Thursday, June 28, 2007
Buffett blasts system that lets him pay less tax than secretary - Times Online
O come on. Before anyone starts believing this oldman that we the lower income earners are really paying more taxes, let´s get back into perspective using some of the general facts given in this news article: Mr. Buffet earned $46,000,000 for YoA 2006. Assuming that his taxable income is a mere $1,000,000 he would have paid $177,000 being 17.7%. Now let´s assume that his receptionist's taxable income is a pathetic $10,000 for YoA 2006 and unfairly taxed at 35% (US max rate), which would be $3,500.
$177,000 compared with $3,500? Come on, who´s paying more taxes? From the point of view of contribution to the country, the rich man certainly does more than the average Jane & Joe.
It would appear that Mr. Buffet is trying to 'seduce' the people.
Kong Kek Kuat, Kuala Lumpur, Malaysia
The reason Mr. Buffett doesn't pay much in taxes is that most of his income is derived from capital gains and dividends, which are quite correctly taxed at a lower rate than personal income.
Capital investment is the engine that drives the American economy. Raising taxes on capital gains discourages investment. It should also be noted that historically, treasury revenues increase when capital gain are taxed at a lower rate. If the purpose of the tax code is to raise revenues for federal spending, wouldn't it be wise to tax capital at a rate designed to produce the highest amount amount of tax revenues? As for dividends, the elderly in America are heavily dependent on the dividend checks they receive. Why raise their taxes?
What Mr. Buffett and other like-minded liberals don't seem to understand is that there is nothing stopping them from sending whatever they consider to be their fair share in taxes to the federal government. Then perhaps they can all sleep at night.
Tony P., montclair, NJ/US
Mr. Buffett's lower effective rate is due to income of capital gains (and probably tax-free muni bonds), not salary. For the receptionist, her income is salary, thus subject to the higher rates.
Second, lower capital gains rates encourage capital formation and investment. Why is no one wanting to lower the receptionist's rate but instead demanding an increase for the capital gains?
Third, Mr. Buffett can pay as much tax as he wants. If he feels that he's cheating the system or his poor receptionist, he can pay more to assuage his guilt. No need to bully the rest of us.
Fourth, the inheritance tax does not affect exclusively "rich" families, but those who have assets. This means that small business owners and family farms are "rich" in their total company value or land, but cash poor.
The death tax simply destroys these families, forcing them to sell the family legacy.
As for the 30m poor families, they aren't paying any tax anyway., let alone $1000 for the death tax.
Saturday, April 21, 2007
Why the Virginia Tech Shooting Hurts the Anti-gun Crowd
When a shooting takes place where guns are permitted or where the victims are children (who could not have legally owned guns), it sets up a what-if situation and allows the anti-gun crowd to say, "See? If only society had banned handguns this could've been prevented."
However, if a shooting takes place where guns are already banned and where, unlike in Columbine, the victims could've legally had guns to defend themselves had they not been, the anti-gun lobby receives a one-two punch.
First, the shooting is a real-life example proving the futility of trying to keep guns away from criminals by banning them: Guns were banned, but a criminal violated the law and brought a gun where he wasn't supposed to. People are left thinking, "Gun laws don't stop criminals."
Secondly, the defenselessness of the victims highlights how devastating not having a gun is when you need one. People are left thinking, "If only the students had guns too!"
Sunday, March 25, 2007
The New York Times is still victimizing innocent Dukies. - By Stuart Taylor Jr. - Slate Magazine
A great article summarizing all the problems with the case against the Duke lacrosse players.
Saturday, March 24, 2007
Reading between the rhymes - News
This professor is a socialist but he makes money from finding racism. Is it any wonder he finds racism where there is none? Ho, Ho! Three cheers for incentives! Try as they might, even socialists themselves can't psychologically escape the mighty...Invisible Hand!
But not with Eminem and other rappers, Rodman said. Society refuses to believe rappers have the intellectual capacity to sing about purely fantastical, violent situations.
"Why is it so difficult for us to envision Eminem (and other rappers) as someone who might have enough creativity, intelligence and artistry to fashion and perform a convincing fictional persona?" he said. "(It's) a bias that rests on the misguided notion that some people are simply incapable of certain sorts of higher thinking and artistic creativity."
That's funny. I have a different explanation of why Society (the professor means "whitey") believes that when rappers rap about violence, they rap about their true feelings. Simply this: We take them at their word (and not just their lyrics). To rappers, that what they rap about is "fo' reeel" is a given. When an outsider questions whether it is just "for show" or entertainment they essentially question the rapper's "street cred", a faux-pas of perhaps deadly proportions. Heck, rappers insult each other by calling their opponents "wanna-be gangstas" as opposed to themselves who really live "da thug life." When in real life rappers are routinely arrested for drug possession and weapons possession (see Snoop Dog), when not just their entourage but their record producers (see Suge Knight) are put in prison, and when popular rappers (see Tupac, Notorious B.I.G., et al.) are gunned down the onus is on those who claim rappers don't mean what they say about violence to prove it.
I'm sure many rappers would also find this professor's premise, that what rappers sing about is not true, to be not just wrong but patently racist: "What? You can't believe that ghetto-thug life is this bad? That we hate the police, that we think women are just ho's and bitches, and that drugs are commonplace? We should expect a white professor to think only white singers can speak the truth!"
Another double standard is while a portion of society believes Eminem symbolizes the demise of youth in society, they fail to recognize or believe the converse -- that so-called positive influences produce positive results in American culture."No one seems to believe that popular computer games like SimCity will make us a nation of brilliantly creative urban planners, but it's almost a given that graphically violent games like Mortal Kombat will generate armies of murderous super-predator teens bent on terrorizing our cities," Rodman said.
What infantile wishful-thinking! (Professor stomps feet) "Waaaaah! It's not fair! If you say bad video games hurt people then you *have* to say good video games help them! Waaaaah!" No, maybe it works that way or maybe it doesn't. Maybe the facts simply are that seeing and participating in virtual violence makes a person more violent in real life but playing games like SimCity just doesn't help us plan better in real-life. I'd like to see some studies on it but until then, who knows? What I do know is that the professor should pull up his underwear because his false dichotomy is showing.John Hardin, a doctoral student and USF instructor, said people should listen to Eminem, because most of what he says -- whether pleasant or not -- largely reflects a portion of society.
"I think we need to embrace how complicated society is," Hardin said. "Getting rid of Eminem doesn't get rid of the problems. You still have Dylan Klebolds that walk into Columbine and shoot people."
Quite true. But what do receive from these same liberals when you explain, "Getting rid of guns doesn't get rid of the problems. You still have outlaws who will possess guns and kill innocent law-abiding citizens"? I'll give you a hint: it's the name of this blog.Tuesday, February 20, 2007
The Hillary Spot on National Review Online
This is like someone who thinks that the the biggest threat to neighborhood peace is for that guy whose handicapped mother got raped and beaten up to go out and kill the man who did it after he got off on a technicality.
Saturday, February 17, 2007
God Bless Bill Cosby!
"I’m talking about these people who cry when their son is standing there in an orange suit. Where were you when he was two? (applause) Where were you when he was twelve? (applause) Where were you when he was eighteen, and how come you don’t know he had a pistol?"
"We cannot blame white people. White people (applause)... white people don’t live over there."
"Therefore, you have the pile up of these sweet beautiful things born by nature raised by no one. Give them presents. You’re raising pimps. That’s what a pimp is. A pimp will act nasty to you so you have to go out and get them something. And then you bring it back and maybe he or she hugs you."
"Brown v. Board of Education, these people who marched and were hit in the face with rocks and punched in the face to get an education and we got these knuckleheads walking around who don’t want to learn English."
"You can’t land a plane with “why you ain’t…” You can’t be a doctor with that kind of crap coming out of your mouth. "
"We have to begin to build in the neighborhood, have restaurants, have cleaners, have pharmacies, have real estate, have medical buildings instead of trying to rob them all."
"Basketball players, multimillionaires, can’t write a paragraph. Football players, multimillionaires, can’t read. Yes. Multimillionaires. Well, Brown v. Board of Education, where are we today? It’s there. They paved the way. What did we do with it? The white man, he’s laughing, got to be laughing. 50 percent drop out, rest of them in prison."
Friday, February 09, 2007
In Focus Article
One of the most interesting paradigm shifts I underwent via Buddhism was the idea that the opposite of "Black" is not "White", it is "Not Black". This realization, I believe, actually has profound implications for how one views the world. Unfortunately, this principle has been interpreted (twisted?) and put into use by so-called Western Buddhists (who exhibit true Buddhist values about as much as Arlen Specter exhibits true Republican ones) to say something-to-the-effect of, "Hey, man! There is no Good. There is no Evil. It's all the same, man!" as they take another hit of the ganga pipe.
It is much easier to believe "it's all the same" and thereby remove any pangs of guilt, responsibility, and duty one might have to respect, among other things, the private property rights of others and, while this may have been what was taught to them at the "Benjamin Spock School for How to Raise Whiners", the Buddha didn't say that and, more importantly, it's not how reality works.
Unfortunately for the liberals who denigrate western achievement and individual material success, the fact that "Black's opposite" is not, "White" and "White's opposite" is not "Black" does not mean that "Black" and "White" are the same. They are, indeed, two different things and sometimes one is simply "Good" and the other "Bad".
Saturday, February 03, 2007
Things I'd like to ask Socialists/Communists
How will what were management decisions be made at what used to be private businesses?
What about marketing? What would marketing look like (even exist?) under socialism? Socialists are big on saying that corporate Amerika manipulates innocent consumers into wanting things they wouldn't otherwise so are we to assume there wouldn't be marketing at all or just "non-manipulative" marketing?
I gots to find me some South Florida Socialists of whom to ask these questions...they keep me up at night.
Saturday, January 27, 2007
Run (don't walk) to see this movie!
What if in the same movie, rich successful white people are admired and portrayed as helpful fair-minded role-models rather than racist foils and the IRS is a heartless bankrupting bureaucracy?
And what if the person who holds these views is a homeless black man who somehow has realized that in life, the reason why you don't get what you want is usually not because some enemy (whitey, the po-leece, societal racism, etc.) thwarted you, but that you simply made poor decisions and didn't work hard enough?
Oh yes, and what if I told you it's based on a true story. (That you might have guessed since all of the viewpoints above are based on reality.)
Well, you say it's uniquely great and should win multiple academy awards.
It won't, but you should see The Pursuit of Happyness anyway. I'll see it more than once and make gifts of the DVD when it comes out.
Friday, December 15, 2006
What to Do in Iraq
Great article recommending we just "Go Roman" on the Iraqis. I'll say this: At this point we need to either do this or split the country up into three sections and only protect those areas who don't attack us from the inside or get the hell out. One of my justifications from the very beginning for invading Iraq was just that; to send a message to the world that if you fuck with us, someone (Saddam, Iraq, our enemies) is going to pay. What better way to send a message by leaving Iraq in chaos?
Quite simply, some people and situations respond better to positive reinforcement and some respond better to negative. While I think it is morally preferable to first treat someone who attacks you with kindness (in an effort to win them over as a friend), if they don't respond it makes logical sense (and its good psychology) to attack them.
I know someone who is concerned that if we leave Iraq in chaos, Iran (who hates us even more and is more dangerous) will swoop in and gain influence and power. When I say the answer to that is simply aiding their enemies and helping the entire region to become a raging Arab War he says the end result will be a more battle-hardened and experienced Arab fighting force, presumably a bigger threat to Israel (and us).
My response to that is: not if it's done right. Yes, a country's military can be improved by a some real war-time experience but if the country and military itself is devastated (infrastructures blown to hell, war-weary populace, etc.) then the military gain is offset by those other factors. Of course we'd have to make sure oil flow is not disrupted. Done right, a carefully crafted Arab War would see most of the countries (or at least our avowed enemies Iran and Syria) much weakened and with overthrown governments and the U.S. in control of some oil fields.
Thursday, December 14, 2006
Election Hypocrisy
Friday, December 01, 2006
Philadelphia Inquirer | 11/24/2006 | The Economy | Revealed: Why understanding economics is hard
How the "Communal Sharing", "Equality Matching", "Authority Ranking" and "Market pricing" worldviews help (and hinder) us understand life situations, including economics.
It is unfortunately first a great irony that Buddhism made me more appreciative of "Authority Ranking" and perhaps secondly a testament to the tremendously (if I may use a technical term: "fucked-up-ness") mistaken interpretation of 99.99% of American so-called Buddhists who use Buddhism as an endorsement of moral relativism, laziness, and wealth redistribution that, unfortunately for them, simply doesn't match the way the world operates. As someone once pointed out, in its natural state a row of trees is beautifully diverse with each growing at a different speed, to a different height in a different direction. It is a most unnatural act to cut them so they all look (achieve) the same.
Saturday, October 07, 2006
Gov. Bush gets rude welcome from Pittsburgh protesters: South Florida Sun-Sentinel
The only things that amazes me more than liberals, in the heat of battle, substituting violence, intimidation and ad hominem attacks for cogent arguments and reason are those away from the fray who praise their actions. Ah, yes. Where are the, at least intelligent, liberal icons of yore like Isaac Asimov who might have ironically been warning his own followers when he noted, “Violence is the last refuge of the incompetent”?
What is there left to do but laugh when the rank-and-file shout, "Yes, more!" as the philosophy of supposed peace loving, non-violent, freedom-of-speech defending, respecting-of-diversity ivory-tower intellectuals becomes steeped in barbarism once it enters the public square. Perhaps there is something to the old adage about “theory” and “reality” being two different things, afterall.
Wednesday, September 06, 2006
Scholars for 9/11.......Bullshit?
A bunch of ivory tower academics, no doubt liberal Bush-hating types (see below), have got themselves a website to promote the idea that 9/11 was an inside job. I actually bothered to go to their website and see who some of them were, and I have to tell you, when you have not just luminaries, but academics whose fields of study and expertise match so closely with the subject matter of their hypothesis...why...who can doubt them? I got tired of listing members' credentials after "K" but you get the picture:
Kevin Barrett (FM) Folklore, UW-Madison; (Now HERE is a professor whose speciality IS matched to the topic!)
Anicha Bay (FM) Visiting Professor of English, Kyungpook National University, Daegu, South Korea (An Engrish teacher who can't teach in America.)
Tracy Blevins (FM) Bioengineering, Rice University (Perhaps Tracy has inhaled some hallucinogenic genetically altered wheatgrass)
Clare Brandabur (FM) Assistant professor of English Literature at Dogus University in Istanbul (Is it a coincidence that Dogus rhymes with Bogus? I think not.)
Larry Burk (FM) Radiology, Medical hypnosis (Self-medicating, are we Dr. Burk?)
John Bylsma (FM) French language and culture (This professor obviously knows a thing or two about collapses.)
Harriet Cianci (FM) Tunxis Community College, CT (Tunxis...Tunxis. A step below BCC?)
William A. Cook (FM) Professor of English, University of La Verne, Author of "Tracking Deception: Bush Mid-East Policy" (An objective opinion can be had from Mr. Cook, no doubt.)
Richard Curtis (FM) Philosophy, Seattle University (Dr. Curtis should go back to contemplating his navel.)
Albert Dragstedt (FM) Classics and Philosophy, St. Mary's College, Oakland, CA (Dr. Dragstedt should go back to contemplating Odysseus' navel.)
Ted Elden (FM) Architect, Communicator (He lists his profession, "communicator". That's okay, I'm a "tricorder.")
Jeffrey Farrer, Ph.D. (FM) Director of Transmission Electron Microscopy Laboratory at BYU (Ah yes. Nothing qualifies someone to research conspiracies more than electron microscopy. Except maybe, cow milking.)
Michael Keefer (FM) English and theatre, University of Guelph (B-b-b-but, I was only....ACTING! Oh, the irony!)
Sunday, September 03, 2006
Hollywood Coming Around?
Shocking to find out there are powerful people out there in Hollywood who actually will be publicly anti-Hizbollah.
Hat tip to: Indolentmick
Thursday, August 31, 2006
Why a real war on terrorism brings out the best in us. By Robert Wright - Slate Magazine
An article in Slate, surprisingly dead on the mark regarding how we should change our foreign policy in the Middle East. To use a piece of lingo from the "new age human potential movement", we need to "hold both." Supporting dictatorships in the Middle East is morally wrong, regardless if they are "our dictatorships", and gives terrorists a reason to hate us and an excuse for why their societies are so backwards. Support should be withdrawn from them. At the same time we should kick Bin Laden's ass.
Tuesday, August 29, 2006
Why the left HATES, DESPISES, AND CAN'T STAND, Bush, Cheney, and Ashcroft.
Poor sad liberals.
Inherit the Wind: an historical analysis
Man, after reading this, I was so glad that this movie was just a vague memory, I had seen it so long ago. I will NEVER watch it again. What crap. Liberals have NO shame. Period.
Saturday, August 26, 2006
Good Evening, Iraq!
I love 95% of what he says. The only thing I would be concerned about is Iran arming the Shiites in Iraq and having them take over and abuse the rights of the Sunnis. I'd feel some sort of obligation to protect them and also it would be bad for the region (and our interests) for Iran to get so powerful.