12 September 2014

Wright-Wing Musings 

 By D.C. Wright

 Today is two solid weeks from the time Maggi and I left on our road trip to Vancouver, Washington. Maggi (or Pearl) is the wonderful woman who consented to be my wife and share my life. Her mum, two sisters, two nephews and a brother-in-law were there and we hadn’t seen any of them for a long time. So we got the Land Rover out of the shop after extensive work replacing head, head gasket, etc., and headed north.

I had driven the Rover to Church Sunday morning and, as usual, loved the way it handled. It drives like a dream. However, the temp gauge had started to climb a bit on the way home from Napa. Yes, Napa in the Wine Country, that had the 6.0 quake just a week earlier. I thought nothing of the temp increase for two reasons. One, it never got out of the normal range, and two, I thought it was normal breaking-in. Little did I know,

So I got back, got her from work at the hotel and we packed the car, thinking that our rendezvous with her family was only a few hours away. We had a rendezvous all right… just not what we were expecting. We drove east on I-80 til we hit North I-5. Then on through Red Bluff, Redding and points North in California until we hit Oregon. This was a first for both of us, as neither had set foot in either Oregon OR Washington before. (I HAD promised to take Maggi to Oregon, but never before had we had the chance to go!) (Full disclosure: I had been on a plane coming home from Vietnam in 1970, which had landed in Seattle, but the Powers-That-Be had not let us deplane at the time, I guess ‘cause we hadn’t gone through customs…)

So, there we were at a place called Cow Creek, with a blown head gasket at 0300, stuck. Not exactly a good start to our trip. According to my so-called smart phone, the nearest taxi was 30-40 miles away, tow service was 20 miles away and a hotel was also 20-plus miles away from us. Here I MUST put in a plug for my phone company. I use Verizon Wireless and their service is second to none. I have their roadside assistance insurance as well as extended insurance on my phone and tablet. I get signal virtually EVERYWHERE. And HELP when I need it. As we did that dark, lonely Monday Morning, Labor Day. They got me a tow and we were taken to the nearest Holiday Inn Express, where we spent the next several days, alone, together.  

More to follow...

11 December 2013

Liberty's Torch: Ineducability

Liberty's Torch: Ineducability: Owing to having been largely incapacitated since early Thursday morning, I have the sort of day before me that makes outright slavery seem a...

15 October 2010

I believe this is a great lesson in economics...I hope most of us know this already.

Bar Stool Economics

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100 and 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." so 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, ladies and gentlemen, 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.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia
For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.

13 October 2010

Soon, now, very soon I'll be back writing for your edification, entertainment and enjoyment! I am on hiatus just now, but I'm coming back!