Archive for August, 2008

R.I.P. Bernie Mac 1958 – 2008

Bernard "Bernie" Mac

Bernie Mac was born Bernard Jeffery McCullough in Chicago, IL, on October 5, 1958. Becoming a professional comedian when he was 19, Mac performed in area clubs under his original name. He had small roles in a few movies, when, in 1995, he won a part in Ice Cube’s comedy Friday, and got his own HBO special called, Midnight Mac. From there he moved on to a role in Spike Lee’s movie, Get On The Bus, and was offered a recurring role in the TV series Moesha. In 2000, he joined DL Hughly, Cedric The Entertainer and Steve Harvey to do a comedy show called The Original Kings of Comedy. The exsposure leas to his own prime time sitcom, The Bernie Mac Show. From there Mac was giving a recurring role on the box office hit Ocean’s Eleven with Goeorge Clooney, Brad Pitt & Matt Damon and the subsequent sequels Ocean’s Twelve and Ocean’s Thirteen. Bernie Mac is survived by his wife and their only child a daughter.

Obama Slander emails!!!

So ok I’m sitting at my laptop and what do I get in my inbox, but a nice email from a former neighbor who I would help from time to time with his computer (dude is in his 50’s bless his heart) and I open it up to find out Barrack Obama is going to tax me to death. Now let me first say if you know me you are aware that I flood my friends mailboxes with interesting stories things I find funny, hell allmost anything. But I will say that I research everything I send before I shoot it off to a friends inbox as the gospel. So first let me share with you the dire news.

This is something you should be aware of so you don’t get blind-sided.
This is really going to catch a lot of families off guard. It should make you worry.

Proposed changes in taxes after 2008 General election:

CAPITAL GAINS TAX

MCCAIN
0% on home sales up to $500,000 per home (couples) McCain does not propose any change in existing
home sales income tax.

OBAMA
28% on profit from ALL home sales

How does this affect you?
If you sell your home and make a profit, you will pay 28% of your gain on taxes.
If you are heading toward retirement and would like to down-size your
home or move into a retirement community, 28% of the money you
make from your home will go to taxes. This proposal will adversely affect the elderly who are
counting on the income from their homes as part of their retirement income.

DIVIDEND TAX

MCCAIN 15% (no change)

OBAMA 39.6%

How will this affect you?
If you have any money invested in stock market, IRA, mutual funds,
college funds, life insurance, retirement accounts, or anything that pays
or re-invests dividends, you will now be paying nearly 4 0% of the money
earned on taxes if Obama become president.
The experts predict that ‘higher tax rates on dividends and capital gains
would crash the stock market yet do absolutely nothing to cut the deficit.

INCOME TAX

MCCAIN (no changes)

Single making 30K – tax $4,500
Single making 50K – tax $12,500
Single making 75K – tax $18,750
Married making 60K- tax $9,000
Married making 75K – tax $18,750
Married making 125K – tax $31,250

OBAMA
(reversion to pre-Bush tax cuts)
Single making 30K – tax $8,400
Single making 50K – tax $14,000
Single making 75K – tax $23,250
Married making 60K – tax $16,800
Married making 75K – tax $21,000
Married making 125K – tax $38,750

Under Obama your taxes will more than double!
How does this affect you? No explanation needed. This is pretty straight forward.

INHERITANCE TAX

MCCAIN 0% (No change, Bush repealed this tax)

OBAMA Restore the inheritance tax

How does this affect you? Many families have lost businesses, farms and ranches, and homes
that have been in their families for generations because they could not afford the inheritance tax.
Those willing their assets to loved ones will not only lose them to< BRthese taxes.

NEW TAXES BEING PROPOSED BY OBAMA

* New government taxes proposed on homes that are more than 2400 square feet

* New gasoline taxes (as if gas weren’t high enough already)

* New taxes on natural resources consumption (heating gas, water, electricity)

* New taxes on retirement accounts and last but not least….

* New taxes to pay for socialized medicine so we can receive the same
level of medical care as other third-world countries!!!

Thank YouRobert D. Jenkins
Vice President – Investments
Chartered Retirement Planning Counselor
Wachovia Securities, LLC
314-991-7812
800-999-4448 toll-free
robert.jenkins@wachoviaseccom

So there you have it the world is ending if Obama becomes president ( I hope my sarcasm came across). Anywhoo with about 1 minute of diging on Snopes I came across this were basically we find out this whole email is a lie. I am sure though that many people recieved this email and passed it on to all their friends and family as truth. PLEASE PEOPLE DO A LITTLE DUE DILIGENCE BEFORE YOU PASS ON EMAILS AS TRUTH YOU OWE IT TO YOUR FRIENDS AND FAMILY AND YOURSELF.

Can we make Capitalism Better?

I ran across this article by Bill Gates I will link to it for now and comment more later.

http://www.time.com/time/printout/0,8816,1828069,00.html