More Redistribution Experiments
Try this the next time you are at a restaurant (well, only if you waiter is voting for Obama).
tyro - (noun) 1. One lacking professional skill and ease in a particular pursuit. 2. One who is just starting to learn to do something.
Try this the next time you are at a restaurant (well, only if you waiter is voting for Obama).
If there is such a large turnout for early voting, how accurate will the November 4th exit polls be? Of course, they are never very accurate, but they may be even further off this year. As stated in the link above, no matter how early you vote, you only get one vote, and these votes haven't even been counted yet.
McCain and Obama - why don't they use this stuff in the debates instead of the lame policy talk:
Apparently, if you ask Obama a tough question, this is what happens to you. Maybe that's why the press has given him a pass for the last 20 months.
Following the meteoric rise of Joe the Plumber, stories about all those horrible rich people in America that need to be taxed more (From The Corner):
I’m Joe the Lawyer.
After dropping out of high school and spending 4 years in the USMC (1963- 1967), I met the woman of my dreams, married, borrowed $500 to buy our first house, did college and law school at night while working full time, had 3 children, educated all of my kids through college (total cost $340,000…none tax deductible), started my own law practice with $25,000 of borrowed funds 32 years ago, have consistently employed between 2 and 11 employees the entire time, never missed a payroll and have earned about 175,000 to $250,000 per year over the last 10 years.
The American Dream, right?
Well, not having worked for a big corporation or a state or federal govt entity, I’ve had only my own savings to accumulate in a 401K for my retirement. I’m now 64, have a mortgage of about $750K (refinanced for college expenses) and can’t retire on my 401K (especially now with the recent market downturn) unless I sell my house (if I can find someone who will buy it) and severely reduce my standard of living.
So, my strategy (assuming my health continues good) is to work until I’m 70, earn as much as I can (this year I’ve worked an average of 60 to 65 hours per week), pay down my mortgage as much as possible and save, save, save. Sure, I’ll make more that $250,000 this year but I’m working the equivalent of 2 jobs.
Not sure where I went wrong here. Started with nothing; married 40 years; 3 kids grown, educated and off my payroll; and can’t retire until earliest age 70. Obama wants to tax me some more, further extending my working life.
$250,000 per year seems like a lot until you look behind the number. Thinking of letting my 6 person staff go, keeping only my secretary and cutting back on all expenses. Then, even if my taxes go up, I ought to be able to save more.
Of course, 6 jobs will be lost.
I am married to Mark the Trucker. He owns a small transportation business (approx 15 employees). He started with one truck in 1978. I'm pretty proud of him. He was also my high school sweetheart and still a hunk.
I've always appreciated this story for the way that it explains how the U.S. tax system works. It is clear and makes the point perfectly (HT: Sound Politics)
Bar Stool Economics
After yesterday's market drop and this morning's headlines, I expected to see soup lines on the way to work this morning. Instead it was a nice, normal commute.
MSM will tell you that it was the Republicans, but last I checked the Democrats held the majority in the House. All they needed was 218 votes to pass this bill. The Democrats currently hold 235 seats in the House. If they vote as a party, it passes.
In the run-up to the Vice Presidential debate this week, let's look at the Democratic VP Candidate, Joe Biden.