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	<title>Comments on: TNR Asks &#8220;Whats So Wrong With Spreading The Wealth?&#8221;</title>
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		<title>By: pst314</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122943</link>
		<dc:creator>pst314</dc:creator>
		<pubDate>Wed, 22 Oct 2008 00:49:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122943</guid>
		<description>Appropriately, the founder of the New Republic, Herbert Croly, was a disciple of Mussolini and his magazine advocated unceasingly for fascistic policies and ideas.

Seems that not much has changed.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>Appropriately, the founder of the New Republic, Herbert Croly, was a disciple of Mussolini and his magazine advocated unceasingly for fascistic policies and ideas.</p>
<p>Seems that not much has changed.</p>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-122943" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('122943', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-122943-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-122943" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('122943', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-122943-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: pst314</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122940</link>
		<dc:creator>pst314</dc:creator>
		<pubDate>Wed, 22 Oct 2008 00:44:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122940</guid>
		<description>&quot;Hey New Republic! what say we start with your Profits.&quot;

Good idea, but you don&#039;t go far enough: There are places in the world where the average income is about $600 per year. I suggest that every wealth-redistributionist be stripped of all but $600 a year of their income, and all of their wealth. Seems perfectly reasonable to me. :-)</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>&#8220;Hey New Republic! what say we start with your Profits.&#8221;</p>
<p>Good idea, but you don&#8217;t go far enough: There are places in the world where the average income is about $600 per year. I suggest that every wealth-redistributionist be stripped of all but $600 a year of their income, and all of their wealth. Seems perfectly reasonable to me. <img src='http://floppingaces.net/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-122940" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('122940', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-122940-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-122940" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('122940', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-122940-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: thebronze</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122673</link>
		<dc:creator>thebronze</dc:creator>
		<pubDate>Tue, 21 Oct 2008 05:12:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122673</guid>
		<description>They should just call it &quot;The New Socialist Republic&quot; magazine.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>They should just call it &#8220;The New Socialist Republic&#8221; magazine.</p>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-122673" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('122673', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-122673-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-122673" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('122673', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-122673-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: Craig</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122669</link>
		<dc:creator>Craig</dc:creator>
		<pubDate>Tue, 21 Oct 2008 04:53:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122669</guid>
		<description>Chicago Documentary: Where Is Obama?
http://www.youtube.com/watch?v=rdWjjvpH1Qw&amp;eurl=http://noquarterusa.net/blog/

Well, Obama doesn&#039;t seem to be distributing wealh in Chicago Latino&#039;s district.   In fact, he has done nothing for them since he is a Senator.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>Chicago Documentary: Where Is Obama?<br />
<a href="http://www.youtube.com/watch?v=rdWjjvpH1Qw&#038;eurl=http://noquarterusa.net/blog/" rel="nofollow">http://www.youtube.com/watch?v=rdWjjvpH1Qw&#038;eurl=http://noquarterusa.net/blog/</a></p>
<p>Well, Obama doesn&#8217;t seem to be distributing wealh in Chicago Latino&#8217;s district.   In fact, he has done nothing for them since he is a Senator.</p>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-122669" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('122669', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-122669-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-122669" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('122669', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-122669-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: ICanCopyandPasteToo</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122662</link>
		<dc:creator>ICanCopyandPasteToo</dc:creator>
		<pubDate>Tue, 21 Oct 2008 04:02:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122662</guid>
		<description>This is where we are headed:

&lt;blockquote&gt;AN Afghan mother does not like the £1.2million house she and her family are living in for free — because it is too big to clean.

&lt;a href=&quot;http://www.thesun.co.uk/sol/homepage/news/article1786330.ece&quot; rel=&quot;nofollow&quot;&gt;http://www.thesun.co.uk/sol/homepage/news/article1786330.ece&lt;/a&gt;&lt;/blockquote&gt;


You have to read the comments.  This is what we have to look forward to.

&lt;blockquote&gt;Britain under New Labour. Fantastic place is you are an illegal, non-white, foreigner, muslim.

Hell on earth if you are a tax payer, white, christian, law abiding and English facing beeing booted out of the home you have worked your whole life for.

And there are STILL Labour voters?&lt;/blockquote&gt;

&lt;blockquote&gt;you can&#039;t blaim them for taking whats been offered..nulabour policy,is to look after the scrounger first,the taxpayer seems to be well down their list of priorities..oooh well,not too long now,and you&#039;ll be able to put your x in a box..watch em jump through hoops for ya then&lt;/blockquote&gt;

&lt;blockquote&gt;Free Mansion, Free food because of their benefits, free clothing, free education, free medical care, free dental care cos of their benefits. Is there anything else she&#039;d like? I do agree with the posts above- maybe she&#039;d like a free cleaner too, or someone to do the laundry for her?!&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>This is where we are headed:</p>
<blockquote><p>AN Afghan mother does not like the £1.2million house she and her family are living in for free — because it is too big to clean.</p>
<p><a href="http://www.thesun.co.uk/sol/homepage/news/article1786330.ece" rel="nofollow">http://www.thesun.co.uk/sol/homepage/news/article1786330.ece</a></p></blockquote>
<p>You have to read the comments.  This is what we have to look forward to.</p>
<blockquote><p>Britain under New Labour. Fantastic place is you are an illegal, non-white, foreigner, muslim.</p>
<p>Hell on earth if you are a tax payer, white, christian, law abiding and English facing beeing booted out of the home you have worked your whole life for.</p>
<p>And there are STILL Labour voters?</p></blockquote>
<blockquote><p>you can&#8217;t blaim them for taking whats been offered..nulabour policy,is to look after the scrounger first,the taxpayer seems to be well down their list of priorities..oooh well,not too long now,and you&#8217;ll be able to put your x in a box..watch em jump through hoops for ya then</p></blockquote>
<blockquote><p>Free Mansion, Free food because of their benefits, free clothing, free education, free medical care, free dental care cos of their benefits. Is there anything else she&#8217;d like? I do agree with the posts above- maybe she&#8217;d like a free cleaner too, or someone to do the laundry for her?!</p></blockquote>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-122662" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('122662', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-122662-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-122662" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('122662', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-122662-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: Rob in Houston</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122661</link>
		<dc:creator>Rob in Houston</dc:creator>
		<pubDate>Tue, 21 Oct 2008 03:56:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122661</guid>
		<description>Does it strike anyone funny that all the bribe money, that is what is is really, that the Messiah is promising the poor to vote for him will be paid by us? Promising a chicken in every pot is one thing, but hard cash seems a bit illegal? Seems like he should be charged with bribery and locked up before the election.
Just saying....</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>Does it strike anyone funny that all the bribe money, that is what is is really, that the Messiah is promising the poor to vote for him will be paid by us? Promising a chicken in every pot is one thing, but hard cash seems a bit illegal? Seems like he should be charged with bribery and locked up before the election.<br />
Just saying&#8230;.</p>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-122661" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('122661', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-122661-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-122661" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('122661', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-122661-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: Craig</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122655</link>
		<dc:creator>Craig</dc:creator>
		<pubDate>Tue, 21 Oct 2008 03:28:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122655</guid>
		<description>Richard,

When you give a tax break, you don&#039;t give money.   The money just stays in the taxpayer&#039;s pocket.   And the government gets none.   So he doesn&#039;t need to find it nowhere.

And the $ 300 billions Homeownership Teurgency Plan is taken from the 750 trillion Bailout out Plan.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>Richard,</p>
<p>When you give a tax break, you don&#8217;t give money.   The money just stays in the taxpayer&#8217;s pocket.   And the government gets none.   So he doesn&#8217;t need to find it nowhere.</p>
<p>And the $ 300 billions Homeownership Teurgency Plan is taken from the 750 trillion Bailout out Plan.</p>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-122655" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('122655', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-122655-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-122655" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('122655', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-122655-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: Richard</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122646</link>
		<dc:creator>Richard</dc:creator>
		<pubDate>Tue, 21 Oct 2008 03:01:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122646</guid>
		<description>I agree, but wouldn&#039;t Johnny&#039;s $300 billion Homeownership Reurgency Plan fall into the category of handouts. And how &#039;bout that $5,000 to every American family health plan? 350 Americans x $5,000=trillion$$$
Where is he getting this money????
You guys need to jolt your base and get a true conservative. There&#039;d be a lot of Dems (including myself) on board.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>I agree, but wouldn&#8217;t Johnny&#8217;s $300 billion Homeownership Reurgency Plan fall into the category of handouts. And how &#8217;bout that $5,000 to every American family health plan? 350 Americans x $5,000=trillion$$$<br />
Where is he getting this money????<br />
You guys need to jolt your base and get a true conservative. There&#8217;d be a lot of Dems (including myself) on board.</p>
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		<title>By: Leah</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122638</link>
		<dc:creator>Leah</dc:creator>
		<pubDate>Tue, 21 Oct 2008 02:41:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122638</guid>
		<description>We don&#039;t need to be &quot;spreading the wealth&quot; around and taxing our businesses at a time of economic crisis. We&#039;ll be in a deeper hole than we were before we started out. 

</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>We don&#8217;t need to be &#8220;spreading the wealth&#8221; around and taxing our businesses at a time of economic crisis. We&#8217;ll be in a deeper hole than we were before we started out.</p>
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		<title>By: Craig</title>
		<link>http://floppingaces.net/2008/10/20/tnr-asks-whats-so-wrong-with-spreading-the-wealth/#comment-122634</link>
		<dc:creator>Craig</dc:creator>
		<pubDate>Tue, 21 Oct 2008 02:36:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=10967#comment-122634</guid>
		<description>Christy, your link was so good, that I decided to print the whole article here:

Our tax system, explained in beer terms 
Here&#039;s an explanation of the bailout..........

Read this and take heed --Remember this when you vote!

EXPLAINING OUR UNITED STATES TAXING SYSTEM WITH BEER

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, that&#039;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. &#039;Since you
are all such good customers,&#039; he said, &#039;I&#039;m going to reduce the cost of
your daily beers by $20 . Drinks for the ten now cost just $80.&#039;

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. But what about the
other six men -
the paying customers? How could they divide the $20 windfall so that
everyone would get his &#039;fair share?&#039; They realized that $20 divided by
six is $3.33. But if they subtracted that from everybody&#039;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 man&#039;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 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. &#039;I only got a dollar out of the $20,&#039; declared
the sixth man. He pointed to the tenth man, &#039;but he got $10!&#039; &#039;Y eah,
that&#039;s right,&#039;exclaimed the fifth man. &#039;I only saved a dollar, too.
It&#039;s unfair that he got TEN times more than I!&#039;

&#039;That&#039;s true!!&#039; shouted the seventh man. &#039;Why should he get $10 back
when I got only two? The wealthy get all the breaks!&#039;


&#039;Wait a minute,&#039; yelled the first four men in unison. &#039;We didn&#039;t get
anything at all. The system exploits the poor!&#039;

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn&#039;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 very important....they didn&#039;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.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible!

Look at what the Stock Market has done, even with the bailout, when it looked like Obama was going to win.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>Christy, your link was so good, that I decided to print the whole article here:</p>
<p>Our tax system, explained in beer terms<br />
Here&#8217;s an explanation of the bailout&#8230;&#8230;&#8230;.</p>
<p>Read this and take heed &#8211;Remember this when you vote!</p>
<p>EXPLAINING OUR UNITED STATES TAXING SYSTEM WITH BEER</p>
<p>Suppose that every day, ten men go out for beer and the bill for all<br />
ten comes to $100.<br />
If they paid their bill the way we pay our taxes, it would go<br />
something like this:</p>
<p>The first four men (the poorest) would pay nothing.<br />
The fifth would pay $1.<br />
The sixth would pay $3.<br />
The seventh would pay $7.<br />
The eighth would pay $12.<br />
The ninth would pay $18.<br />
The tenth man (the richest) would pay $59.</p>
<p>So, that&#8217;s what they decided to do.</p>
<p>The ten men drank in the bar every day and seemed quite happy with the<br />
arrangement, until one day, the owner threw them a curve. &#8216;Since you<br />
are all such good customers,&#8217; he said, &#8216;I&#8217;m going to reduce the cost of<br />
your daily beers by $20 . Drinks for the ten now cost just $80.&#8217;</p>
<p>The group still wanted to pay their bill the way we pay our taxes so<br />
the first four men were unaffected.<br />
They would still drink for free. But what about the<br />
other six men -<br />
the paying customers? How could they divide the $20 windfall so that<br />
everyone would get his &#8216;fair share?&#8217; They realized that $20 divided by<br />
six is $3.33. But if they subtracted that from everybody&#8217;s share, then<br />
the fifth man and the sixth man would each end up being paid to drink<br />
his beer. So, the bar owner suggested that it would be fair to reduce<br />
each man&#8217;s bill by roughly the same amount, and he proceeded to work<br />
out the amounts each should pay.</p>
<p>And so:</p>
<p>The fifth man, like the first four, now paid nothing (100% savings).<br />
The sixth now paid $2 instead of $3 (33%savings).<br />
The seventh now pay $5 instead of $7 (28%savings).<br />
The eighth now paid $9 instead of $12 (25% savings).<br />
The ninth now paid $14 instead of $18 (22% savings).<br />
The tenth now paid $49 instead of $59 (16% savings).</p>
<p>Each of the six was better off than before and the first four<br />
continued to drink for free, but once outside the restaurant, the men began to<br />
compare their savings. &#8216;I only got a dollar out of the $20,&#8217; declared<br />
the sixth man. He pointed to the tenth man, &#8216;but he got $10!&#8217; &#8216;Y eah,<br />
that&#8217;s right,&#8217;exclaimed the fifth man. &#8216;I only saved a dollar, too.<br />
It&#8217;s unfair that he got TEN times more than I!&#8217;</p>
<p>&#8216;That&#8217;s true!!&#8217; shouted the seventh man. &#8216;Why should he get $10 back<br />
when I got only two? The wealthy get all the breaks!&#8217;</p>
<p>&#8216;Wait a minute,&#8217; yelled the first four men in unison. &#8216;We didn&#8217;t get<br />
anything at all. The system exploits the poor!&#8217;</p>
<p>The nine men surrounded the tenth and beat him up.</p>
<p>The next night the tenth man didn&#8217;t show up for drinks, so the nine<br />
sat down and had beers without him. But when it came time to pay the bill,<br />
they discovered something very important&#8230;.they didn&#8217;t have enough<br />
money between all of them for even half of the bill!</p>
<p>And that, boys and girls, journalists and college professors, is how<br />
our tax system works. The people who pay the highest taxes get the most<br />
benefit from a tax reduction. Tax them too much, attack them for being<br />
wealthy, and they just may not show up anymore. In fact, they might<br />
start drinking overseas where the atmosphere is somewhat friendlier.</p>
<p>David R. Kamerschen, Ph.D.<br />
Professor of Economics<br />
University of Georgia</p>
<p>For those who understand, no explanation is needed.<br />
For those who do not understand, no explanation is possible!</p>
<p>Look at what the Stock Market has done, even with the bailout, when it looked like Obama was going to win.</p>
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