Tuesday Reading

The following two paragraphs are attributed to British leaders.  They’re probably close to accurate, but then again, I’m the guy who thinks most great quotes are Abe Lincoln’s.

“Some people regard private enterprise as a predatory tiger to be shot.  Others look on it as a cow they can milk.  Not enough people see it as a healthy horse, pulling a sturdy wagon.”  (Winston Churchhill)

“The problem with socialism is that sooner or later you run out of other people’s money.”  (Margaret Thatcher)

I noted previously that politics are not off-limit here.  I suppose you could best label me a libertarian who wants “adults” running our country.  (Adults who agree with me, of course.)

I was a CPA/Auditor/Tax Accountant for a few years after law school, so I have a little working knowledge of taxes and accounting.  The following PDF requires about 20-30 minutes of your time.  It discusses the U.S. tax system and proposes some solutions to our current problems.  Accountants will read this easily and perhaps find it too elementary.  (I’m looking your way, Vickie Nelson [sp].)

I think you’ll find it informative and thought-provoking.  Or maybe I’m just so boring myself as to find this interesting.

http://www.johnmauldin.com/images/uploads/pdf/mwo112811.pdf

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5 Comments on “Tuesday Reading”

  1. SAR says:

    Can you summarize the 20-30 minute .pdf into a 4 sentence paragraph, DA? I am not here to work. If I wanted to do that, I would blog myself. I surmise I am not alone in this as DK brags about his Netflix movie queue, but cannot read a book a month. Books are for chumps when I can watch the movie or at least download the movie trailer. I am tired of pretentious types who smugly say, “But SAR, the book was waaaaaaaaaaay better than the movie.” Great, then go write the sequel. On the subject of sequels, My favorite is Breakin’ II – Electric Boogaloo where Turbo and Ozone scheme to overcome a developer trying to bulldoze the community rec center. Just once, I would love to see the self-righteous punk-ass break dancers sent to Rikers for opposing eminent domain (or ‘compulsory purchase’ as it is called in the UK).

  2. The DA Blog says:

    Hey SAR:

    I get your point. Many people do not have time and/nor interest to print out and read what I hyperlink. I get that.

    I believe the quotes at the beginning of the post adequately summarize the article. The guy was asking “If the ‘rich’ are supposed to ‘pay their fair share’, what is ‘fair’?

    Fair is not 0%. Fair is not 100%.

    I’ll attempt to implement your suggestion that I at least provide a brief summary for those who have materially busy lives professionally and personally.

    Thanks for your Comment. Tell Graeme to stop sleeping and produce.

    DA

  3. Roger says:

    During a break from my “professionally and personally busy life”, sometimes I put my “Captain Correcto” uniform on and point out spelling and/or grammatical errors. I’m sure that the late great British PM would like to see his surname spelled with one “h”, not two….

    Carry on….

  4. DA says:

    Touche …

    Continue with the edits. All suggestions are welcommme.


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