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Monthly Archives: November 2011

The New York Times has Jokes

The New York Times, in their editorial “The Republican Wreckage”, makes an almost humorous claim:  “House Republicans have lost sight of this country’s welfare.”  Don’t be confused, there’s not a whole lot of difference between an establishment Republican and an establishment Democrat, however in this entire, sad situation, the House Republicans actually voted on and passed “Cut, Cap, Balance”.  Apparently, Mr. Boehner dismissed the President’s “plea” for compromise.

And why is compromise such a good thing?  According to President Obama, Republicans are violating the country’s founding principle of compromise.  Again, if this wasn’t serious I’d be laughing my butt off.  Here’s the irony:  In order to stick to the principle of compromise (which isn’t really a founding principle in my opinion), we must compromise every other principle this country was founded upon.  Read the rest of this entry »

 
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Posted by on November 29, 2011 in Uncategorized

 

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Capitalism is Amazing

Capitalism is amazing.  And by capitalism I mean free people associating with other free people in order to produce and consume goods and services.  The other day I bought a ceiling fan from Home Depot.  I love Home Depot.

As I walked into the store with my very specific purchase in mind, I noticed a pallet of various bags of mulch and soil.  The whole pallet was reduced to a few dollars.  I noticed the products were imperfect.  The bags had holes torn in them, some product had spilled out, or had they had some other deficiency.  This is one of the amazing parts of capitalism:  imperfect products are either completely thrown out (like rotten or imperfect food in a grocery store) or sold at extremely reduced prices.  Why does this happen?  It happens because you, the consumer, want and demand a perfect product.  And because you, the individual making your own decisions influencing the decisions of the capitalist, get to be in charge.  Read the rest of this entry »

 
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Posted by on November 29, 2011 in Uncategorized

 

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Labor-turned-cash

At the age of 16, I worked at a cabinet factory over the summer delivering counter tops, cleaning up around the shop, installing hardware, and performing whatever odd job that happened to arise.  After two weeks of working 40 hours each week, I received my pay and pay stub.  I saw that a fairly large portion had been taken in taxes.  I accepted this because I did not know any better.  It was the income tax and everybody paid it. 

What I did not know at that time was this:  For two weeks I had been advancing my labor and incurring a credit for work performed.  So what does this mean?  This means that the cabinet factory had incurred a debt and I a credit.  The debt was the wage promised by the cabinet factory and the credit was the money owed at the end of the agreed upon pay period.  How was such an arrangement agreed to?  The cabinet factory proposed a wage and a pay period and I, having the choice to accept, deny, or renegotiate, chose to agree to their terms. 

So I pose this question to you:  Does the government have the authority to step between two private parties who have a private agreement and confiscate a portion of a debt owed?  Was the money handed to me by the cabinet factory really “income” and had I earned a profit?  Or had I just broke even?  Both the cabinet factory and I agreed to the terms, so both of us must have benefited from the transaction.  But, can this be considered profit or even income?  Read the rest of this entry »

 
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Posted by on November 29, 2011 in Uncategorized

 

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