User 179682

Restricting So-Called Speculation Is a Fool's Game

The figures which follow will be of no interest to you if you are not a taxpayer.
Let's first explain "taxpayer." It's pretty simple, if you got back more money
after you filed you tax return, than you paid in, then you not a taxpayer, no, you
are a tax spender. So, if you are a tax spender, the following will be of little or no interest
to you. Thus, the following is addressed to the real and true taxpayers who might read this.
I think they may find it of interest.

Our national debt is $9,414,421,975,812.33, i.e., 9.4 trillion dollars. That's money
already spent or obligated by Congress, and there's no way of getting it back --
down the maw of Congress. Congress, you see, has an insatiable appetite for solving (?)
all our problems. To Congress there are no problems, so called, which can't be fixed,
if only more money is spent on them. And, of course, it helps them get re-elected,
and that's their measure of success. But, hey, they're just doing what their tax-spending
constituents ask of them, right?

The estimated population of the United States is 304,162,367
so each person's share of this debt is $30,951.96. Let's be clear,
that's $30,951.96 for every man woman and child in the US.
But even if you are a taxpayer, you can't get off that easy, because,
if you are, say, a family of four and you, man or woman, are the taxpaying
main source of support for your family, your ratable share of the national debt is
not the paltry sum of $30,951.96, no dear ones, it's four times $30,951.96,
that is, $123,807.84 -- send it in. Or would you rather, which heretofore
has been the case, leave it to your children, grandchildren and great
grandchildren to pay?

Years ago, when I was a Page in the US House of Representatives and an
appropriation bill was before the House, Representative Dirkson (later a Senator)
would make a production of ticking off various line items in the pending
appropriation bill and observe that they were all worthy, but then he would
take one of his dramatic pauses and say, "Well, it's just a million here and a million
there, but the first thing you know, we're talking about real money." (If he
were alive today he would have to change his act and express his concern
in billions, not mere millions.) He would often be preceded or followed by
Congressman Rich from Pennsylvania who would do a similar act, he too
acknowledging the worthiness of each and every proposed expenditure,
but then he would pause and yell at the top of his lungs,
"But where we gonna (sic.) to get the money."

Here's the answer to Congressman Rich's question.

"We're going to make our children, grandchildren and great grandchildren pay,
and pay dearly."

Our blessings upon you dear little ones, but it'll cost you, and here's the bill, $9,414,421,975,812.33.

Respectfully submitted,

Ed Funston
Mason City, IA
[phone]


The figures which follow will be of no interest to you if you are not a taxpayer.
Let's first explain "taxpayer." It's pretty simple, if you got back more money
after you filed you tax return, than you paid in, then you not a taxpayer, no, you
are a tax spender. So, if you are a tax spender, the following will be of little or no interest
to you. Thus, the following is addressed to the real and true taxpayers who might read this.
I think they may find it of interest.

Our national debt is $9,414,421,975,812.33, i.e., 9.4 trillion dollars. That's money
already spent or obligated by Congress, and there's no way of getting it back --
down the maw of Congress. Congress, you see, has an insatiable appetite for solving (?)
all our problems. To Congress there are no problems, so called, which can't be fixed,
if only more money is spent on them. And, of course, it helps them get re-elected,
and that's their measure of success. But, hey, they're just doing what their tax-spending
constituents ask of them, right?

The estimated population of the United States is 304,162,367
so each person's share of this debt is $30,951.96. Let's be clear,
that's $30,951.96 for every man woman and child in the US.
But even if you are a taxpayer, you can't get off that easy, because,
if you are, say, a family of four and you, man or woman, are the taxpaying
main source of support for your family, your ratable share of the national debt is
not the paltry sum of $30,951.96, no dear ones, it's four times $30,951.96,
that is, $123,807.84 -- send it in. Or would you rather, which heretofore
has been the case, leave it to your children, grandchildren and great
grandchildren to pay?

Years ago, when I was a Page in the US House of Representatives and an
appropriation bill was before the House, Representative Dirkson (later a Senator)
would make a production of ticking off various line items in the pending
appropriation bill and observe that they were all worthy, but then he would
take one of his dramatic pauses and say, "Well, it's just a million here and a million
there, but the first thing you know, we're talking about real money." (If he
were alive today he would have to change his act and express his concern
in billions, not mere millions.) He would often be preceded or followed by
Congressman Rich from Pennsylvania who would do a similar act, he too
acknowledging the worthiness of each and every proposed expenditure,
but then he would pause and yell at the top of his lungs,
"But where we gonna (sic.) to get the money."

Here's the answer to Congressman Rich's question.

"We're going to make our children, grandchildren and great grandchildren pay,
and pay dearly."

Our blessings upon you dear little ones, but it'll cost you, and here's the bill, $9,414,421,975,812.33.

Respectfully submitted,

But so long accredited investors (and savvy individuals with direct futures market accounts) have access to commodity exposure, it is inequitable to prevent the beneficiaries of ordinary investment funds from enjoying the same.

Don't you need an as, "But so long 'as' . . . ?