Subject: Bob writes in Giveaway Downgrades, US Taxes explained in Beer, Giveaways, NewsBusted


AECNU JV Partner News

Welcome to the AECNU Org JV Partner Newsletter

Greetings Friend, welcome to another edition of the AECNU JV Partners Newsletter :-)


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Bob 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 :-)


After sending out a second promotional email about 3 hours ago, I now have 2 Members referred.

There will be more joining the list later today.

Please confirm that my status as a JV member is currently not in jeopardy.

Sincere thanks, Bob


and of course we promptly replied to Bob with the absolute truth and policy of the matter .....


confirmed sir 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 success :-)





by David R. Kamerschen, Ph.D. Professor of Economics

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

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 ball.  "Since
you are all such good customers," he said, "I'm going to reduce the
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 taxes.  So
the first four men were unaffected.  They would still drink for free.
But what about the other six men?  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 every body'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 a higher percentage the poorer he was, to follow the principle
of the tax system they had been using, and he proceeded to work out
the amounts he suggested that each should now pay.

And so the fifth man, like the first four, now paid nothing (100% saving).
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% saving).
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 four
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 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 benefit than me!"

"That's true!" shouted the seventh man.  "Why should he get $10 back,
when I got only $2?  The wealthy get all the breaks!"

"Wait a minute," yelled the first four men in unison, "we  didn't get
anything at all.  This new tax 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 their 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, boys and girls, journalists and government ministers, is how
our tax system works.  The people who already pay the highest taxes
will naturally 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

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.




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The shocking way America is just like Egypt

Massive US Government Lie the Media is not reporting

New York Governor says the state is "functionally bankrupt"

From Washington's Blog:

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 Tuesday:

What has Mubarak left out in his speech:

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 absolute power?

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 also...
From Bud Conrad, The Casey Report:

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 each week.

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 total.

The Consumer Loans figure shows an impossible jump of $360 billion in a one-time change in April 2010, in the dashed blue line.

Just 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:

In an interesting compare and contrast scenario, democratic governors from the two largest states have vastly differing ideas regarding what to do about huge budget gaps.

New York Governor Andrew Cuomo seeks spending cuts on schools and Medicaid, while California Governor Jerry Brown wants to ram through tax hikes.

... The New York Times reports, Cuomo's Budget Cuts Spending on Schools and Medicaid.

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 year.

In a novel and potentially risky move, Mr. Cuomo's budget defers...




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