town, but I just never got to that part of town. I feel bad that I didn't visit her, although since I had no way of knowing that I would not see her again, I wouldn't have been there to have a "last visit."
Last night as we played trivia, one of the answers to a question was Jim Croce, who died in a plane crash when he was only 30. Of course someone mentioned "taken too soon" and this started a conversation that I stayed out of, where some said "it's never too soon." All deaths are tragic. If it were possible to ask people after their death if they felt it came too soon, the overwhelming majority would say it was definitely too soon. I can understand how those living in extreme physical pain would not say that. From the math geek standpoint, anyone who dies before reaching the age of average life expectancy, dies too soon.
I just wonder if my friends might look at this from a slightly different philosophical viewpoint if they'd ever come close to death. I know I do.
* * *
The Newport Beach School District has expelled 11 students connected to a cheating scandal where the computer passwords of teachers were stolen, allegedly with the help of a private tutor. Those students who actually cheated deserve to be expelled.
Those who were aware of the cheating but chose to remain silent do not. Corona del Mar High School is not West Point or Annapolis. A public high school is not a place where students should be held accountable under someone's twisted vision of a "Code of Honor" where failing to step forward when one has knowledge someone is cheating results in a punishment equal to what the cheaters receive.
There can be a Code of Honor in a public school. Students who are aware of such transgressions and who choose not to report them could receive more appropriate punishments. Being forced to write essays about ethics during a detention session. Being made to do community service. Those kinds of punishments are designed to rehabilitate and educate the offenders that their choice to stay silent is not the best choice.
I don't know if any of the students involved was over 18 at the time this happened, but they were students, not cadets.
* * *
The Super Bowl media-day is always a fiasco in that reporters who know little to nothing about football and football players. Some of them ask some really idiotic questions. Here's a sampling:
"On the Seahawks, other than the quarterback, who is your best quarterback?" (the answer was "Tavaris Jackson" since he's the backup QB)
"On the Broncos, who has the hottest wife?"
"I’m unfamiliar with the 12th man, so I have to ask you — I think it’s unfair that when you play on the football field, you have 12 people on the football field and the opponent has 11. You are breaking the rules by having 12 people on the field."
"Are you single?"
"Hey Doug, is this a must-win game?"
"Do you smoke marijuana?"
"So which would you rather have on Sunday, salsa or seven-layer dip?"
* * *
Random Ponderings:
How will the White House respond to the petition to deport Justin Bieber now that it has enough signatures to require a response? They'll say it isn't their place to do it.
You are way too into football when you name your new daughter "Cyndee Leigh 12th Mann" to honor the Seahawks. Way, way too over the top.
I'm not sure I understand the logic being used by people trying to figure out why a 53 year old male teacher had 400 dead and decaying snakes (pythons) in his house. His neighbors think he might have been lonely after the death of his mother. Are snakes really the right pet for that kind of thing? I can't imagine cuddling with a python.
If Kanye West wants to give me $250,000, he can try to give me a beat down.
What do the creditors of Toni Braxton who were left with little after her most recent bankruptcy thinking about her recent $3 million purchase of a house?
C. M. Punk is making noises about leaving the WWE, again.
Here's an illustration of how values differ from nation to nation. Jamie Dimon, CEO of JPMorganChase saw his firm pay out $20 billion in fines and lay off 7,500 employees in 2013. His pay is going to double. Satoru Iwata, President of Nintendo just announced he will cut his salary in half for the next five months to atone for a dramatic drop in profits, and did not rule out keeping the decrease in place beyond five months depending on the company's performance.
Maybe the convicted murderer who is terrified of dying at his scheduled execution should have thought about that BEFORE committing murder. Yes, I'm against the death penalty, but for financial reasons.
Did singer Sara Bareilles fire her manager Jordan Feldstein (Jonah Hill's brother) because she didn't win a Grammy?
I know it would involve sacrifice on my part but I would be willing to marry the daughter of that Hong Kong tycoon in return for $130 million and I would definitely treat her and her lesbian partner with the utmost respect. They can continue to live happily together in Hong Kong and I'll stay here.
For the second time in less than 18 months, a story about someone who was bitten by a snake and was billed over $50,000 for anti-venom is making news. The real problem is the healthcare system, not how expensive anti-venom is or isn't.
Chocolate-flavored toothpaste? Seriously?
If your wife donated her kidney to you, cheating on her afterwards is orders of magnitude worse than "ordinary" cheating.
The people who write the State of the Union speech for the president may well borrow words from the addresses delivered by previous presidents. It isn't plagiarizing.
The greed of the NFL, charging people attending the Super Bowl $51 to use their "approved shuttle" service to get to the stadium should surprise no one. Since you can't walk, taxi or limo to the game, you apparently can pay $150 to park, or $51 to use the shuttle.
Hadn't Motley Crue retired a long time ago?
* * *
January 29th in History:
757 – An Lushan, leader of a revolt against the Tang Dynasty and emperor of Yan, is murdered by his own son, An Qingxu.
904 – Sergius III comes out of retirement to take over the papacy from the deposed antipope Christopher.
1676 – Feodor III becomes Tsar of Russia.
1814 – France defeats Russia and Prussia in the Battle of Brienne.
1819 – Stamford Raffles lands on the island of Singapore.
1834 – US President Andrew Jackson orders first use of federal soldiers to suppress a labor dispute.
1845 – "The Raven" is published in the New York Evening Mirror, the first publication with the name of the author, Edgar Allan Poe
1850 – Henry Clay introduces the Compromise of 1850 to the U.S. Congress.
1856 – Queen Victoria institutes the Victoria Cross.
1861 – Kansas is admitted as the 34th U.S. state.
1863 – Bear River Massacre.
1886 – Karl Benz patents the first successful gasoline-driven automobile.
1891 – Liliuokalani is proclaimed Queen of Hawaii, its last monarch.
1900 – The American League is organized in Philadelphia with eight founding teams.
1907 – Charles Curtis of Kansas becomes the first Native American U.S. Senator.
1916 – World War I: Paris is first bombed by German zeppelins.
1918 – Ukrainian–Soviet War: The Bolshevik Red Army, on its way to besiege Kiev, is met by a small group of military students at the Battle of Kruty.
1918 – Ukrainian–Soviet War: An armed uprising organized by the Bolsheviks in anticipation of the encroaching Red Army begins at the Kiev Arsenal, which will be put down six days later.
1936 – The first inductees into the Baseball Hall of Fame are announced.
1940 – Three trains on the Sakurajima Line, in Osaka, Japan, collide and explode while approaching Ajikawaguchi Station. 181 people are killed.
1941 – Alexandros Koryzis becomes Prime Minister of Greece upon the sudden death of his predecessor, dictator Ioannis Metaxas.
1943 – The first day of the Battle of Rennell Island, U.S. cruiser Chicago is torpedoed and heavily damaged by Japanese bombers.
1944 – World War II: Approximately 38 men, women, and children die in the Koniuchy massacre in Poland.
1944 – In Bologna, Italy, the Anatomical theatre of the Archiginnasio is destroyed in an air-raid.
1963 – The first inductees into the Pro Football Hall of Fame are announced.
1967 – The "ultimate high" of the hippie era, the Mantra-Rock Dance, takes place in San Francisco and features Janis Joplin, Grateful Dead, and Allen Ginsberg.
1989 – Hungary establishes diplomatic relations with South Korea, making it the first Eastern Bloc nation to do so
1991 – Gulf War: The Battle of Khafji, the first major ground engagement of the war, as well as its deadliest, begins.
1996 – President Jacques Chirac announces a "definitive end" to French nuclear weapons testing.
1996 – La Fenice, Venice's opera house, is destroyed by fire.
1998 – In Birmingham, Alabama, a bomb explodes at an abortion clinic, killing one and severely wounding another. Serial bomber Eric Robert Rudolph is suspected as the culprit.
2001 – Thousands of student protesters in Indonesia storm parliament and demand that President Abdurrahman Wahid resign due to alleged involvement in corruption scandals.
2002 – In his State of the Union address, President George W. Bush describes "regimes that sponsor terror" as an Axis of evil, in which he includes Iraq, Iran and North Korea.
2005 – The first direct commercial flights from mainland China (from Guangzhou) to Taiwan since 1949 arrived in Taipei. Shortly afterwards, a China Airlines flight lands in Beijing.
2009 – The Supreme Constitutional Court of Egypt rules that people who do not adhere to one of the three government-recognized religions, while not allowed to list any belief outside of those three, are still eligible to receive government identity documents.
2009 – Governor of Illinois Rod Blagojevich is removed from office following his conviction of several corruption charges, including the alleged solicitation of personal benefit in exchange for an appointment to the United States Senate as a replacement for then-U.S. president-elect Barack Obama.
Famous Folk Born on January 29th:
Thomas Paine
Henry Lee III
William McKinley
Anton Chekov
John D. Rockefeller, Jr.
W. C. Fields (what the heck is a little chickadee anyway?)
Victor Mature
David Rubitsky (RIP, but I never believed that he'd single-handedly killed over 500 Japanese soldiers during the Battle of Buna)
John Forsythe
Paddy Chayefsky
Ed Shaughnessy
Puggy Pearson
Katherine Ross
Claudine Longet
Tom Selleck
Marc Singer
Ann Jillian
Charlie Wilson
Oprah Winfrey
Greg Louganis
Steve Sax
Dominik Hasek
Ed Burns
Heather Graham
Paul Ryan
Sara Gilbert
Adam Lambert
Marc Gasol
In honor of Tom Selleck's birthday, today's movie quotes come from "In & Out"
[while listening to the "How to be a man" tape]
Voice on tape: Now, repeat after me: "Yo!"
Howard Brackett: Yo!
Voice on tape: Hot damn!
Howard Brackett: Hot damn!
Voice on tape: What a fabulous window treatment!
Howard Brackett: What a fabu...
Voice on tape: That was a trick!
IRA - Individual Retirement Arrangement. There are two types.
Traditional IRA - contributions to a traditional IRA can reduce your adjusted gross income.
Roth IRA - contributions do not reduce your adjusted gross income.
Contribution - an amount you put into an IRA of either type.
Defined Benefit Plan - a retirement plan where you are promised a specific monthly benefit upon reaching retirement age. The pension amount is not variable based on the return on investments in the fund.
Defined Contribution Plan - a retirement plan where your earnings at retirement will vary depending on how well the fund performs.
Distribution - an amount you take out of an IRA of either type. Distributions from traditional IRAs can be fully or partly taxable. Distributions from a Roth IRA are usually tax free.
* * *
The detailed specifications of the proposed MyRA program aren't available yet. But from what information is available I'm not impressed. If employers aren't offering retirement savings plans now, what incentive will they have to start offering them? Workers with low to moderate incomes can save for retirement now, without regard to whether or not their employers have a retirement plan.
Those supporting the MyRA plan say it allows workers to start with a small amount and make small additional investments at regular intervals, again through their employer. Anyone with earned income can start a Roth IRA now. The new MyRA would work like a Roth in that the money going in would be after-tax dollars, and the distributions would be tax-free. We have that already.
So how are they different? The MyRA would be invested in government securities. Backed by the full faith and credit of the United States government. So there's no risk to the investor.
This is just a way to get the workers to give the government more money to waste. They already use the "contributions" workers make through Social Security (read Social Insecurity) to pay current bills. Some call it a Ponzi scheme and it seems to fit at least part of that definition. Now workers will get a second opportunity to save for retirement through the government, because they can't count on Social Insecurity.
In the end, the youth of today will be in for a double-disappointment. They won't get the full amount of Social Insecurity and they won't get the full return they should get on their MyRAs because the Congress can't stop spending more than it takes in.
* * *
The elderly woman that was normally the third person at my dining room table at meals has been in a rehab facility for a few months now. I missed being able to talk to her about issues of the day and other stuff, because she had a sharp mind. I did not miss her constant diatribes about water spots on glasses, silverware and dishes that weren't clean enough to meet her standards and complaints about the food. It got old after the first few weeks she was seated at my table and got worse over time. One of the reasons I started having lunch and dinner in my room was to avoid hearing that nonsense. It had begun to outweigh the value of other conversations we shared. To be fair, I must confess I much prefer eating in my room because I can watch television while eating.
I found out this morning that she died at some point in the last few days. I'd kept saying I would drop in and visit her at the rehab facility the next time I was in that part of town, but I just never got to that part of town. I feel bad that I didn't visit her, although since I had no way of knowing that I would not see her again, I wouldn't have been there to have a "last visit."
Last night as we played trivia, one of the answers to a question was Jim Croce, who died in a plane crash when he was only 30. Of course someone mentioned "taken too soon" and this started a conversation that I stayed out of, where some said "it's never too soon." All deaths are tragic. If it were possible to ask people after their death if they felt it came too soon, the overwhelming majority would say it was definitely too soon. I can understand how those living in extreme physical pain would not say that. From the math geek standpoint, anyone who dies before reaching the age of average life expectancy, dies too soon.
I just wonder if my friends might look at this from a slightly different philosophical viewpoint if they'd ever come close to death. I know I do.
* * *
The Newport Beach School District has expelled 11 students connected to a cheating scandal where the computer passwords of teachers were stolen, allegedly with the help of a private tutor. Those students who actually cheated deserve to be expelled.
Those who were aware of the cheating but chose to remain silent do not. Corona del Mar High School is not West Point or Annapolis. A public high school is not a place where students should be held accountable under someone's twisted vision of a "Code of Honor" where failing to step forward when one has knowledge someone is cheating results in a punishment equal to what the cheaters receive.
There can be a Code of Honor in a public school. Students who are aware of such transgressions and who choose not to report them could receive more appropriate punishments. Being forced to write essays about ethics during a detention session. Being made to do community service. Those kinds of punishments are designed to rehabilitate and educate the offenders that their choice to stay silent is not the best choice.
I don't know if any of the students involved was over 18 at the time this happened, but they were students, not cadets.
* * *
The Super Bowl media-day is always a fiasco in that reporters who know little to nothing about football and football players. Some of them ask some really idiotic questions. Here's a sampling:
"On the Seahawks, other than the quarterback, who is your best quarterback?" (the answer was "Tavaris Jackson" since he's the backup QB)
"On the Broncos, who has the hottest wife?"
"I’m unfamiliar with the 12th man, so I have to ask you — I think it’s unfair that when you play on the football field, you have 12 people on the football field and the opponent has 11. You are breaking the rules by having 12 people on the field."
"Are you single?"
"Hey Doug, is this a must-win game?"
"Do you smoke marijuana?"
"So which would you rather have on Sunday, salsa or seven-layer dip?"
* * *
Random Ponderings:
How will the White House respond to the petition to deport Justin Bieber now that it has enough signatures to require a response? They'll say it isn't their place to do it.
You are way too into football when you name your new daughter "Cyndee Leigh 12th Mann" to honor the Seahawks. Way, way too over the top.
I'm not sure I understand the logic being used by people trying to figure out why a 53 year old male teacher had 400 dead and decaying snakes (pythons) in his house. His neighbors think he might have been lonely after the death of his mother. Are snakes really the right pet for that kind of thing? I can't imagine cuddling with a python.
If Kanye West wants to give me $250,000, he can try to give me a beat down.
What do the creditors of Toni Braxton who were left with little after her most recent bankruptcy thinking about her recent $3 million purchase of a house?
C. M. Punk is making noises about leaving the WWE, again.
Here's an illustration of how values differ from nation to nation. Jamie Dimon, CEO of JPMorganChase saw his firm pay out $20 billion in fines and lay off 7,500 employees in 2013. His pay is going to double. Satoru Iwata, President of Nintendo just announced he will cut his salary in half for the next five months to atone for a dramatic drop in profits, and did not rule out keeping the decrease in place beyond five months depending on the company's performance.
Maybe the convicted murderer who is terrified of dying at his scheduled execution should have thought about that BEFORE committing murder. Yes, I'm against the death penalty, but for financial reasons.
Did singer Sara Bareilles fire her manager Jordan Feldstein (Jonah Hill's brother) because she didn't win a Grammy?
I know it would involve sacrifice on my part but I would be willing to marry the daughter of that Hong Kong tycoon in return for $130 million and I would definitely treat her and her lesbian partner with the utmost respect. They can continue to live happily together in Hong Kong and I'll stay here.
For the second time in less than 18 months, a story about someone who was bitten by a snake and was billed over $50,000 for anti-venom is making news. The real problem is the healthcare system, not how expensive anti-venom is or isn't.
Chocolate-flavored toothpaste? Seriously?
If your wife donated her kidney to you, cheating on her afterwards is orders of magnitude worse than "ordinary" cheating.
The people who write the State of the Union speech for the president may well borrow words from the addresses delivered by previous presidents. It isn't plagiarizing.
The greed of the NFL, charging people attending the Super Bowl $51 to use their "approved shuttle" service to get to the stadium should surprise no one. Since you can't walk, taxi or limo to the game, you apparently can pay $150 to park, or $51 to use the shuttle.
Hadn't Motley Crue retired a long time ago?
* * *
January 29th in History:
757 – An Lushan, leader of a revolt against the Tang Dynasty and emperor of Yan, is murdered by his own son, An Qingxu.
904 – Sergius III comes out of retirement to take over the papacy from the deposed antipope Christopher.
1676 – Feodor III becomes Tsar of Russia.
1814 – France defeats Russia and Prussia in the Battle of Brienne.
1819 – Stamford Raffles lands on the island of Singapore.
1834 – US President Andrew Jackson orders first use of federal soldiers to suppress a labor dispute.
1845 – "The Raven" is published in the New York Evening Mirror, the first publication with the name of the author, Edgar Allan Poe
1850 – Henry Clay introduces the Compromise of 1850 to the U.S. Congress.
1856 – Queen Victoria institutes the Victoria Cross.
1861 – Kansas is admitted as the 34th U.S. state.
1863 – Bear River Massacre.
1886 – Karl Benz patents the first successful gasoline-driven automobile.
1891 – Liliuokalani is proclaimed Queen of Hawaii, its last monarch.
1900 – The American League is organized in Philadelphia with eight founding teams.
1907 – Charles Curtis of Kansas becomes the first Native American U.S. Senator.
1916 – World War I: Paris is first bombed by German zeppelins.
1918 – Ukrainian–Soviet War: The Bolshevik Red Army, on its way to besiege Kiev, is met by a small group of military students at the Battle of Kruty.
1918 – Ukrainian–Soviet War: An armed uprising organized by the Bolsheviks in anticipation of the encroaching Red Army begins at the Kiev Arsenal, which will be put down six days later.
1936 – The first inductees into the Baseball Hall of Fame are announced.
1940 – Three trains on the Sakurajima Line, in Osaka, Japan, collide and explode while approaching Ajikawaguchi Station. 181 people are killed.
1941 – Alexandros Koryzis becomes Prime Minister of Greece upon the sudden death of his predecessor, dictator Ioannis Metaxas.
1943 – The first day of the Battle of Rennell Island, U.S. cruiser Chicago is torpedoed and heavily damaged by Japanese bombers.
1944 – World War II: Approximately 38 men, women, and children die in the Koniuchy massacre in Poland.
1944 – In Bologna, Italy, the Anatomical theatre of the Archiginnasio is destroyed in an air-raid.
1963 – The first inductees into the Pro Football Hall of Fame are announced.
1967 – The "ultimate high" of the hippie era, the Mantra-Rock Dance, takes place in San Francisco and features Janis Joplin, Grateful Dead, and Allen Ginsberg.
1989 – Hungary establishes diplomatic relations with South Korea, making it the first Eastern Bloc nation to do so
1991 – Gulf War: The Battle of Khafji, the first major ground engagement of the war, as well as its deadliest, begins.
1996 – President Jacques Chirac announces a "definitive end" to French nuclear weapons testing.
1996 – La Fenice, Venice's opera house, is destroyed by fire.
1998 – In Birmingham, Alabama, a bomb explodes at an abortion clinic, killing one and severely wounding another. Serial bomber Eric Robert Rudolph is suspected as the culprit.
2001 – Thousands of student protesters in Indonesia storm parliament and demand that President Abdurrahman Wahid resign due to alleged involvement in corruption scandals.
2002 – In his State of the Union address, President George W. Bush describes "regimes that sponsor terror" as an Axis of evil, in which he includes Iraq, Iran and North Korea.
2005 – The first direct commercial flights from mainland China (from Guangzhou) to Taiwan since 1949 arrived in Taipei. Shortly afterwards, a China Airlines flight lands in Beijing.
2009 – The Supreme Constitutional Court of Egypt rules that people who do not adhere to one of the three government-recognized religions, while not allowed to list any belief outside of those three, are still eligible to receive government identity documents.
2009 – Governor of Illinois Rod Blagojevich is removed from office following his conviction of several corruption charges, including the alleged solicitation of personal benefit in exchange for an appointment to the United States Senate as a replacement for then-U.S. president-elect Barack Obama.
Famous Folk Born on January 29th:
Thomas Paine
Henry Lee III
William McKinley
Anton Chekov
John D. Rockefeller, Jr.
W. C. Fields (what the heck is a little chickadee anyway?)
Victor Mature
David Rubitsky (RIP, but I never believed that he'd single-handedly killed over 500 Japanese soldiers during the Battle of Buna)
John Forsythe
Paddy Chayefsky
Ed Shaughnessy
Puggy Pearson
Katherine Ross
Claudine Longet
Tom Selleck
Marc Singer
Ann Jillian
Charlie Wilson
Oprah Winfrey
Greg Louganis
Steve Sax
Dominik Hasek
Ed Burns
Heather Graham
Paul Ryan
Sara Gilbert
Adam Lambert
Marc Gasol
In honor of Tom Selleck's birthday, today's movie quotes come from "In & Out"
[while listening to the "How to be a man" tape]
Voice on tape: Now, repeat after me: "Yo!"
Howard Brackett: Yo!
Voice on tape: Hot damn!
Howard Brackett: Hot damn!
Voice on tape: What a fabulous window treatment!
Howard Brackett: What a fabu...
Voice on tape: That was a trick!
#2
[at the Academy Awards] Glenn Close: This is Cameron's first nomination and he's in extremely good company. Tonight he joins fellow best actor nominee Paul Newman for "Coot", Clint Eastwood for "Codger", Michael Douglas for "Primary Urges"
[blows him a kiss]
Glenn Close: and Steven Seagal for "Snowball in Hell". (reporter's note, a clear reference to the chances of Steven Seagal ever being nominated for an Oscar)
#3
Peter Malloy: One day I just clicked. I said: "Mom, dad, Sparky, I'm gay."
Howard Brackett: So what happened?
Peter Malloy: My mom cried, for exactly 10 seconds, my boss said: "Who cares?", and my dad said: "But you're so tall...!".
#4
Howard: [at confession, about "a friend"] He's just never had a physical relationship with her.
Father Tim: Never? In three years?
Howard: He respects her.
Father Tim: He's gay!
[blows him a kiss]
Glenn Close: and Steven Seagal for "Snowball in Hell". (reporter's note, a clear reference to the chances of Steven Seagal ever being nominated for an Oscar)
#3
Peter Malloy: One day I just clicked. I said: "Mom, dad, Sparky, I'm gay."
Howard Brackett: So what happened?
Peter Malloy: My mom cried, for exactly 10 seconds, my boss said: "Who cares?", and my dad said: "But you're so tall...!".
#4
Howard: [at confession, about "a friend"] He's just never had a physical relationship with her.
Father Tim: Never? In three years?
Howard: He respects her.
Father Tim: He's gay!
posted by me at 1:46 PM
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