AECNU JV Partner News
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Latest News and Information
Giveaways and Events Seeking JV Partners
writes in about Giveaway Downgrades
As all of our regular readers are
familiar we spelled Bob's name
backwards so that nobody will
know whom we are talking about
out a second promotional email
about 3 hours ago, I now have 2
There will be more joining the
list later today.
Please confirm that my status as
a JV member is currently not in
Sincere thanks, Bob
and of course we promptly replied
to Bob with the absolute truth
and policy of the matter
your status as a JV Member is NOT
in jeopardy :-) and never was
regardless of what the automated
software claims because when I
checked your account just now I
found that you are an upgraded JV
Partner/Contributor - and our
policy contrary to almost all other
event hosts has always been that
Upgraded JV Partners are
NEVER downgraded giving
those with small or non existent
lists a chance to really build
their list and the bigger list
owners to maximize on the event
with multiple gifts and more
Thank you for the referrals and
..... To YOUR Success Sir!
YOUR Success IS our
TAX SYSTEM EXPLAINED IN
David R. Kamerschen, Ph.D.
Suppose that every day, ten men
go out for beer and the bill for
ten comes to $100...
If they paid their bill the way
we pay our taxes, it would
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
So, that's what they decided
The ten men drank in the bar
every day and seemed quite happy
arrangement, until one day, the
owner threw them a curve
you are all such good customers,"
he said, "I'm going to reduce
cost of your daily beer by
$20". Drinks for the ten
men would now
cost just $80.
The group still wanted to
pay their bill the way we pay our
the first four men were
unaffected. They would
still drink for free.
But what about the other six
men? How could they divide
windfall so that everyone would
get his fair share?
They realized that $20 divided by
six is $3.33. But if
subtracted that from every body's
share, then the fifth man and
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
bill by a higher percentage the
poorer he was, to follow the
of the tax system they had been
using, and he proceeded to work
the amounts he suggested that
each should now pay.
And so the fifth man, like the
first four, now paid nothing
The sixth now paid $2 instead of
$3 (33% saving).
The seventh now paid $5 instead
of $7 (28% saving).
The eighth now paid $9
instead of $12 (25%
The ninth now paid $14 instead of
$18 (22% saving).
The tenth now paid $49 instead of
$59 (16% saving).
Each of the six was better off
than before. And the first
continued to drink for
free. But, once outside the
bar, the men began
to compare their savings.
"I only got a dollar out of the
$20 saving," declared the sixth
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 benefit than
"That's true!" shouted the
seventh man. "Why should he
get $10 back,
when I got only $2? The
wealthy get all the
"Wait a minute," yelled the first
four men in unison, "we
anything at all. This new
tax system exploits the
The nine men surrounded the tenth
and beat him up.
The next night the tenth
man didn't show up for drinks, so
sat down and had their beers
without him. But when it
came time to
pay the bill, they discovered
something important. They
enough money between all of them
for even half of the bill!
And that, boys and girls,
journalists and government
ministers, is how
our tax system works. The
people who already pay the
will naturally get the most
benefit from a tax
reduction. Tax them
too much, attack them for being
wealthy, and they just may not
anymore. In fact, they
might start drinking overseas,
atmosphere is somewhat
David R. Kamerschen, Ph.D.
Professor of Economics
For those who understand, no
explanation is needed.
For those who do not understand,
no explanation is possible.
If your a lefty this probably
looks like Greek to you.
The shocking way America is just like Egypt
Massive US Government Lie the Media is not
New York Governor says the state is
As the New York
Times' Lede wrote yesterday:
Here is an excerpt from "Why It Is Wrong
to Believe a Word Mubarak said," one
Egyptian activist's detailed response to
President Hosni Mubarak's speech on
What has Mubarak left out in his
1. Emergency law is still effective, which
means oppression, brutality, arrests, and
torture will continue. How can you have any
hope for fair democratic elections under
emergency law where the police have
America is obviously very different from
Egypt. Or is it?
... The United States has been in a
declared state of emergency from September
2001, to the present. Specifically, on
September 11, 2001, the government declared
a state of emergency. That declared state
of emergency was formally put in writing on
September 14, 2001...
... That declared state of emergency has
continued in full force and effect from
9/11 to the present. President Bush kept it
in place, and President Obama has
From Bud Conrad,
The amount of loans being provided by our
banking system is a good reflector of the
strength of our economy. Below is a
big-picture view that shows the total loans
in the U.S. as the Fed reports in its H.8
We can see that loans outstanding declined
at a rapid rate at the beginning of the
current great recession, but there seems to
be a recovery in the little jump at the end
of the chart, as highlighted by the two
small black arrows. A little closer look
shows the Consumer Loans segment is the
source of the optimism that we see in the
The Consumer Loans figure shows an
impossible jump of $360 billion in a
one-time change in April 2010, in the
dashed blue line.
graphically you can see the jump is not
consistent with history. The correct
conclusion is that consumers didn't go on
a $360 billion borrowing binge in one
month. The change was from...
From Mish's Global
Economic Trend Analysis:
interesting compare and contrast
scenario, democratic governors from the
two largest states have vastly differing
ideas regarding what to do about huge
Governor Andrew Cuomo seeks spending cuts
on schools and Medicaid, while California
Governor Jerry Brown wants to ram through
... The New York Times reports,
Cuomo's Budget Cuts Spending on Schools
Declaring New York State "functionally
bankrupt," Gov. Andrew M. Cuomo proposed
a $132.9 billion budget on Tuesday that
would reduce year-to-year spending for
the first time in more than a decade,
sharply cut back projected spending on
education and health care, and cut the
budget for state agencies by more than
half a billion dollars in the next fiscal
In a novel and potentially risky move,
Mr. Cuomo's budget defers...
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