BBC: So the DJIA decided to go high diving yesterday, losing 416 points. After something like this some people (cough .. Dad) think we have to start selling, whereas I like to buy on days like this. So I am going to coin a new phrase: “Buy Low, Sell High”. Wait that seems familiar…
Archive for February, 2007
Something I have never quite understood about the American way of life is the way we handle our taxes. I remember before I emigrated here, I saw a episode of the Simpons when Homer was late in filing his tax return. The hilarious antics portrayed by that american icon while he proceeded to attempt to file his taxes on time had me rolling in laughter (as is usually the case with Homer). What I didn’t realize was this was actually what happens to many americans every year!
Just after I moved here I noticed so many people using the phrase “thats a write off”. I was at first puzzled as to what they meant, and could not fathom the complexity of a tax code that had introduced such accountant vocabulary into everyday life. It was not until my first Tax Return did I truly appreciate the magnitude of the mess that constitutes the United States Tax Code. I was, and continue to be, amazed by the many avenues and methods people use to avoid paying money to Uncle Sam.
Very interestingly this is very similar to a plot of one of my favorite books A Skeleton in God’s Closet by Paul L. Maier.
There is a new movie coming out all about the life and times of the British great anti-slavery hero William Wilberforce. The movie “Amazing Grace” is out in some theatres now, and I want to see it soon, however such films do not get distributed to as many theatres as a big blockbuster.
The movie revolves around Wilberforce’s efforts to ban the slave trade, and slavery in general, which Britain had been a major participant in. He eventually succeeded in his efforts. This guy is up there with Abraham Lincoln in my opinion.