Friday, December 10, 2010

Double Brrr

It was only 6 degrees F this morning. Coldest its been all winter.

Thursday, December 9, 2010

English Muffins toast in 6 minutes, used to take 7

Trivia moment. I like my English muffins buttered and then toasted under the broiler. They come out crispier that way, than running them thru the toaster.
Several years experience showed that the muffins came out golden brown if I set the kitchen timer to exactly 7 minutes.
Last couple of days, golden brown has become dark brown with blackened edges. I've backed off to 6 minutes on the kitchen timer to recover the golden brown.
Same oven, same timer, same kitchen, same broiler. Could it be that PSNH has jacked up the voltage coming into the house? I never measured my line voltage so I'd never know if I measured it now. Line voltage anywhere between 110 and 130 is legitimate these days, and stuff that cares about line voltage has electronic regulation built into the product.
Plain old electric ranges don't care. They do run a little hotter if the line voltage is higher, but except for toasting muffins, it doesn't matter.

Nanny state gets into the real nanny business

"They" want to pass a federal law to require "safer" child car seats. "Safer" means rearward facing car seats are mandatory for children up to age FIVE. Speaking as a veteran parent, kids are gonna hate that one. Kids don't mind riding in car seats much, 'cause the seat boosts them up so they can see out the windows. Rear facing seats would retrict the kid's view to the back seat upholstery.
While "they" were at it, "they" want to require infants travel in car seats on airlines. Which would require parents to buy a ticket for infants. Right now, infants under two can travel for free sitting in a parent's lap. Many parents, including yours truly, decide that enduring transcontinental squirming is worth the savings.

Brrr

It was 12 degrees F outside this morning, and the weather folk on the radio are predicting colder for tomorrow. Furnace is working just fine, forty year old Andersen thermopane windows are still tight. An inch of snow fell last night, and the town plow went by at 6 AM to clear it.

Wednesday, December 8, 2010

Zap Zing Pow. Obama takes a hit, on TV

The federal tax dustup is in full view on national TV. Obama is mad, and it shows on TV. He wanted to hike taxes on the upper middle class ($250K). He didn't have the votes to make that happen. He doesn't want to impose a tax hike on the entire country, that would leave us stuck deeper in Great Depression 2.0, and everyone would blame him for that disaster. The Republicans said the only income tax they would accept is no tax hikes for anyone. And they have the votes to make that stick.
So Obama cut a deal, no tax hikes for anyone (good idea) in return for more unemployment payments (mediocre idea). Plus some other tax breaks that I don't fully understand yet, and 35% estate tax with a bigger exemption. The Republicans signed on. The Democrats are furious, they think Obama got rolled.
Obama clearly is mad at everyone. He called the Republicans "hostage takers" which is sorta dumb. After you cut a deal with someone, you don't call them names. He then proceeded to lecture his democrats on the virtues of compromise, which came across as patronizing.
Politics as a blood sport. Can be fun to watch on TV.

Tuesday, December 7, 2010

Estate Taxes (death taxes)

Large estates are mostly family businesses, farms, gas stations, retail stores, truck stops, dry cleaners, restaurants, homebuilders, and dealerships. The deceased's estate is pretty much the business. He may have a few thou in the checking account, a decent house and a nice car, but most of the estate is the business.
So, lets look at things from the standpoint of the business. It's been humming along, employing people, making a profit, getting by. It hasn't been growing 10% a year, its cash flow is on the tight side, but as long as the owner stays alive, it will continue being an asset to the community.
Then something bad happens and the owner dies. The business is willed to the heirs, and all of a sudden, it/they (business/heirs) is/are liable for humongous amounts of estate tax. The heirs don't have that sort of money. Neither does the business. In many cases the business is liquidated to pay the estate taxes, the employees are laid off, and the community looses a local business.
In short, the estate tax, death tax, is a killer of small businesses. Those of us who have operated small businesses know how difficult it can be to keep the doors open. That's tough. Even tougher is starting a business up from scratch. So the liquidated businesses don't grow back. When the estate tax forces them to liquidate, they stay liquidated, and the community looses the employment, the services, the taxes, and the civic support that local businesses provide.
In short, the estate tax anti small business. The really fat fat cats, like Bill Gates and Warren Buffet have foundations and pricey lawyers to keep their fortunes out of the clutches of the government. The estate tax doesn't hit the rich, it hits small business. Estate tax demands that small businesses cough up incredible amounts of money every generation and few small businesses have that sort of money.

Skip the "Dream Act". Grant US citizenship to vets

Anyone who has borne arms the the defense of the United States of America is entitled to US citizenship. I say anyone with an honorable discharge from the armed forces should be granted US citizenship, 'cause you cannot find better citizens anywhere. That "Dream Act" they are talking about sounds kinda complicated, rules about how old the kid was when his parents brought him into the country, how old he is upon discharge. And give credit for going to college, which isn't the same as serving in the military. I say just grant citizenship to all honorable discharged veterans and we will gain a lot of valuable and loyal citizens.