The World According to Mike: November 2008

Saturday, November 15, 2008

Quote of the day 11/15/08

Whatever starts in California unfortunately has an inclination to spread.

~Jimmy Carter

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Friday, November 14, 2008

Leaky Plumbing

Another great analogy for the ObamaNation...

Barack Obama discovers a leak under his sink, so he calls Joe the Plumber to come and fix it. Joe drives to Obama's house, which is located in a very nice neighborhood and where it's clear that all the residents make more than $250,000 per year. Joe arrives and takes his tools into the house. Joe is led to the room that contains the leaky pipe under a sink. Joe assesses the problem and tells Obama, who is standing near the door, that it's an easy repair that will take less than 10 minutes.
Obama asks Joe how much it will cost. Joe immediately says, "$9,500."
"$9,500?" Obama asks, stunned. "But you said it's an easy repair!"
"Yes, but what I do is charge a lot more to my clients who make more than $250,000 per year so I can fix the plumbing of everybody who makes less than that for free," explains Joe. "It's always been my philosophy. As a matter of fact, I lobbied government to pass this philosophy as law, and it did pass earlier this year, so now all plumbers have to do business this way. It's known as 'Joe's Fair Plumbing Act of 2008.' Surprised you haven't heard of it, senator."
In spite of that, Obama tells Joe there's no way he's paying that much for a small plumbing repair, so Joe leaves. Obama spends the next hour flipping through the phone book looking for another plumber, but he finds that all other plumbing businesses listed have gone out of business. Not wanting to pay Joe's price, Obama does nothing.
The leak under Obama's sink goes unrepaired for the next several days. A week later the leak is so bad that Obama has had to put a bucket under the sink. The bucket fills up quickly and has to be emptied every hour, and there's a risk that the room will flood, so Obama calls Joe and pleads with him to return. Joe goes back to Obama's house, looks at the leaky pipe, and says "Let's see this will cost you about $21,000."
"A few days ago you told me it would cost $9,500!" Obama quickly fires back.
Joe explains the reason for the dramatic increase. "Well, because of the 'Joe's Fair Plumbing Act,' a lot of rich people are learning how to fix their own plumbing, so there are fewer of you paying for all the free plumbing I'm doing for the people who make less than $250,000. As a result, the rate I have to charge my wealthy paying customers rises every day. "Not only that, but for some reason the demand for plumbing work from the group of people who get it for free has skyrocketed, and there's a long waiting list of those who need repairs. This has put a lot of my fellow plumbers out of business, and they're not being replaced nobody is going into the plumbing business because they know they won't make any money. I'm hurting now too all thanks to greedy rich people like you who won't pay their fair share."
Obama tries to straighten out the plumber: "Of course you're hurting, Joe! Don't you get it? If all the rich people learn how to fix their own plumbing and you refuse to charge the poorer people for your services, you'll be broke, and then what will you do?"
Joe immediately replies, "Run for president, apparently."


~Original Author Unknown

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2 Comments:

At 12/03/2008 5:25 PM, Anonymous Anonymous said...

Can Mike write anything original or must he steal all his postings from folks with more wealthy minds?

 
At 12/03/2008 5:59 PM, Blogger Mike said...

Mike has written plenty of original posts. One need only scroll down some to see them!

 

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Quote of the day 11/14/08

Be courteous to all, but intimate with few, and let those few be well tried before you give them your confidence.

~George Washington

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Thursday, November 13, 2008

Quote of the day 11/13/08

A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine.

~Thomas Jefferson

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Tuesday, November 11, 2008

Very Good Analogy

The following is one of the best analogies I've ever read. I truly believe that it is this very mindset that got Barrack Obama elected:

Every evening, the same 10 friends eat dinner together, family style, at the same restaurant. The bill for all 10 comes to $100. They always pay it the way we pay taxes:

• The first four are poor and pay nothing.
• The fifth pays $1.
• The sixth pays $3.
• The seventh, $7
• The eighth, $12.
• The ninth, $18.
• The 10th, (the most well-to-do) pays $59.

One night the restaurant owner announces that because they're such good customers, he's dropping their group dinner bill to $80. Let's call that a tax cut. They want to continue paying their bill as we pay taxes. So the four poorest men still eat free. But if the other six split the $20 tax cut evenly, each would save $3.33. That means the fifth and sixth men would end up being paid to eat. The restaurant owner works out a plan: The fifth man eats free; the sixth pays $2; the seventh, $5; the eighth, $9; the ninth, $12; and the 10th guy pays $52. All six are better off than before, and the four poor guys still eat for nothing. The trouble starts when they leave the restaurant and begin to compare what they reaped from the $20 cut. "I only got a dollar of it," says the sixth man, "but he (pointing at No. 10) got $7." The fifth guy, who also saved a dollar by getting his meal free, agrees that it's not fair for the richest to get seven times the savings as he. No. 7, grousing that the wealthy get all the breaks, points out that he only got two bucks. "Wait a minute," the first four poor guys yell in unison. "We didn't get anything at all. The system exploits the poor!" The nine men jump the 10th and administer a severe beating. The next night he doesn't come for dinner. They shrug it off and eat without him. The customary $80 bill comes. Surprise! They're $52 short.Yes, those who pay the most taxes get the most back from tax reductions. But tax them too much — punish them for the wealth they may have — and they just might stop bringing their money to the table.

~Author Unknown

In the last week I've alienated a couple on and offline friends with my anger. Please understand that in the same week the nation elected a president who I believe is going to tax me out of my ability to retire (at least for some years) I received an announcement that the governor of the great state of California is going to punish me for my own state's woes by cutting my pay 5%. To put a 5% pay reduction into perspective, that is 3/4 of my gasoline money or about 1/2 of my grocery budget. And all of THAT news comes on the heels of a friend of 25 years blowing his brains out. Yeah, it's looking like a lovely year!

I make very good money (6 figures). But I got out of high school with nothing and got to where I am by hard work and sound decision making. I had little help from anyone. Now I must endure a political environment in which I'll be mandated to give up a substantial amount of what I've spent 24 years in the work force to achieve to "help" people who haven't paid those same dues. It's as if I'm to be punished for applying myself and working long hours (I average 14 months a year if you add up my hours).

Where is it going to end, folks?

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