Wolferz

very nice indeed

quote: Originally posted by Race Bannon IV: ROTFLMAO!!!!! That is funny,can I use that? of course

Farmer Brown had just finished butchering a herd of hogs. after loading the last Hoghead onto his wagon, he called his son. "take these into town and sell them to Luther at the general store." When the boy arrived at the store, all of the boys were sitting around the cracker barrel playing checkers. When the boy asked Luther to buy the Hog heads, Luther decided to have some fun with the kid. " I don't know son, Are them Republican Hog heads or Democratic Hog heads? he quizzed. "I don't know fer sure." replied the boy "Ma Daddy is a Democrat, so I suppose they're Democratic Hog Heads. Luther just winked at all the good'ol boys in the store and told the boy " Go back and tell Yore daddy that I only buy Republican Hog heads" The boy departed and returned a few hours later. Luther scowled at the boy when he returned. Now I told you I only wanted Republican Hog heads. The boy just grinned and said, "They are Luther." Luther said, "no they ain't. They look the same as what they did when ya' came the first time!" the boy tells Luther, "Look closer, Daddy took the brains out!"

quote: Originally posted by Epsilon 5: quote:How often do we hear of General Motors closing down a plant and laying off thousands of workers, Gah, this happened here recently, they closed the camaro/firebird plant, and although the gov. and the employees tried over and over to propose a solution (up to the govt. financing plant conversion costs), they even tried to propose a new car model, nothing. years of struggle and the plant is closed, thousands of jobs lost. This little tidbit should burn your biscuits, GM is coming out with two new models next year. I hope they build them there.

well said Todd. on the other side of the coin though. if our country keeps propping up the third world by just giving them food, they will come to expect it like all the folks in this country who sign up for welfare. I say to hades with that course of action. "Give a man a fish, you feed him for a day" "Teach the man to fish and you feed him for a lifetime" We have the technology and the resources to aid those folks in reclaiming their lands to facilitate growing their own food. then if some petty bunch of thugs wants to come in and take that away from them, then they get to say hello to our AC-130'S say goodbye thugs I would get a laugh from watching the gun cams listening to some Alabama redneck screaming DANG! everytime he pops a bunch with that 40 mm howitzer.

Anyone know where I can get a left rear quarter for an MKIII? oh lookie a good place for post # 500

Deleted, oops wrong thread

If we are going to do it, might as well go whole hog. Which should have been done by Jeb's daddy back in 91. But he was skeered of what the rest of the Arab states would think. If it were me, I wouldn't have given a Rats' arse what they thought. I would have told Schwarzkopf to finish them off, just for lobbing the SCUDs. into Saudi Arabia and Israel. to me that act alone was a clear indication that Saddam is insane. No UN wrist slapping is going to change that either. His regime needs to be dismantled completely. And as soon as we finish that, we send North Korea some pictures of it, with the following caption.. .."Want some too?"

quote: Originally posted by Steve Schacher: quote:snippageWe'll see shortly. quote: If I borrow money from a bank that money is not really income because I will pay it back. But I pay it back with interest. That interest eventually becomes profit to the bank and is taxed right?Correct. Let's look at this transaction from the borrower's point of view. The loan from the bank is a liability to you. Your net worth is negative until the loan is repaid. Income has not been affected. Your loan repayment contains two parts: principle and interest. The principle portion of your payment goes towards reducing your liability, the interest portion is an expense to you. Study amortization if you want to pull more of your hair out (90% of your payment goes towards interest in the early days). Depending on the type of loan (home loans), you can deduct the interest expense from your income tax. quote: In investment that process is reversed. You become the "bank" by loaning money to the company (investing). When you get dividends that money is profit to you from your investment. In other words income. If it walks like a duck, swims like a duck, and quacks like a duck it's a duck. It is income. That's part one of my point. This is where your argument breaks down. Your investment is not a loan to the company. You, as an owner, are buying an asset, that is, shares of stock in a company. You are transferring one asset for another, cash for shares of stock. Again, income is not affected. This transaction does not result in a liability for anyone. You may have an expense in the broker fees paid for the purchase, but that is it. Dividends paid by the company to the owners is not loan repayment, it is distribution of income to the owners. You may be making a mistake in lumping owners with wage earners. You only see income in terms of wage earners. Many wage earners are also owners, and the financial transactions have to be kept separate. The stock owner owns part of a company that has its income taxed. The after-tax distribution of the profits to the owners is dividend that has already been taxed from the perspective of the owner. The fact that an owner is also a wage earner or not is immaterial to the fact that the owner had their income taxed prior to distribution of the profits. Any othe wages earned by the owner will also be taxed as income, but the dividend the owner received was taxed as income to the company of which the owner is a part. quote: Part two is the argument over whether it should be taxed or not. I feel it should. AT least at some level. Even a nominal "feel good" level to avoid the jealously and huge debate that has arisen over this issue. That is the makings of class warfare. Rather than punish the successes of some because of what others don't have, it should be an incentive for others to reach for more. quote: That way the medium investor could have gotten a break but the super uber rich who really do live off the income of dividends would still pay taxes like they were receiving a paycheck. Remember, they are not living off of the income of dividends, they are living off of the income of the company of which they are an owner. The income of the company was taxed. As much as it makes you feel good, it is not a paycheck. quote: Tell that to my checkbook. I have a for more simplistic view. If it goes out it's an expense regardless. You need to take some basic courses in accounting and finance. Try setting up your accounts and managing your money in a program like Quicken to better appreciate how money is accounted for. That's the wrong argument to use. That money should definitely be taxed again because it's a profit to you. Why should unearned income be tax free when my earned income is taxed? The money is not unearned income. The company (of which you are an owner) did plenty to earn that income. quote: You aren't doing anything noble with that money. That's probably how this got started. "Look at all those noble investors propping up the country's infrastructure by investing. Let's give them a tax break for being so noble and selfless." It's not noble or selfless. You are making a profit.I'm not directing this comment to you, but this is where the tax arguments become shrill. This is where opponents claim to know how to better spend your money than you, and try to take it away from you because you aren't using it properly. quote: Snip Steve's very good explanation of Dirty CEO tricks to inflate stock valueActually, I didn't explain the dirty tricks. I explained how changes in the corporate tax structure caused corporations to move away from dividend incentive to stock price growth incentive. Let me explain the "dirty tricks" that went on at Enron for you to see how abusing the financial definitions led to problems (I'm going to be very simplistic): Enron was in the business of brokering energy -- buy it here and sell it there. They weren't actually producing energy, just trading it. It was a very speculative business and they made a lot of money (income) off of California's energy crisis (legally, the problem was in the way that California set up their market). However, Enron had a lot of losses (expense greater than income). Enron would borrow money from banks (liabilities) in order to stay in business. So far, so good. Then Enron did something illegal and got their accountants (Arthur Andersen) to certify it. The banks that held the loans to Enron would book the loan as an Asset (a future cash flow from Enron). The interest on the loan would be future income). They'd do all the proper net present value calculations to get today's value of tomorrow's cash flow, and that would be their balance sheet. Enron figured that they could buy the bank that held their loans. They tried to hide the loans (liabilities to Enron) by booking the bank (now a wholly-owned subsidiary) as an asset (the suppposed loan payments that Enron would have made that was an asset to the bank) instead of keeping their liability separate. They mis-valued the bank, and instead of recording their debts, they doubled their value, swapping their loan liability for the asset of the bank. This ignored the fact that the asset of the bank was propped up by the future loan repayments from Enron. Confused yet? Enron played this game with hundreds of shell companies. They wildly exaggerated their value, when in fact the were deeply in debt. And since the Enron execs knew they weren't going to get anymore moola from the scam, they raided their employees 401k accounts. which were probably held in the same bank. I say string the bastages up from a very tall Oak tree. No cushy Federal spa. for them boys. That should send a bold message to the other fat cats who think they can play the system to make a free buck.

quote: Heck, why on earth have i been rated 2 stars?!?! Some of our Denizens here are a bit fickle I liked your poem even though it blew out the margin. Lemme see if I can help bump up your rating.

quote: Originally posted by Kiran: Have any of you had problems with your PS2 reading game discs after a few months to a year? (assuming you own one) I know of 4 people, including myself, who have this problem and eventually the systems quit reading discs altogether. We all got our systems at about the same time (within a few weeks of each other). Yet both my dad's and bro's system works fine. If there are more than just the four of us experiencing this problem, I'm thinking of trying to get a class-action filed against sony. I don't think I should have to pay 100 dollars for them to make their system work the way it should have to begin with when I already paid 300 to get it in the first place! Does anyone in your household smoke? Have you tried a laser disk cleaner?

Sounds like a typical money grubbin publisher, but I won't make any unfair judgements until I get a look at it. I hope they don't cop that let's start grabbing some money and we'll fix it later attitude Self inflicted Foot wounds usually leave one with a very bad limp.

quote: Originally posted by Rm: Hmm.... i never thought they existed there was only the one and J.W.B. made sure he became extinct

Exactly! Mr Lotharr, THose words were spoken by a very rare commodity.. an honest Lawyer

quote: Originally posted by Wolferz: yeeehaaaw, Big Brother listens to the money talking again.Anyone have some BS repellent?

yeeehaaaw, Big Brother listens to the money talking again.Anyonr have some BS repellent?

Westwood always made good games IMHO, Its' just another example of the big fish swallowing the little fish. Eliminate your competition by usurpation and subjugation. Personally I wouldn't touch an EA game, much less buy one.

Thanks Race, I concur.

quote: Originally posted by Fermin: quote:Originally posted by Wolferz: Anybody else watch that campaign speech? here I am jobless, broke, and unable to work thanks to Uncle Sam and his regulations. .... since Uncle Bush wants to do away with taxes on dividends. When was the last time that a poor guy gave you a job? #1. Corporations, already pay taxes on those dividends, and the government then taxes them AGAIN when we get our dividends. #2. By eliminating this double taxation, it makes raising capital easier, so sorry people like you can get employed again. There's a bright shiney thought, Didja get that one from all the sunshine Jeb just blew up our collective arses? So, you consider me a sorry individual, do ya? FYI I worked to pay my way through school, never once took a handout from any Government agency, paid my taxes same as everyone else, oh wait, the boys with money have enough loopholes in the tax code that they don't have to pay taxes, I served this country in the military to protect ours and your right of free speech, which you just exercised to degrade me. So I'm down on my luck, It can happen to anyone in the blink of an eye. It's not that I don't want to work, I am unable to work because of a Government regulation designed to protect everyone .It doesn't matter to them that it screws me out of a good paying livelyhood, I can't draw unemployment so you see my options are extremely limited and I am forced out of necessity to seek assistance. It doesn't make me proud in the least. In conclusion, If you are too hardhearted to help a neighboor through a rough time, I pity you. I could just say the hell with it and either starve or freeze to death. As as for the haves in DC , they can all blow me!

which one are ya, boss? or do you want us to guess?

I commend you on your fiscal responsibility, Silk, too bad our politicians don't practice the concept, Mr Bush is leading us down the primrose path to another depression. but what does he care? When he gives up the office, he still draws 130 k a year to buy more stocks with, and he gets free medical care for life. I wish I were that fortunate.I hope and pray that you don't suffer some catastrophic life changer like I did. That's when you find out our fabulous government don't give a toss whether you can buy food or not. Then when you go to them seeking some assistance, they look at you like you are a criminal attempting to rob them, nevermind the fact you worked your entire life and paid taxes every year of it get ready to grovel with the rest of the poor people but I digress, peanut butter and crackers, ain't bad until you have been eating it for two months like me.

LOL Race

Anybody else watch that campaign speech? it didn't come close to a state of the Union address. Mr Bush sttood there and verbally wrote checks to the tune of $7 billion. and here I am jobless, broke, and unable to work thanks to Uncle Sam and his regulations. I guees the lower snd middle class are again be asked to pick up the tab for everything, since Uncle Bush wants to do away with taxes on dividends. SO the rich can get richer and the poor pay for it. What a Smuck at least ! I got a laugh watching all those butt kissers getting up and sitting down.

the words Gold Edition should be in raised gold letters, just my opinion, FIW

just another worm http://www.cnn.com/2003/TECH/internet/01/2...tack/index.html