Monday, February 27, 2012

What do you do with your money?

When asked what he did with his money W.C. Fields replied: I spent half of my money on booze, fast women, and gambling... the other half I wasted.


A.C. Smithson

Sunday, February 26, 2012

How's the economy?

The government controlled mainstream media say the economy is roaring back. Look around. Have you seen the increase of vehicles on the roads with New Mexico, Chihuahua, and paper plates. Citizens lying to save a buck and push the cost off on their fellow citizens. The economy is in trouble and this is just one little example. There are thousands more. Don't doubt me.
A. C. Smithson

So the rich need to pay more?

If people like Warren Buffet want to pay more taxes they can. We don't need to change the tax rate. They simply have to write a check to the U.S. Treasury and it's done. These people are not being honest with the citizens of this country. Buffet says he pays less taxes than his secretary. He pays 15% capital gains tax, and she pays 28% income tax. Apples and oranges. Before you feel sorry for his destitute secretary consider she undoubtedly earns more than $100,000 a year and probably more like $200,000. She should be able to get by. He likely struggles by on $15,000,000 a year and pays 15% on that. After deductions she may pay as much as $20,000 if her tax preparer is not very good. Buffet would pay $2.5,000,000. Now understand this money was previously taxed as income a first time. Unless Buffet was avoiding his fair share the first time he would have paid $4.2,000,000 the first time around. Don't fall for these lies think before you leap. Forty-Seven percent of Americans pay no federal income tax. Is that fair? This class warfare is despicable pitting citizen against citizen. Divide and conquer. Tell a lie often enough and people will believe it.
A. C. Smithson

Rising cost of gas.

Gas is up and going higher. People are still confused about it. I am here to make it clear even for the most bewildered and confused. Turmoil in the mid-east is part of the increased cost. Global demand (mainly China) is up so the cost rises slightly. Normal fluctuation in the market, and least of all the 2 cent profit of each gallon that the greedy oil companies steal from us. Yes, these and a few other factors contribute to the overall cost. Over 100 different blends of gas are mandated by the government. The most recent estimate is that this adds $1.00 more to each gallon of gas. Consider the federal, state, and local taxes added to each gallon. The tax per gallon local, state, and federal is 48.1 cents. If the evil oil companies with two cents a gallon are thieves what does that make the government. Well you know. Our government's war on the nation's energy industries is the main cause of this un-holy increase. I predicted in 2009 that gas cost would be this high. I said it was because of liberal policies. Now riddle me this. How could I have known anything other than what the liberal policies would be way back then?

A.C. Smithson

Wednesday, February 15, 2012

Clean electric cars?

New study by Christopher Cherry, assistant professor of civil and environmental engineering at University of Tennessee found electric car drivers may not be "saving the planet". The study found that in terms of air pollution, electric vehicles are more harmful to public health per kilometer traveled than gasoline-powered cars. This goes against conventional wisdom and the indoctrination taught in public schools. What is going on? Check out the study yourself. Just Google electric car pollution.

A. C. Smithson