Prime's Worm Hole : $50,000 X how much?

Wednesday, October 05, 2011

$50,000 X how much?

Harry Reid's liberal faction and their latest pipe dream of taxation. Via FOX News

Senate Democrats are considering a surtax on millionaires to offset the cost of President Barack Obama's $445 billion jobs bill, according to several party aides. Senate Majority Leader Harry Reid, D-Nev., outlined plans for a 5 percent surcharge in a closed-door meeting with the rank and file, according to participants, as Obama traveled to Texas to deliver his most caustic challenge yet to House Republicans who have not allowed a vote on the legislation unveiled nearly a month ago

OK, so there is the proposition, so let's do the math. 5% of $!,000,000 equals $50,000 So how many millionaires does it take to generate enough money to pay for the $445 billion in Obama's latest tax and spend scheme? Well, that depends on what the definition of millionaire is.

Or is it as Bill Clinton once said: "that depends on what the definition of is, is."

According to Wikipedia quick reference, there are roughly 16.5 million millionaires currently living in America. Which actually means, there are that many people who have assets equal to or exceeding $1,000,000 So, is it Harry Reid's plan to tax people based solely upon their net worth? Or does he intend to tax only those actually earning $1.000.000 annually? Let's work with the former as a starting point.

Doing the math, 5% of $1,000,000 equals $50,000

Multiplied by 16.500.000 and the answer is? 830 000 000 000 (That would be 830 Billion)

So on the surface, that would give Harry and his thugs an almost 100% surplus in increased taxation in one year alone. After they theoretically paid for Obama's dream world jobs bill, they would have a surplus of over 400 billion. So I wonder..

Would that one time hit be good enough for them? Or would they want to spend that extra 400 billion they bled off the prosperous, to pay for more of their so called bills and programs? And how many want to bet that once they got their hands on the first bucket of gold, that they would want more and more and more? Every year endlessly.

I have an idea. What say we pass a bill that allows all alcoholics to simply go to their local liquor store and take five percent of the inventory annually. That should be a sure fire way to end alcoholism. Don't cha think?

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Prime's Worm hole

This is a place for me to muse about the issues that affect our world. My world and my country and my life in particular. I can say what I want to here and those who may stumble across my musings, are welcome to comment,or not. America is under siege. Everything this nation has ever represented, is now being torn asunder and crushed by the onslaught of egalitarian socialism. All morals and social values have been devolved into the belief that systemic racism, is the only underlying cause or reason for any societal ills in America. And that representation, is nothing but a Trojan Horse argument. A means of getting the egalitarian camel's nose into the tent. And now that it has been inserted? There is mayhem and anarchy and burning and looting all across America. And the only questions that remains to be asked and answered? Are these. When is enough enough and when will the American people call full stop and take the law into their own hands, to repel this socialist based attack on the Constitution and our personal freedoms.

Thinking

It started out innocently enough. I began to think at parties now and then -- just to loosen up and be a part of the crowd.
Inevitably, though, one thought led to another and soon I was more than just a social thinker.

I began to think alone -- "to relax", I told myself -- but I knew it wasn't true.
Thinking became more and more important to me and finally I was thinking all the time.

I began to think on the job. I knew that thinking and employment don't mix, but I couldn't help myself.

I began to avoid friends at lunchtime so I could read Thoreau, Muir, Confucius and Kafka. I would return to the office dizzied and confused, asking, "What is it exactly we are doing here?"

One day the boss called me in. He said, "Listen, I like you and it hurts me to say this, but your thinking has become a real problem. If you don't stop thinking on the job, you'll have to find another job."

"Honey," I confessed, "I've been thinking..."

"I know you've been thinking," she said, "and I want a divorce!" "But Honey, surely it's not that serious." "It is serious," she said, lower lip aquiver.

"You think as much as college professors and college professors don't make that much money, so if you keep on thinking, we won't have any money!"
She exploded in tears of rage and frustration, but I was in no mood to deal with the emotional drama.

"I'm going to the library," I snarled
I headed for the library, in the mood for some John Locke. I roared into the parking lot with NPR on the radio and ran up to the big glass doors.

They didn't open. The library was closed.

To this day, I believe that a Higher Power was looking out for me that night.

Leaning on the unfeeling glass, whimpering for Emerson, a poster caught my eye, "Friend, is heavy thinking ruining your life?" it asked.

This is why I am what I am today: a recovering thinker.

I never miss a TA meeting. At each meeting we watch a non-educational video; last week it was "Porky's." Then we share experiences about how we avoided thinking since the last meeting.

I still have my job, and things are a lot better at home. Life just seemed easier, somehow, as soon as I stopped thinking. I think the road to recovery is nearly complete for me.

Today I took the final step...I joined the Democratic Party

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If you are able,
save them a place
inside of you
and save one backward glance
when you are leaving
for the places they can
no longer go.
Be not ashamed to say
you loved them,
though you may
or may not have always.
Take what they have left
and what they have taught you
with their dying
and keep it with your own.
And in that time
when men decide and feel safe
to call the war insane,
take one moment to embrace
those gentle heroes
you left behind.

Major Michael Davis O'Donnell
1 January 1970
Dak To, Vietnam

Captain Michael O'Donnell was lost in Cambodia on March 24 1970, while flying a UH1 rescue helicopter, trying to rescue an eight man LRRP team under attack in Cambodia. He was listed as MIA along with the eight he had attempted to rescue after his UH1 Huey was shot down by enemy fire. The official military report listed the eight as shot down 'non survivable' and 'non recoverable.'

Michael O'Donnell was submitted for the Congressional Medal of Honor for his actions that day. He was awarded the Distinguished flying cross, the Bronze Star, The Air Medal and The Purple Heart and he was promoted to the rank of Major (posthumously).

In 1978 he was officially listed as KIA by the Department of Defense.

A little about the philosophy of the author

The Borg Conspiracy is one man's purely pedestrian thoughts, independent musings and frequently cheeky commentaries...Mixed with an abundance of patriotism, love of God, and love of country.

My thoughts?

In my opinion........in another generation, all that will remain of our once great republic, may be little more than what is left to weather the passage of time in the form of a few obscure and forgotten monuments to the great American experiment.

If America should fail....let it be written as her epitaph.....died by her own hand. The greatest experiment in freedom ever undertaken, lost in the end to the pursuit of the illusion that egalitarian tolerance was more valuable than individual freedom.

Let us be warned.
Franklin, Payne, Jefferson. They all knew the consequences of the lack of vigilance and they tried to warn us. They gave us a document as our guide post. We were to guard it and revere it and use it to guide and govern our future and our posterity.

No one listened.