Explain.

Larger version below.
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Suppose you could create an exit poll.  What would you ask voters (other than whom they voted for?)

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(NOTE:  The following is a compelling manifesto written by a very successful businessman who now, just retired, is teaching Finance at Seattle University.  He also happens to be my brother!)

Bend an ear this way please – the political rhetoric is thick and mercifully will soon end, but before it does and since you never asked, please permit me to rant – on the economy. I have squeezed my anger into a simple 10 point “lecture format”:
1) Government is not the solution, Government still is the problem and will always be the problem.
2) A free market goes up, a free market goes down. When government intervenes these movements go on steriods.  (more…)

This cartoon frames the whole income redistribution idea well. (Larger version below.)
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(Note: this informative letter was sent in by one of our readers, Ellen Rogers, a retired CPA)

Senior citizens are likely to be the real “cash cow” for an Obama administration.

Having analyzed as best I could from information provided, it appears to me
Obama’s revenue plan is actually designed to “soak the senior citizen” (not
corporations as Obama has stated).   (more…)

Just in time for Ironman, the much-touted, weakly-justified, questionably-obtained, curiously-priced, LCDC-funded, unplanned, emergency bunker was installed in City Park today.

I’m glad that this episode is over.
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Things are a bit crazy these days, with the presidential politics at a fevered pitch and local elections all but ignored.  Do you think it’s different to be “partisan” than to simply be firm in your beliefs? (more…)

U.S. Tax System Explained in Beer – by Joe SixPack (Stan Bradley)

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.  (more…)

Adam Smith, father of Capitalism and Karl Marx, Socialist

Dear Readers, Here’s a letter about the difference between capitalism and socialism in our country, especially in the race for the White House.  This copy was sent to me by the author, but is actually part of a back-and-forth email “discussion” between childhood friends who now, as adults, have differing viewpoints.  I thought it was particularly well written and that you would enjoy it.  (more…)