10/17/08

WE KEEP OUR REPUTATION – For some reason this week… we didn’t feel like posting much here at the World’s Crappiest Blog. So we live up to our reputation as mentioned by Krusty, who can eat me by the way. Just kiddin’ you krazy klown!
SPEAKING OF HERSHEL – One of the reasons why I don’t post much sometimes… is because everyone else is pretty much covering it… and I hate to rip off storylines. Weird excuse… but it’s the truth… anyhow, friggin’ Krusty is in Heavyweight Champion form this week. Haven’t seen this much action on a blog since every GOP Hack in the state was employed with a caucus campaign and ripping each other’s nuts off. (sorry since Jesse Jackson has made the news here and there… just wanted an excuse to use that in a sentence)… anyways… check it Krusty… the undisputed heavyweight champion of the blogs. He’s swinging.
AND SINCE WE’RE IN RECAP MODE – My new favorites of late… the FlyBoys… are on a tear. Their feature “Friday Freak Show” is the must read of the week… well, all their stuff is good. But if you only catch on thing, catch the Freak Show. You can thank me later.
BATTLEGROUND ROYALE – Smoker Hating Emily and crew are worth catching… I’m glad they changed their ways from spreading a rumor and picking scabs to a fact finding mission… love their passion, commitment and tenacity for the cause. Just doesn’t mean I always agree with them. That’s why you should keep voting for Aplington Parkerspburg here.
BAR STOOL ECONOMICS - I’ve never had the tax system explained in ways that I could understand them…. Check this out:

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

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'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. 'Since you are all such good customers, he said, 'I'm going to reduce the cost of your daily beer by $20. Drinks 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 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 '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 drink his beer. So, the bar 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 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.

'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 I!

''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 drinks, so the nine sat down and had beers 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 drinking overseas where the atmosphere is somewhat friendlier.

AND FINALLY… Hey… I’s the weekend and I’m rolling to God’s Country, IA… where the beer is always colder and taste better in the garage. Since Fall weather is here… here’s another Garage classic to jam to this weekend…