Quote of the Day

As antagonistic and occasionally misguided as he is, Billy Beck gets the quote of the day.

Try to imagine poker game.

You and four of your friends decide on a friendly game one evening. Sitting down at the table, you decide on nickel stakes, but nobody has any nickels. Everyone has dollars.

So, upon finding a box of paper-clips, it is agreed that they will serve as tokens in the game. Each paper-clip will represent a nickel.

Everyone buys in for a dollar. Each person receives twenty paper-clips.

The game starts. Round & round it goes. Everyone has had a good time, and it's time to cash out. The paper-clips are gathered, whereupon it is now discovered that someone has sneaked ten paper-clips onto the table during the game. There are now 110 paper-clips representing five dollars.

Question: what has happened to the value of each paper-clip?

That is inflation, ladies and gentlemen.

Very clearly explained.

Canceled Accounts

I canceled my Citi accounts yesterday. I won't willingly do business with any company taking the Commie Bailout Money(CBM). They didn't sound surprised to hear my reason for leaving.

Tax Refund

It's nice that the media has finally noticed that tax refunds aren't free money and has deigned to inform the plebes.

The IRS is not Santa Claus, and your tax refund is not a gift. Your tax refund is really a return of your money with no interest.

Rebate

The government, in its infinite stupidity, has decided to loan me my own money, from next year's tax refund.

Wonderful.

This should mean that I get to pay in next year, which is something I always love to do.

Via Kim.