A little boys letter to GOD

A little boy wanted $100.00 very badly and prayed for weeks, but nothing happened.
Then he decided to write God a letter requesting the $100.00.
When the postal authorities received the letter to God , USA , they decided to send it to the President.
The president was so amused that he instructed his secretary to send the little boy a $5.00 bill.
The president thought this would appear to be a lot of money to a little boy.
The little boy was delighted with the $5.00 bill and sat down to write a thank-you note to God, which read:
Dear God: Thank you very much for sending the money. However, I noticed that for some reason you sent it through Washington , DC., and those BUMS deducted $95.00 in taxes.

Understanding Taxes

Suppose that every day, ten men go out for dinner 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, that’s what they decided to do.

The ten men ate dinner in the restaurant every day and seemed quite happy with the arrangement, until one day the owner threw them a curve.

“Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily meal by $20.” Dinner 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 eat for free.

But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his fair share?

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to eat their meal. So, the restaurant owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:

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 pa id $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 eat for free. But once outside the restaurant, the men began to compare their savings.

“I only got a dollar out of the $20,” declared the sixth man.
He pointed to the tenth man,” but he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more than me!”
“That’s true!!” shouted the seventh man.
“Why should he get $10 back when I got only two? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison. “We didn’t get anything at all. The system exploits the poor!”

The nine men surrounded the tenth and beat him up. The next night the tenth man didn’t show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important. They didn’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 eating overseas where the atmosphere is somewhat friendlier.

David R. Kamerschen, Ph..D
Professor of Economics
University of Georgia

Quote of the Moment

Have we read The Federalist papers? Are we reading the Constitution and pondering it? Are we aware of its principles? Are we abiding by these principles and teaching them to others? Could we defend the Constitution? Can we recognize when a law is constitutionally unsound? Do we know what the prophets have said about the Constitution and the threats to it?

Ezra Taft Benson
“Our Divine Constitution”
Ensign, Nov. 1987

Forrest Gump Explains Mortgage-Backed Securities

Forrest Gump Explains Mortgage-Backed Securities

Mortgage-Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime. Suddenly nobody trusts American chocolates anymore worldwide.

Hank Paulson now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal. Meanwhile, Hank’s buddies, the Wall Street criminals who stole all the good chocolates are not being investigated, arrested, or indicted.

Mama always said: ‘Sniff the chocolates first Forrest’.

4 Truths and 2 Lies: Quirky things about me

Maria tagged me for this game where you have to list 6 quirks about yourself.

4 of these are true and 2 are made up.

How well do you really know me?  Do you know which ones are made up? Who knows all the crazy things about me?

1. When I was in high school, I had a really bad poem published in a book of poetry.

2. Growing up, I wanted to be a police officer.

3. Someday, I’d like to move to the midwest and have life slowdown.

4. Growing up, I would talk in my sleep.  In fact, I have argued in my sleep with other family members who were also asleep in the same room I was in.

5. I once meet the entire cast of Star Trek: Voyager at the now closed Star Trek: The Experience.

6. I enjoy watching Saturday morning cartoons with Mikey; in fact, I think I like them more than he does!

 

Well there you go! Which ones are true?

I tag: Denise, Kinsly, and Anthony

New Microsoft Update (MS08-067)

As most of you know, my day job is a Mobile Computer Technician for Las Vegas Geeks.  We have been Microsoft Partners for several years.  Doing that time, I have received many e-mails about security patches as Microsoft has released them.  The latest update, however, is different.  Not only did I get the normal e-mail notification from Microsoft yesterday, I also got an e-mail from my account executive at Microsoft.  That has never happened before.  To further hightlight how important this particualar update is, my account executive called me today.  Due to the seriousness that Microsoft is placing on this update, I am posting this information here.

“This security update resolves a privately reported vulnerability in the Server service. The vulnerability could allow remote code execution if an affected system received a specially crafted RPC request. On Microsoft Windows 2000, Windows XP, and Windows Server 2003 systems, an attacker could exploit this vulnerability without authentication to run arbitrary code. It is possible that this vulnerability could be used in the crafting of a wormable exploit. Firewall best practices and standard default firewall configurations can help protect network resources from attacks that originate outside the enterprise perimeter. The security update addresses the vulnerability by correcting the way that the Server service handles RPC requests.”

This security bulletin is MS08-067 and more information can be found at http://www.microsoft.com/technet/security/bulletin/MS08-067.mspx.  I highly recommend all who read this blog install this security patch.