Wednesday, May 15, 2013
Bill Handel's Strange Economic Theories
There was an odd report in the news yesterday. Governor Jerry Brown said he was all wrong about Proposition 30 bringing in more money to California and it wasn't nearly as much as we'd hoped. As a consequence none of the social programs in the State designed to help the poor- - that have had progressive cuts year after year- - none of these social program cuts will be restored. Instead any extra capital influx will go to Education. If there is one thing I've learned over the years is that the education lobby are among the biggest whiners for more revenue of any- - and the squeaky wheel always seems to get the oil. After all if we use fifteen year old grammar and math and history books - - the next generation will grow up to be a bunch of blithering idiots- - without the latest computers- in an industry that seems to "reinvent itself' every few years. Meanwhile people like me who actually Need that money - - don't get it. But Bill Handel has an explanation for all of this. He explains that the capital gains tax was raised from 35 to 39 percent. And that "all of the rich stock owners unloaded their stocks in late 1993 when the last hike was instituted. And one big rich stock holder paid six hundred million in taxes for 1993. Suppose I am the State of California. And my employer informs me "I'm going to pay your next ten years' salary right NOW. Assuming this happens, most likely am I going to have more - - or less money in my treasury in say- a year or two than I would have had - had I NOT gotten paid ten years in advance? Do you see the silliness of Jerry Brown's logic? And according to Bill this same thing is happening in California right now. Untold tax hikes bill be occurring in California next year. Luckily you have people like me to sort out this mess for you. As George Burnes said in the "Oh God" movie, "You have the Advantage that comes from Knowing". Let's look at this. Bill Handel says that if capital gains taxes are raised four percent then "everybody" will dump their stocks and "temporarily flood the state with tax revenues" only to languish the following year. So if I sell my billions worth in common stocks at the end of 1993 to avoid the tax hike and pay 35% on that money (using Bill's figures) at the end of the years 1994 and 1995 now much taxes have I paid on that capital gains? 35% obviously. Now suppose I Don't sell these stocks at all but hold on to them as the price goes up fifteen, twenty, twenty five and maybe even a high percentage by the end of 1995. How much capital gains tax have I paid on these stocks. Zero. The difference is that I still Own these stocks and am continuing to accrew capital. I would rather pay a higher percentage on Income I make than a lower percent on Income that I Ain't Got. Bill says that "Everybody will sell under such circumstances". Well - -did "Everybody" sell at the end of 1993. No. On the contrary by the very fact that prices on common stocks exploded in the latter part of 1994 - one would deduce that people did just the opposite. It's like that example from "Leave it to Beaver" where Beaver and a bunch of friends of his all agree they're going to make a weird face for the class photo in the year book. But when the photo comes out only Beaver made the funny face, so He alone is the odd-ball. So it is with someone selling out all their stocks at the trough of of a business recession like we had in 1993. You see- - you'd only sell out all your stocks on news of a four percent tax rate hike- - if at Most you only expected to extract another three or four percent increase in price of those stocks. In other words if you feel that your holdings "have about had it". If you actually believed the clap trap Rush Limbaugh was preaching in 1993 maybe you were dumb enough to believe this. You know I have no doubt Bill Handel has way more legal knowledge on the nuts and bolts of that profession than I'll ever have. But leave the Economics to me, because you're out of your area of expertise, Bill.
Now apparently there are three major Scandals brewing in the Obama Administration. There is Bengazi and the IRS scandal and most recently this Associated Press scandal. Apparently Eric Holder has tapped the phones of AP to "plug a leak" (like Nixon's plumbers) because according to Bill Handel, "These leaks are so dangerous to national security that you have to throw out the constitution to find out the culperate who did it". Bill Press is saying that AG Eric Holder should be fired. I'd fire him anyhow because he hasn't been doing his job. Bill Press says the Obama Administration (like Nixon before him) is developing a regular Fixation about leaks. Just between you and me I tend to fall back on the old addage that a news reporter should not be compelled to reveal his Sources. Because any reporter worth his salt knows that said Source would dry up rather quickly and kill whatever story I was working on in hopes of getting a pulitzer prize. I must say that- - this whole IRS "scandal" if you care to tall it that- - isn't playing at all well in the media for the Obama administration. The majority of Americans tend to believe that the Internal Revenue Service has been over-bearing in this case, perhaps from personal encounters with them- - which no doubt is the case with people like Judy.
According to Bill Handel once again - - it is inconceivable that a twelve year old guy could make up a lie about something and NOT be guilty of brutally murdering his Sister. (I'm not even going to venture what kind of a family Bill Handel comes from) The attorney for this twelve year old boy now claims the boy made up the story about warding off an intruder or facing him down- - simply out of macho bravado and inwardly he was scared to death upon seeing his eight year old sister stabbed to death. According to Bill Handel no twelve year old would ever make up a story involving macho bravodo because inwardly he was scared shitless about something. I wasn't that macho when I was twelve. My voice hadn't even begun to change- - and I hadn't "buffed out" the way some twelve year olds now seem to with steroids and all they get from their rich parents. Many girls in my same class were taller than I was and some ninth graders were a foot taller than me. What we need to know is - - is there physical evidence connecting the twelve year old with his dead sister. I haven't heard of any. It should be easy enough to prove such as blood on the murderer or a weapon or finger prints and the like. The only thing I've heard is that the twelve year old got along fine with his sister. Normally bigger brothers are protective of their little sisters. The only rivelry comes between younger brothers and older sisters because of the power mis-match between boys and girls where a younger boy has relatively more power for his age than an older girl and then a natural rivelry insues.
If you hope to actually win in a power ball contest- - this is the WORST time to be a player because your own purchase interest will be an inherently smaller percentage of the pie. And your odds for getting ANY money at all rest on your equity in as large of a percentage of the Whole Pie- - that you can get. It makes little sense to say "The grand prize of something I'll never win anyhow is now ten times what it usually is". That's right up there with "Free gas tomorrow". Hopefully though - - California should get its cut from Power Ball revenue from the suckers who actually pay into it.
Then you have another Bill Handel take on a story. It seems that Black students comprise nine percent of the students who cut up in class or who are insubordenate or are otherwise unmanagable and more importantly unteachable and disruptive to the rest of the class. As the old granny addage goes "The bad apple is commencing to spoil the barrel". I believe in "liberalizing' our suspension policies, meaning I believe that suspensions and expulsions should be exercised more Liberally than they are now. Having said this - if it's true that 26% of those expelled are Blacks, when they comprise only nine percent of the students acting up- - we can conclude that the Blacks are over-represented in the number of suspended students by a factor of nearly three to one. But I think Bill Handel believes that by merely being Black - - this is crime enough. What it means of course that of those bad apples NOT caught by the suspension net- - they Will be over-represented by Whites- - those still In school.
Here are some metaphysical questions for you. What direction would one of those big pendulums like you see at Observaatories- - which direction would it swing to knock over the dominoes along the edge- - if you were in Quito Equador? An air bubble will rise from the bottom to the top of a tank of water. It makes no difference the siize of the tank, the air bubble will still rise. Every incident we encounter in our lives is a circumstance. Circumstance is everything. Ethics not based on a situation or circumstance is nonsensical. When a stylus hits a snag in a vinyl record- - does the stylus move in the direction AWAY from the vinyl or Tword the vinyl. Suppose Jesus was asked about the scripture which reads "Father forgive them for they know not what they do" and one asks Jesus, "Did you really say these words, because most texts say that you didn't". Jesus might answer "I did if you have the faith to believe I did". Waves of psychic activity first affect the psychic realm - - and only sometimes to they spill over into the physical realm. The karmic wheel turns at a rate dictated by the varience of the pendulum swing. Karma always comes around again - - and it is He who turns the wheel who determins When that is. People ARE what they DO. People don't sin against Things but against other People, who are of like realm with them. Decisions that move mountains are made because of circumstance and the Will is only a conscious awareness of the rationality (or necessity) of one's actions. Chess pieces have power and control space - but they aren't sensient - - and therefore the will of others overrules their own, if they even had a will, which they don't. If our brains "scramble" and reassemble images received in the retina upside down - - may not time perception be a thing "gotten used to" even if it runs backwards. Here's a crossword puzzle clue of T and six letters. What is the cause of a record "snag". Here's another one. Not HOW but WHY are snags usually caused? What behavior is engaged in that has a high probability of ending up in causing a snag? When matter and anti matter collide- - - is Energy destroyed? Think about this one before you answer. The laboritory experiment has already been run, and the answer is instrumental in one of my Metaphysical theories. If you are able to undo the effects of a say a psychological Trauma - - - what will be a major effect psychologically? If Jesus spoke in Hyperbola - - - and we know that a generic definition of hyperbola is "missing the mark - high" then if hyperbola is a subset of "missing the mark" in general- - hence Sin- - can we not deduce that for those who say "Jesus spoke in hyperbola" as saying "Jesus sinned". Vibrations through the air- - like say someone playing a drum set- - and you're recording a record album- - the drums can be heard in the quiet places of the record. So psychic vibrations "through the other side of the Higgs boxon" will be faint but audible. Objects on this side- - exist in shapes- - and all outside the shape could be said to be of void relivence to said object. On the other side- - what is defined as Plasma - - expands to Fill the Void evenly. If God is the Instigator and Cause of Everything when traced to its Root- - since "engrams" are under the subset of "everything" cannot we conclude that God is the Author of Engrams? The stylus is ruled by circumstance. If a stylus faithfully reproduces what is there- - it does well. When you are in "The realm of the Air" (Actually a St. Paul term) then behold- - things not immediately proximate to one another can be affected by said disturbance in this realm. The goal of a News Herald- - is to Disturb its Readers. (Selah)
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