Obama the President.Â Can we trust him?
This was sent to me from my one of my old college roommates and I thought it was worthy of rebroadcasting here on my blog.Â In these times of “cry baby” economics, where people are complaining about who gets the biggest tax break and who *should* be getting the biggest tax break I thought everybody could use a dose of how things *really* work.
BAR STOOL ECONOMICS AND HOW TAXES WORK
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, thatâ€™s what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. â€˜Since you are all such good customers, he said, â€˜Iâ€™m going to reduce the cost of your daily beer by $20. Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. What happens to the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his â€˜fair share?â€™ They realized that $20 divided by six is $3.33. But if they subtracted that from everybodyâ€™s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each manâ€™s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33% savings).
The seventh now pay $5 instead of $7 (28% savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
â€˜I only got a dollar out of the $20,â€™ declared the sixth man. He pointed to the tenth man, â€˜But he got $10!â€™
â€˜Yeah, thatâ€™s right,â€™ exclaimed the fifth man. â€˜I only saved a dollar, too. Itâ€™s unfair that he got ten times more than I!â€™
â€˜Thatâ€™s true!!â€™ shouted the seventh man. â€˜Why should he get $10 back when I got only two? The wealthy get all the breaks!â€™
â€˜Wait a minute,â€™ yelled the first four men in unison. â€˜We didnâ€™t get anything at all. The system exploits the poor!â€™
The nine men surrounded the tenth and beat him up.
The next night the tenth man didnâ€™t show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important.
They didnâ€™t have enough money between all of them for even half of the bill!
And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.
Barack Obama is bad for America…
Barack is pushing a disgusting socialist platform. Â You think America is getting run-down with lazy, unmotivated people now? Â Wait until Barack starts his socialist handouts, it will be horrible. Â His distribution of wealth will kill the American spirit and drive.
Barack is anti-Christian. Â Pushing his pro-abortion, killing babies, platform. Â God created the children Barack wants to allow people to abort. Â Killing is killing and Barack is for it.
Barack backs, even campaigns for, Â evil, oppressive foreign governments. Â You just don’t hear about it because of the miserable state of the American media.
The good thing is that if Barack wins tomorrow he will so quickly tarnish his political image that he will be out in four years and the Republican movement will take over and rule America.
What do the top ten cities with the highest poverty rate all have in common?
- Detroit, MI (1st on the poverty rate list) hasn’t elected a Republican mayor since 1961
- Buffalo , NY (2nd) hasn’t elected a Republican mayor since 1954
- Cincinnati, OH (3rd)…hasn’t elected a Republican mayor since 1984
- Cleveland, OH (4th)…hasn’t elected a Republican mayor since 1989
- Miami, FL (5th) has never had a Republican mayor
- St. Louis, MO (6th)….hasn’t elected a Republican mayor since 1949
- El Paso, TX (7th) has never had a Republican mayor
- Milwaukee, WI (8th)…hasn’t elected a Republican mayor since 1908
- Philadelphia, PA (9th)…hasn’t elected a Republican mayor since 1952
- Newark, NJ(10th)…hasn’t elected a Republican mayor since 1907
Nancy Pelosi is worthless.Â She is one of the most powerful women in the United States and all she has done with her power is complan about President Bush.Â Is it possible to impeach a House Speaker because Nancy Pelosi is probably the worst the United States has ever had.