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Joined 1 year ago
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Cake day: December 11th, 2023

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  • “A Transport For London camera study of 7,500 cyclists at five junctions found in 2007 that, contrary to popular perception, most cyclists do not run reds: 84% of the cyclists stopped at red traffic lights.”

    This surprised me. I haven’t noticed that many cyclists running reds. The tone seemed to suggest that was a good statistic for some reason. That is way too high. If 16% of cars ran red lights my life expectancy would be about three days. I’m in favor of cyclists bending or breaking rules to protect themselves but I don’t think running reds qualifies. Everyone should always stop at reds. I’m a bit of a scofflaw when it comes to some traffic laws but that’s too far.

















  • He got the details wrong, but the important part right. They live off of loans and either let the interest ride or only sell enough assets to pay the interest. When they die, their heirs can sell as much as is needed to pay the loan tax free because the basis is reset to the current value of the assets when they are inherited.

    This isn’t the only thing they do, but it is one part of it