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Speak out 4/14/08

Monday, April 14, 2008

Shopping and taxes

I HOPE the people of Cape Girardeau are happy with another sales tax increase. I will do as much shopping outside of Cape as I can. Cape has one of the highest sales taxes in the state. It looks like Jackson will see the rewards of Cape's vote.

Sign of the times

I READ where a Chaffee fireman resigned. Now the firefighters are all into it. Can't anybody get along anymore? I never have seen the like where people these days have a hard time getting along with one another. I guess this is a sign of the times as well. I hope not.

Identify the projects

MIKE JENSEN'S anti-earmarked legislation piece, in large part critical of U.S. Rep. Jo Ann Emerson's votes in favor of pork, seemed lacking in one critical sense. If Mr. Jensen is going to criticize the congresswoman for using federal taxpayer dollars to bring pet projects to the 8th District, it seems incumbent on him to identify the specific projects to which he is referring and why these projects shouldn't have come via Washington in large part because of the congresswoman's efforts.

Better relations?

VOTERS OUSTED two longtime Three Rivers Community College board incumbents. Maybe a change in the relationship between TRCC and Southeast Missouri State University will follow. It is about time.

Not about business

THE BUSINESS of schools is not business. If I get a chance to attend Cape Girardeau's school summit, I will bluntly tell Gov. Matt Blunt that it is not the purpose of schools to tailor their curriculum to the needs of business. Rather, schools should teach students about a variety of core subjects and inspire in them a lifelong interest in learning. Making a school curriculum conform to crass business interests is unconscionable and counterproductive to a school's lofty mission.

Funeral processions

I THINK it's foolish to have a funeral procession on a highway like I-55. On divided highways it is unreasonable to expect people traveling from the other direction to pull over. If it's safe to pull over, then do so to show respect. I have traveled U.S. 61 many times and have been going the opposite direction of funeral processions and have had some close calls with fellow drivers wanting to pull over at all costs. Funerals are for the deceased, but the processions shouldn't cause harm to the living.

Storm water first

PLEASE FORGET the water park until we get the storm water under control.

Jackson results

THE RESULTS of the Jackson School Board election proved one thing. Jackson voters care most about coaching and sports. There's no concern to Jackson as long as you produce a winning program in a sport.

Great conservationists

THANK YOU running a good article about Wayne and Debbie Corse. They are wonderful conservationists, and they've also spent years educating students about conservation. Every year they have a special day at their house called "soar day" where they bring two grades of schoolkids and teach them all about conservation.

Union commitment

ARE ALL union members driving U.S.-made vehicles? Are you buying products with a "Made in U.S." label?

Plenty of heart

OUR COUNTRY has plenty of heart. We may be going through tough times right now, but we have heart as a country.

Family movies

SHAME ON the Associated Press for a bad review of "Leatherheads." It's a film that you could take a child age 10 and up and enjoy. There's really not many movies like that. What a shame to make movies like "Drillbit Taylor" that have cursing throughout. What's the point? "10,000 BC" is pretty violent at the end. Hat's off to George Clooney for keeping movies on a higher level than a lot of movies today. And who can't but love Renee Zellweger?

Eyesore junk

SOME OF you who are complaining that the city crews aren't cleaning up the tree limbs would do well to clean up around your house and quit stacking junk all over the place. That's an eyesore.


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Hello all, we just got in from a long trip. Still winter in Wyoming.

I am very glad with the outcome of Scott City voters. We retained a honest mayor and good bye to you Mr. Henderson. I told you your time will come.

I only wish we could talk Mr. Cobb into staying. The progress that he has made in our city goes without saying the hard work he and his staff have put in to make our city safe.

Melange how was the margarita's?

-- Posted by Aggiefan/Twiggy on Mon, Apr 14, 2008, at 5:40 AM

Eyesore junk......thank you for making that comment....I think landlords need to do a better job as well. I've called and complained to a local real estate company about properties in my neighborhood and nothing is done!

-- Posted by stayathomemom on Mon, Apr 14, 2008, at 7:40 AM

I would love to 'buy made in the USA' label anything, where do you find such items? Especially clothing. All our factories have disappeared and nobody (especially politicians) seem to care.

-- Posted by changedname on Mon, Apr 14, 2008, at 9:05 AM

Even items with 'Made in the USA' are made elsewhere and then have the 'USA' tag sewn in. Just ask someone that has worked at a 'factory' in the past 10 years or so.

Thanks NAFTA! (and CAFTA and favored nation status etc...)

-- Posted by MoxFulder on Mon, Apr 14, 2008, at 9:13 AM

dexterite,

You are right. America does not manufacture, or produce material goods, any more. No more craftsmen, artisans, or producers of practical goods. Between a greedy government, greedy union leaders and the pseudo-social reformists, who "just want to make a difference," we have managed to kill, nearly all industry, in this country.

-- Posted by Semoan on Mon, Apr 14, 2008, at 9:33 AM

MoxFulder,

Get ready for the One World Order. We are being acclimated, to European rule. Just like a turtle, dropped into a pot where the water is turned up, a little at a time. We don't see what's coming. We feel it, but it is so slight, we can't be sure what is really, happening to us.

Turtle Island soup!

-- Posted by Semoan on Mon, Apr 14, 2008, at 9:39 AM

Aren't those "Made in the USA" labels made in China?

-- Posted by BoratObama on Mon, Apr 14, 2008, at 10:17 AM

Family movies

Just because it's a family movie doesn't make it a good film. Just think of the classics like Casablanca and Citizen Kane. The Classification and Rating Administration and the Motion Picture Association of America are in place to classify the films by content and rate them for age appropriate viewing.

They ARE NOT in place to rate the quality and story of the film. This is the purpose of the critics, aka (Associated Press etc.)

-- Posted by Proud_Democrat on Mon, Apr 14, 2008, at 10:23 AM

Howard Johnson is right!

It is a circular chain that led us to where we are. Our dollar is so devalued that we can only afford to buy Chinese goods and we can't get better jobs because all the jobs are ..making chinese goods!

This is how and why you see financial experts on Fox and CNN saying that China is our best friend and by making dangerous toys and poison food is good for economy. Seriously, if you haven't seen it Google around for that. A finacial expert on TV saying China is doing their part in keeping our mortage rates low by producing poison food and we should be thankful for it. The worst part is she totally serious.

-- Posted by MoxFulder on Mon, Apr 14, 2008, at 10:35 AM

Ok I looked it up. It was Erin Burnett, a CNBC analyst on Chris Matthews Hardball. Here's a link to see the video. http://www.crooksandliars.com/2007/08/12...

-- Posted by MoxFulder on Mon, Apr 14, 2008, at 10:37 AM

James Nall, don't forget that the price of gas has had a HUGE impact on the price of things too. Wages?? It's kind of an endless cycle isn't it? But the BUCK really has to stop with the companies supplying merchandise and services. If you don't want wages to go up, then stop raising the price of everything. It's that **** simple! You can't keep raising prices without expecting people are going to want higher wages to pay for the stuff. If not, You'll go out of business soon. ;o) Now won't that be nifty? LOL

No money, no buying...outy of businessy. Gety? If not, you will when we hit a depression. LOL

-- Posted by Proud_Democrat on Mon, Apr 14, 2008, at 10:45 AM

Aren't those "Made in the USA" labels made in China?

-- Posted by BoratObama

ROFL.... & crying!

-- Posted by Semoan on Mon, Apr 14, 2008, at 10:59 AM

Ahh...Like the low prices of meat, eggs, and milk that has drastically increased in price since last summer?

-- Posted by Proud_Democrat on Mon, Apr 14, 2008, at 11:32 AM

OT question -- not too long ago, I think somebody posted a link to an artist's rendering of the planned water park. I can't find it now; anybody have it handy?

-- Posted by yermej on Mon, Apr 14, 2008, at 11:47 AM

MoxFulder;

1: Holy Mother of God! I had to play that video clip from CNBC three times to make sure I wasn't hearing things. Is she really that stupid or is there more that puts her statements in context...?

2: I keep trying to figure out your avatar - I know I have seen it somewhere - help me out, it's making my brain itch!

Jerry66 & James Nall;

Yes, wages vs prices is a vicious circle. Whenever employees hear that the company made a big profit, naturally, they all want a bigger piece of the pie. Companies do not want to give it to them - they have a duty to their investors/stockholders, and part of that duty is to use profits to grow the business. This limits the amount of profit they feel they can give up in employee wages and other expenses. The company has to try to strike a balance - try to keep costs down as much as possible and maximize productivity, but try to keep wages at a competitive level, all without needing to raise prices substantially on their product or services, which would negate the benefit of the wage increase for their employees. Remember, the one most controllable cost in any business is labor. Rent, utilities, cost of raw materials, transportation of goods - all set by another source - the vendor. Not going to discuss executive wages with you - that's up to the board of directors. I may not agree with the multi-million dollar wage/benefit packages offered to CEO's, but I stand by the right of the Board to determine what they are willing to pay their executives. Whenever there is a wage increase of any substance, you can pretty much bet that prices are going to increase. Minimum wage increases, for instance, usually affect hourly paid employees at every level on the pay scale - those making a percentage above minimum expect to get their wages adjusted to that same percentage over the new minimum rate - and they should. This has an effect on overall profitability. Profit is not an evil thing - it is what keeps the company in business and that is what keeps people working. More profit means growth which means more jobs which means more people buying products which means more profit which means more growth which means... I know you understand this. Striking the balance is the real trick. There's not really one hard fast rule. It's kind of like having a jar with wasps, mosquitoes, and spiders all fighting for survival: each has the same goal, but is not equipped with exactly the same tools, so what resources they are able to expend will differ for each. Businesses are like that - one hard fast rule for survival, one level of profitability, will not work for all of them. one may be able to exist with, say, a marginal profit rate of 9%. Another may require a marginal rate of 23% to meet it's obligations and sustain growth in the upcoming year. Do I know the answer? If I did, I would write a book and retire on the profits:)

-- Posted by LittleMac on Mon, Apr 14, 2008, at 11:50 AM

Jerry66, you have touched on an issue that is raising its ugly head all over the country. More grains are being utilized to manufacture bio-fuels, raising prices of feed grains for the farmer and causing an increase in meat and dairy products. I saw milk for$4.05 a gallon recently - in Joplin, MO.

I do not think we are doing ourselves a service by buying so many items from China. I do not trust them. I think they will stab us in the back at the first opportunity. Take for instance the loans to pay for that stupid tax rebate... If China ever decided to call in all the loans we have with them, they would own most everything from the Golden Gate to 1600 Pennsylvania Blvd. Personally, I think they are biding their time and plan to do just that. They will go to the World Court, who will uphold their claims, and we will see China take over without firing a shot. My father in law used to say, "whatever you do, do not turn your back to China, they'll stab you in it!" And the sheeple continue to not care.

By the way, if you want more money in your pocket, get behind the Fair Tax!

-- Posted by LittleMac on Mon, Apr 14, 2008, at 12:00 PM

I have seen that whole Hardball thing with the analyst and no, that is her whole idea. No out of context, she's just that stupid. Not stupid really, she just messed up I think and said what 'those' people really think. If China had to ensure that food isn't poisonous, it would make it too expensive for us to buy anymore.

Profit isn't an evil thing, but people do plenty of evil things to make more of it. Killing all the jobs to the point of no one being able to purchase your products isn't a good long term strategy, as many are figuring out now.

Don't give the Fed more power, shut them down!

-- Posted by MoxFulder on Mon, Apr 14, 2008, at 12:23 PM

My avatar is a picture of Emo Phillips, a terribly unfunny comedian from the 90s.

-- Posted by MoxFulder on Mon, Apr 14, 2008, at 12:24 PM

LittleMac,

That was an excellent post. Thanks for the explanation/reminder.

Of course, we are all, playing our part in this, but I see a lot of the greed and divisive attitude trickling down, from our leaders/politicians. In order get the chance to run things. Because they have to establish and maintain a "platform," the two parties have broken it down, to Business & Labor. They have been conditioning the American public, to choose between business and labor (and other, more emotional issues, too). They whip the American people into a frenzy, of fear and righteousness. The pretense of God and Country is thrown in, for a little more lubrication and the attitude trickles down, into the machine. Never mind what is fair and balanced. It's all about how the politicians get themselves elected, so they can feed at the public trough..... both parties win, it's just a matter of which one gets to drive the bus, from time to time.

-- Posted by Semoan on Mon, Apr 14, 2008, at 12:39 PM

Mox,

She isn't stupid she was right...to a certain extent. We all want cheap goods and with that comes a certain price. Now where she screwed up was by implying that that price is poisonous food and lead painted toys.

The real price of cheap goods is the exporting of jobs. This is an inevitable by product of an advanced economy. Aside from electronics and automobiles how many goods are made in Japan? Used to be a lot more than there are now. Even many of the electronics are now made in Korea (as are automobiles). The advancement of the economy dictates a shift to less labor intensive goods to a service driven economy. That has been going on for many years now.

I think the point of her saying that was that we will sacrifice much for the sake of cheap goods. Meaning we will export jobs just to keep the price of consumer goods low.

-- Posted by SWBG on Mon, Apr 14, 2008, at 12:50 PM

MoxFulder,

You are right.....

"Profit isn't an evil thing, but people do plenty of evil things to make more of it."

LittleMac,

You are right, also, though, It's not just China, it's also, Saudi Arabia and Kuwait

Why our leaders allow us to become SO vulnerable to countries like China, I'll never understand!

-- Posted by Semoan on Mon, Apr 14, 2008, at 12:52 PM

I tend to see the up side of most things, but I think one of my concerns is the deletion of our manufacturing capability by outsourcing so much of it to other countries. Yes, we all want cheaper goods. I know we live in a global economy. And I agree with having items manufactured where it is cheapest, but at what point do we say we have over done it? Allow me to be Mr Worse Case Scenario for a moment: Let's say, God forbid, we were involved in another World War - Russia, China, and North Korea and others formed an alliance and decided to take over the whole world, like Hitler planned to do. Don't get me wrong, I know we are in a war right now, on several fronts, with Islamo-fascists like Al-Quaeda and the Taliban. With so much of our manufacturing outsourced, would we have the industrial infrastructure to do what we did in WW II? I fear we would not. Have we placed ourselves in the "guns or butter" predicament? Or, what if there were a major upheaval of some sort that destroyed the ability of many of our sources for manufactured goods to provide those goods. And, with so much outsourced, we are losing control of the products themselves - case in point is China and all the recent problems with items that are dangerous in one way or another. I know the media is making a lot of noise about these incidents, probably excessively, but these are still a concerns of mine. I do not have current figures readily at hand - anybody know just how much of our manufacturing is currently outsourced? Anyway, I just think that we need to be more in control of our destiny than we are. I think Jerry is right about mercantilism - if Allied Europe had maintained a greater manufacturing base after WWI, the Allies would have been less dependent on others to provide their needs in WW II and would have been better able to take on the Axis powers.

MoxFulder;

Yeah, I remember him now. Had a pretty short-lived comedy career as I recall because he was - well, as you said - just NOT funny...

-- Posted by LittleMac on Mon, Apr 14, 2008, at 1:31 PM

Sorry, meant to say James was right about mercantilism...

-- Posted by LittleMac on Mon, Apr 14, 2008, at 1:35 PM

Mox;

The less power and intrusion into our lives by government the better. And yet, so many people want to be dependent on big brother for everything. AS for doing evil things for profit - oh, yes, cannot argue that those types of things have not happened, because they have. Just remember, for every organization that commits evil for profit, there are ten others of high moral standing, doing what is morally and legally proper every hour of every day to make a profit. We do not want to lump all corporations into the same mold of "evil".

Hafta run - lunch then tons of work to finish before I sleep. Keep it between the lines out there!

I'm out!

-- Posted by LittleMac on Mon, Apr 14, 2008, at 1:42 PM

mac,

If, as in your scenario, the countries currently producing much of the goods such as China and the other far east countries were to engage in a World War and we had to produce these for ourselves the market would demand a place be sought.

If there was a need the price would rise and it would be profitable to make those products here. Or another country would step up and the products would be made there (Mexico).

The Chinese economy is flourishing because of the relationship it has with the US and Europe. They don't want to rock the boat either.

Because China is now benefiting from opening up its economy in 25 years what is now produced in China will be produced elsewhere.

-- Posted by SWBG on Mon, Apr 14, 2008, at 1:47 PM

Littlemac,

China already has the power to pull the "nuclear" option on us in the financial market, but I'm not blaming this all on China. The fact is, we have been our own worst enemy. Greed will be our undoing here in the US. Factories didn't HAVE to move to Mexico and Taiwan to start manufacturing more cheaply. Sure, right now they "think" they are making the big bucks. The fact is, the market is proving their not.

It's not just consumers that are over extended on credit...it's big business. Soon, they fall down go boom! I laugh...loudly.

-- Posted by Proud_Democrat on Mon, Apr 14, 2008, at 2:05 PM

SWBG - familiar with the theory on China and growth leading them to outsource themselves in the future, as we have done now. Not certain how that will play out in a controlled society like theirs, will have to wait and see. Agree on their success currently being tied to success of others. Really, Really do not like being so deeply in debt to them nonetheless. Or to anyone else, for that matter. Also agree that I see no real reason why so many companies ran to other countries to set up manufacturing operations - beyond fewer environmental regulations, lower wage rates, less governmental oversight, no unions, lower costs to provide insurance, lower taxes, etc. Guess it's all in how you look at it. We may need to ask ourselves if we are taxing/regulating our businesses to the point of extinction. While some regulation may be necessary, have we reached "critical mass"? What of the plans of some of our politicians to increase taxes on corporate income and try to control executive salaries - is any of that actually beneficial to our economy? Do not think so. Will that cause companies to increse the number of jobs available to our citizens? Not likely. Or will it cause them to move their operations overseas completely? Probably. Do we want Congress directing companies business practices to that extent? Probably not.

Jerry;

You said a mouthfull in just a few lines.

Yes, as you say, many corporations will eventually "fall down go boom" because they have overextended themselves monetarily. Like individuals who do not keep their financial houses in order, they will deserve the "adjustment". However, all the workers who will be placed on the unemployment lines will not. Some will fail because technology will make them obsolete and they were unable to retool to a new product line. Take Blockbuster Video for example - in the next 10 years, they will most likely become obsolete as they currently exist. Technology allowing us to download movies for a flat monthly fee is already here; soon the CD/DVD will be completely replaced by a flash drive-type storage device. Some A/V devices are already available with USB ports to allow you to play A/V files. I just hope, for all our sakes, our retirement accounts are not too heavily invested in those companies that will fail. I do not plan to try to subsist on SS for my retirement. I will have worked hard for more than 5 decades and plan to enjoy my retirement travelling with my wife. Guess we shouldn't worry too much, though - I'm sure there would be a Government bail-out financed by borrowing money from Iran, Cuba, and Venezuela...all close friends of ours! (Places tongue firmly in cheek...)

It's been a pleasure, but the stack on my desk is not getting any shorter... in fact, I think it grew a few inches while I typed this!!!

-- Posted by LittleMac on Mon, Apr 14, 2008, at 4:12 PM

Another factor in this mess is the Fed's issuance of fiat currency and the fact that our dollar isn't hardly worth the paper it's printed on now. It's a very complicated set of cimcumstances that got us to where we are, but if you boil it down, it is the very upper elite that are raping everyone else to consolidate money, land and power. Not just America, but the entire globe.

-- Posted by MoxFulder on Mon, Apr 14, 2008, at 4:56 PM

Evil rich, I am guessing we are all using something from Bill Gates or Steve Job right now. It's a shame they didn't create any jobs or anything, oh wait, they did.

-- Posted by D'oh on Mon, Apr 14, 2008, at 5:21 PM

You're sharp today, for sure, y'all!

Even in the days when my husband and I, were very poor (no TV, no telephone, no car--and picking up soda bottles along the roadways in order to feed the children--"poor" back then was not necessarily what "poor" is today), I never understood the growing antipathy against "big business" or "the wealthy." Without businesses, what would the unemployment rate be now--25%--50%?

IMHO, as a consumer, who am I to complain about whatever profit margin businesses set for themselves? As has been stated before...Who has ever been hired by a poor man?

Okay. Admittedly, I know little about economics--except for household budgeting, bookkeeping and a basic knowledge of accounting, so maybe I just do not comprehend it all too well. But some of you are really good at teaching me, and I appreciate the facts you're shared!

Aggie/Twiggy

Glad you made it home safe and sound again. We missed you!

KJT

Totally funny!

-- Posted by gurusmom on Mon, Apr 14, 2008, at 5:35 PM

Ah, the heck with work - this is fun...

SWBG - yes, if there is a demand, a source will be found - but where? Take steel for example - from friends in the steel fabrication business, I know that there is no place in the US to purchase certain types of raw steel - it comes from Mexico or Canada or China. Much of our manufacturing infrastructure is no longer operational. In WWII, we reset existing plants to produce items needed for the war effort. We no longer have that infrastructure. Putting my world war scenario aside - that was just me indulging in some worst case thinking at any rate - my question is: have we caused, through excessive government interference, regulation, and taxation, more of our manufacturing than is healthy for the economy, to be outsourced to other countries? Would we be better served, long term, to find a way to promote the reintroduction of additional manufacturing here at home? Companies should not be restricted from operating in other countries, that will only increase their available markets, but shouldn't we try to encourage a return to self sufficiency by promoting production here at home as well?

James Nall

The debt is a major concern for all of us. If we do not get ours under control, we are going to borrow ourselves into a black hole from which there is no possible escape. As I see it, the only way we can get debt under control, without taxing us all into oblivion, is to curtail excesive spending; get as many people as posssible off of the government dole, stop funding pork barrell projects like the bridge to nowhere and studies on the sexual habits of the North American Greenlegged Grasshopper, etc. We need lawmakers who are not interested only in their own reelection; who will stop promising their constituents the moon, Jupiter and all its satellites in order to keep their seats in government. There was a time, for a brief moment in our history, when our leaders wanted to be our leaders because they really wanted to do their part, that they believed they could make our country stronger. Now, most want power in order to stay in power, nothing more. Occaisionaly, a young person comes along who really wants to do good; but once they get to DC, they get "the talk" and either fall into line or end up being ostracized and usually not reelected.

I do not recall who made this statement: "..a free society can exist only until the people learn they can vote themselves money from the treasury..."

Too many people have learned this lesson - we hand money out that we do not have to every whiner with a claim. When my kids were little, I would give them an occaisonal candy bar as a treat. When they wanted more, I would just say no. Until our lawmakers learn how to say no to excessive, wasteful spending, we will continue to have an overwhelming debt. Personaly, I think term limits are the answer.

But, how do we get through to Washington?

I believe our greatest hope still lies in the hearts and minds of the American people. In my forty-plus years of life, my work and leisure has taken me from one end of the Nation to the other; I surfed the California coast, basked in the cool Atlantic air, swam in the Gulf of Mexico. I've climbed the mountains of the Southwest, peered through Window Rock, walked the sacred lands of the Navajo and the Sioux, seen the brown desert bloom with the fall rains, stood knee-deep in the headwaters of the mighty Mississippi and hauled rock and gravel and filled sandbags to keep her from washing away our towns. Hunted and fished our wilderness, floated our rivers and streams. Hauled hay, herded cattle, ridden horses through some of the most beautiful country I have ever seen. Served in Europe, Central and South America. I've skied the north, and wondered at the majestic beauty of the Black Hills. Stood with other Soldiers, Sailors, Airmen, Marines, Coasties, Active Duty, Reserve and Retired as part of the Closing Flag Ceremonies at Mount Rushmore. Can't even tell you how many times I have crossed the Continental Divide. Stood and smelled the freshness of the Great Plains after a rainstorm. I have carried the coffin and presented the flag for fallen comrades; then later, alone, knelt and wept at their graves. I have shared meals and lodging, worked, shaken hands and enjoyed rec time with, men and women from all four corners of this great land, and from almost every religious and ethnic backround. It is this that gives me hope for the future. There is determination in the eyes of these people, from the tired farmer to the exhausted Soldier, from the roofer to the factory worker. They all still want the American dream; and they still beleive they can achieve that dream, despite the obstacles. None of these people will give up, and it is through them, and others who will not give up, that we can turn our country around and put it back on the right track. For every vocal naysayer out there, there are many, many quiet, determined people, continuing to move forward day after day. THEY are the people who make our country work - not the politicians, who have become almost nothing but an anachronism. Keep faith. We're not done yet; not by a long shot! The tide will turn and the American people will be heard. It's coming; I can feel it.

I'm out.

-- Posted by LittleMac on Mon, Apr 14, 2008, at 5:53 PM

I thought this was pretty interesting.....

Quote:

This story has been unfolding since 1993 but reached a landmark status in September of 2007 when a Nevada jury returned 0 guilty verdicts to 161 charges against the defendants. The crux of the case hinged upon the fact that the defendant paid his employees in $1.00 silver coins which are currently in circulation and are legal tender. The IRS contends that taxes owed should be based on the market value as a precious metal (approximately $114,000,000) and not the cumulative $1.00 face value of the coins. Apparently even highly educated tax attorneys are unable to conclude how the law applies to this situation.

http://www.liberty-watch.com/volume.../c...

-- Posted by Semoan on Mon, Apr 14, 2008, at 5:58 PM

By the looks of it, the only people hating the rich are:

1.) Those that aren't.

2.) Those who didn't apply themselves, therefore lack the education to get a good paying job.

3.) Those who have an education, but their degree end in Arts.

4.) Liberals. Who believe making a profit is evil because they didn't think of it first.

Take a chill pill people, everything is going to be OK. The more we panic, the worse the situation will become.

-- Posted by BoratObama on Mon, Apr 14, 2008, at 6:03 PM

Just...can't...seem...to...let...this...go...

Mox;

Oh, come on now. Most of the day you sounded so reasonable, now you go and ruin my image of you. Wealth tends to gravitate towards those willing to take the risks necessary to collect it. Take a risk, make an investment, reap the benefits. In many cases, those "evil rich" could have been just as likely to fail and lose everything. Many have. Take a look at your place of employment and ask yourself: "What would I do for a living if there was not a wealthy person/corporation who could afford to pay my wages?" Answer: Probably Burger King - oops, wait - that is a corporation owned by the "evil rich", too. Darn. I guess if you REALLY believe the "evil rich" are so evil, the only morally upright thing you could do is not support them - do not work for them or buy any of their products. You'll have to go on Welfare to live - no, wait, that means you would be living on some of those ill-begotten gains because their taxes will be supporting you. Well, I guess you could live in a wood and thatch hut, made from only limbs that have fallen off of a tree, and grow your own food...you do know how to grow vegetables and milk a cow, right? KJT is right; we would not be on this forum if not for those evil rich folks like Bill Gates. Do not fall into the fallacy that wealth is a zero-sum game - if you earn a dollar, that does not prevent someone else from earning a dollar.

KJT - GOOD ONE!

-- Posted by LittleMac on Mon, Apr 14, 2008, at 6:09 PM

Hey, Mox!

I'm not so concerned with the mega-rich, buying up land, as I am, about the government, ceasing and hording, land. These new laws of "Eminent Domain," just seem wrong.

No one can own land, in this country, anyway.... we can only, rent it from our local governments.

-- Posted by Semoan on Mon, Apr 14, 2008, at 6:35 PM

Off topic, read this

http://arstechnica.com/news.ars/post/200...

Check out what other state is involved. *sigh* I thought as much!

-- Posted by Proud_Democrat on Mon, Apr 14, 2008, at 7:19 PM

LOL...But back ON topic. Read this. LOL

http://news.yahoo.com/s/time/20080414/wl...

-- Posted by Proud_Democrat on Mon, Apr 14, 2008, at 7:23 PM

SEMOAN

I'm more worried of liberals hording land as Ted Turner is the largest private landowner in the USA. giggle

-- Posted by BABE on Mon, Apr 14, 2008, at 7:50 PM

who me,

Free trade had always been the pet of conservative/republicans. Bill Clinton stole that from them. Free trade is the only way to go in this economy. Protectionist play on the fears of the masses. That has traditionally been the democrats playground.

-- Posted by SWBG on Mon, Apr 14, 2008, at 8:13 PM

Who Me?: We have one red light camera near my house that does about 2500 citations per month @ $50 per ticket. That's an average of $125,000 per month and $1,500,000 per year! Yet, the county says it's for "our safety". Safety my ***.

-- Posted by BoratObama on Mon, Apr 14, 2008, at 10:00 PM

Want something funny? (I hope this link still works)

http://boortz.com/more/video/nightly_pot...

-- Posted by BoratObama on Mon, Apr 14, 2008, at 10:04 PM

Who me, becareful before you lump all of UHC into the same catagory as this law signed into action by Former REPUBLICAN Gov. Mitt Romney. It's not a TRUE UHC model, of course Romney had to try and run it as a capitalistic venture. Silly Rabbit! Tricks are for kids! You can NEVER mix goodwill with business and try to make a profit.

-- Posted by Proud_Democrat on Mon, Apr 14, 2008, at 10:35 PM


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