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People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Friday, November 12, 2010

Thank You

Let me extend a sincere thank you to all who wrote to me (or left a comment below) in the last few days wishing my family the best after we suffered the loss of my mother.  Evelyn Lorraine Riehle Fuhrman was a good ol' gal.  And she was more conservative than I am, if you can imagine that.

She'll be dearly missed.

Thanks again for the kind thoughts and prayers.

The Work Of Small Minds

The Roanoke Times editorial page is worried this morning that the Virginia legislature might consider eliminating the state corporate income tax.  See "Don't eliminate corporate tax."

The shock.

What the geniuses don't realize - and will never grasp - is the notion that corporations don't pay taxes. They simply collect tax revenue from customers (when goods or services are purchased; with the tax built into the price) and turn it over to the state in the form of corporate tax payments.

YOU are paying all corporate taxes.

You just don't see it.

Think of it as sleight of hand.  The kind of trickery that the Roanoke Times would ask that the government continue to employ.

If we wanted to eliminate this smoke-and-mirrors, we'd eliminate the corporate tax and make up for the lost revenue by raising the state sales tax to compensate.

And then stand back and listen to the people howl in protest.

At least a valuable lesson will be learned. Money doesn't grow on tropical Carilion trees.

We Lose One Of The Good Guys

Well, this news isn't fun.  The Roanoke Times's most talented columnist is leaving the area's premier source of fish wrap:

Tom Angleberger:
Well, readers, we've had a lot of fun these past nine years.

Your questions have sent me on a crazy voyage of discovery -- interviewing everyone from Gov. Doug Wilder to the Neon Man to the guy who used to say, "Elvis has left the building." I talked to an astronaut about burping in space. I interviewed the guy who wrote "Grandma Got Run Over by a Reindeer." I found out what happened to Shirley Temple's brothers.

In all I wrote about 450 columns, answering 1,000 or so questions. It has been a great ride.

But, as some of you may know, I've also been on another journey. Seven years ago, I embarked on a dream job -- writing kids' books. And now, after much heartache and rejection, that career has finally taken off. Whether it will last or not remains to be seen. But for now I've decided to focus my energies there.
Well, it was a good ride, Tom. Ya done well for the paper. And we thank you for entertaining us with your work. Good luck in future endeavors.

As for the Times, expect it to replace Mr. Angleberger with some leftist knucklehead who will write incessantly - and insufferably - about Southwest Virginia's trees, boulders, and crap.  Like most of them do.

I can't wait.

- - -

Sorry I'm coming late to this story.  I've been ... distracted.

We Need An Expert!

Home sales in the Roanoke Valley are plummeting.  But prices are skyrocketing?  Are the basic laws of economics being turned on their head?

Make sense of this if you can:
Home sales down 28% from last year
By Jenny Kincaid Boone, Roanoke Times

Home sales in the Roanoke Valley dipped 28 percent in October from the previous year's levels.

Last month, 239 houses sold, compared with 331 in October 2009, the Roanoke Valley Association of Realtors reported.

The decrease follows several months of home sales declines this year in the Roanoke Valley after a federal tax credit ignited sales for first-time homebuyers nationwide during the first half of 2010.

Still, the average price of a home in the Roanoke Valley rose to $204,110 last month, from $179,335 in October 2009, according to the association. Total housing inventory stood at 4,140 in October, up from 3,815 last year. [link]
Let me get this straight.  Inventories are up 8%.  Sales are down 28% (which explains - probably - why inventories are up).  And yet the average price (value?) of a home rose 14%?

Why am I skeptical of those numbers.

Econ 101 taught us that an excess of inventory brought about by an acute dearth of sales activity necessarily drives prices down.  Not up.

Something's screwy here.  I call for a full-blown investigation.

A Reader Speaks Out ...

... in triumph and in concern:
Even though Dickenson County went heavily for Boucher, yet again I observed that things just didn't smell right for him here. I haven't yet bothered to check the results against the last election in which he had an opponent, but I'm thinking about 1000 Democrats either stayed home last week or didn't vote for him. They sure as hell didn't vote for Griffith but that was just one less vote Griffith had to make up elsewhere.

I hope Griffith can come out of the shoot blasting away. A lot of people will be watching him, so I hope two years will be enough time for him to show his genuine concern for the whole district. I've already had a few people, all Democrats except for one, tell me we may have shot ourselves in the foot in electing Griffith. My reply to all of them has been things couldn't possibly have been any better for us had Boucher won.
One thing you can count on over in Dickenson County: Rick Boucher's cap-and-trade legislation, which would have been so destructive to your way of life, will never raise its ugly head again now that he - and all those environmentalists like him - have been bounced from office.

It's a good day. Bask in it.

- - -

So you know, the vote totals for Dickenson County, 2006 vs. 2010 look like this:

2006: Boucher & Carrico: 3,931 - 1,428
2010: Boucher & Griffith: 2,940 - 2,038


Quite the turnaround.

We Have a Great Deal Of Work Yet To Be Done

I remember when Mitch McConnell first came to Washington with the attitude that he was going to change things.  Instead, over the years, Washington has changed him.  Now he's no different from the rest of them.

And that's too bad.

Because we the American people are fully prepared to run his ass out of office too, along with the rest of the politicians who are intent on taking America further down the path of destruction.

The sobering news:
Mitch McConnell fights GOP earmark ban
By Manu Raju and John Bresnahan, Politico

Senate Minority Leader Mitch McConnell is maneuvering behind the scenes to defeat a conservative plan aimed at restricting earmarks, setting up a high-stakes showdown that pits the GOP leader and his “Old Bull” allies against Sen. Jim DeMint (R-S.C.) and a new breed of conservative senators.

In a series of one-on-one conversations with incoming and sitting senators, McConnell is encouraging his colleagues to keep an open mind and not to automatically side with DeMint, whose plan calls on Senate Republicans to unilaterally give up earmarks in the 112th Congress, according to several people familiar with the talks.

“And this debate doesn't save any money, which is why it's kind of exasperating to some of us who really want to cut spending and get the federal government's discretionary accounts under control,” McConnell said on CBS’ “Face the Nation” on Sunday in discussing the earmark controversy. [link]
But that's the point, Mitch. If you can't alter the way you do business when it comes to the little problems, how are you ever going to tackle the bigger ones?

History tell us that Mitch McConnell can't. And won't.

Maybe the old guy is wrong for this new Republican Party.

- - -

Kimberley Strassel:
South Carolina's Jim DeMint is offering his party its first opportunity to prove it meant what it said, by offering up a moratorium on Republican senators' earmarks. Fifteen GOP senators—including six senators-elect—are co-sponsoring the ban, which will get its vote on Tuesday. At least 13 Senate Republicans—spearheaded by Minority Leader Mitch McConnell and Sen. Jim Inhofe—are going to the mat to keep the spending privileges. Twenty senators are apparently still mulling over the complex decision of whether to demonstrate some principle.

And so, instead of the GOP leading the debate on spending freezes or ObamaCare, the newspapers and radio programs are filled with Mr. Inhofe declaring an "all out war" against those in his party trying to demonstrate some spending restraint. The Oklahoman, who is looking forward to the upcoming highway spending bill, went further to lament that so many Americans have become "brainwashed" on the earmark issue. That's it. Blame the voters. It worked so well for Democrats.
The lesson learned by most in the election(s) of 2010 seems to be lost on the old, gray fossils of the Republican Party. Time to go, fellas.

- - -

See also "The War Is Far From Won."