Insertions

How does it feel, to have THIS MAN insert his designs on upon you? You see, in the quiet of the night, he made three *er* “itty-bitty” insertions. And they were so fast and hidden that hardly anyone did notice. Yet, when the product of these insertions is fully gestated, the resulting pain will be deeply felt by all. Bring out The Gimp! For we all have a collective date with pain starting on January 1st 2012.

You might ask yourself: BOQ what in the helk are you talking about?

What I’m saying is this… Out of the 384,000 words that comprise Obamacare, Congress inserted nine (9) innocuous looking words. These “harmless” words were arranged into three little lines, inside one little section amongst the 10,800 Sections that make up this legislative abomination. In the forced rush to pass this legislation, who would pay attention to these three little insertions, much less appreciate the havoc that they will create in all of us.

And the words, BOQ; what are those words?

1) amounts in consideration for property,

2) gross proceeds, and

3) gross proceeds.


Three quiet insertions in deed.

Section 9006 of H.R. 3590 reads in full:

SEC. 9006. EXPANSION OF INFORMATION REPORTING REQUIREMENTS.

(a) IN GENERAL.—Section 6041 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsections:

‘‘(h) APPLICATION TO CORPORATIONS.—Not withstanding any regulation prescribed by the Secretary before the date of the enactment of this subsection, for purposes of this section the term ‘person’ includes any corporation that is not an organization exempt from tax under section 501(a).

‘‘(i) REGULATIONS.—The Secretary may prescribe such regulations and other guidance as may be appropriate or necessary to carry out the purposes of this section, including rules to prevent duplicative reporting of transactions.’’.

(b) PAYMENTS FOR PROPERTY AND OTHER GROSS PROCEEDS.—

Subsection (a) of section 6041 of the Internal Revenue Code of 1986 is amended—

(1) by inserting ‘‘amounts in consideration for property,’’ after ‘‘wages,’’,

(2) by inserting ‘‘gross proceeds,’’ after ‘‘emoluments, or other’’, and

(3) by inserting ‘‘gross proceeds,’’ after ‘‘setting forth the amount of such’’.

(c) EFFECTIVE DATE.—The amendments made by this section shall apply to payments made after December 31, 2011.

To fully understand its impact in all of us one has to go to Section 6041 of the Internal Revenue Code, and chase down their meaning.

Down The Rabbit’s Hutch we go…

After New Years 2012 Section 6041 will read in part:

All persons engaged in a trade or business and making payment in the course of such trade or business to another person, of rent, salaries, wages, amounts in consideration for property, premiums, annuities, compensations, remunerations, emoluments, or other gross proceeds, fixed or determinable gains, profits, and income… of $600 or more in any taxable year… shall render a true and accurate return to the Secretary.

Currently Sec 6041 requires any for profit person to submit and itemize to the IRS a Form 1099 to register certain business transactions as wages, rents, premiums, etc. Starting on 2012 it will include any and all sales between businesses whose amount is over the $600 - Every single sale, PERIOD.

On behalf of all Americans, Barney, I must say: Thank-you for your insertions!!!

Boq

Gaia's Heebie-Jeebies

hmmmm-Maaah- MAAAHH-MAGH-GHAAH-Gaghh-gagah

That's how I can best describe the groan that Mother Earth uttered this morning. My bed shook as I hear another set of sounds:

SCREEEE! Flap-flap-flap Thunk!

Not only did Gaia wake me from my slumber, but it freaked MY BIRD out of his mind. I get out of bed, fetch the bird up from the darkened room, and put him up back on his perch.

I get back in bed and notice that the clock reads 0505hrs. I try to go back to sleep, and wonder why did we just shake this morning, and the thought occurs to me:

You know the feeling you get when you are overwhelmed with the "Heebie-Jeebies"? That chill that goes up your spine and makes you shudder in repulsion? Well, over DC Land this morning, Mother Earth just had the heebie-jeebies.

You see, after so many promises by The Golden Child in which he declaimed:

... and then watching as he obstructed every effort to cap the Gusher in the Gulf of Mexico, I could almost hear her say:

"**SHUDDER**" After so high rhetoric, Barrack, and it took you 90-Days to plug that hole?

Boq

New Jersey's CAP 2.5

New Jersey's Governor Christie has proposed a state-wide plebiscite to cap property tax to a yearly increase of no more than 2.5%. The proposal is is being referred as CAP 2.5.

Never mind that he's not asking for a freeze in the increase, he is just making a modest proposal to cap it at 2.5. The usual suspects have gathered in force to crush this modest reform:



Let's sample some of the vitriol pointed his way (Video not apt for those with high blood pressure) :

Let's feast our eyes, and watch the Gov. shift his weight around. Oh yeah!



Boq

Close Call At DCA

This morning, there was a close call at Washington National Airport. The GA Corps sure did put in some extra hours, today. How about seeing it from the point of view of the cockpit?



Boq

Pizza Nazi

We all know the old line from the Soup Nazi "No Soup For You":



Well a restaurant near Lynchburg Virginia, who happens to be owned by an adherent of the Religion of Pieces, has garnered himself the title Pizza Nazi. The Crime for no service in his establishment?



Boq

Dial Soap For A Pig Pile

I need for you all to go and buy yourselves some Dial Soap. Yes GO, and get you, yourself a bar of that golden Arizonan suds, and help clean the smears off that beautiful state.

The Liberals are busy pig-piling their fecal preconceptions upon The Grand Canyon State, and we need to wipe clean that stench-off

Let's take a quick tour around the hysteria that grips Liberal-Occupied jurisdictions across this country:

Boston

The self important District of Columbia



... You get the point, the crap is piling high and deep.

However, by actively buying Arizona products, we can all do our small part in helping right a wrong. You see, Dial Soap is proudly made by the good people of Scottsdale. There are other businesses that are based in The Great Copper State. Pet Smart, USAirways, UHaul, Best Western and Cold Stone Creamery amongst others.

It is a pitty that I can't legally own an M134 MiniGun, for it is also made with pride in Scottsdale. Dillon Aero makes such a purddy little thing:

(Go ahead - Click on the image)

Of course you can also plan your next vacation in that great state. How about Sedona, or The Grand Canyon, or Monument Valley. It trully is a beautiful state.

Please go to http://standwitharizona.org/splash.php, log-in and register. Can I count on you to help clean-up this mess?

Boq

All Your Health R Belong to US

Legal Notice: (Neither The President, the First Family, or the White House approve nor endorse this non-political commentary. Expressions made herein implicitly or explicitly is strictly that of Citizen Boquisucio).

Boq

Trololó Twins

Going around the Internet, is the newly rediscovered Trololó Man. Properly known as Edward Hill, a Russian bard from the 1970's.

But I can´t help but notice, the strong resemblance with this other man:

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Are they one in the same, or separated at birth, I wonder. Either way, it would help explain many things about that quirky Ohio Congressman. Any ideas out there, on how to explain this conundrum?

Boq

It all came out in the end

Carbon Credit Cha-Cha

Our President made us a promise:

Coal burning power plants better pay-up or go out of business. At his behest, The House of Representatives passed the Waxed-Malarkey Bill. The Senate, on the other hand has stuck this bill into the recesses of their dusty shelves. To this legislative inaction, our President is moving to implement Cap and Trade by regulatory fiat.

First up is the Director of the EPA announcing an Endangerment Finding, declaring Carbon Dioxide emissions a pollutant to our environment. Furthermore, it has issued a REQUIREMENT dictating that large industrial facilities that emit at least 25,000 tons of Green House Gases a year will be severely restricted (i.e. regulated and taxed to death, implied).

Well, what is a large Coal Burning Power Plant or large Coke Burning Steel Mill to do? Roll over and die? Nah - Just take a page out of the Puerto Rican Sugar Industry, and dance.

You see, at that time Sugar was King in the Island. Growing it for the ravenous U.S. market required thousands upon thousands of acres. The Social Democrats in government (as all socialists do), resented that the Sugar Industry had gobbled-up all of the acreage for itself and its production. What do they do? In 1941 they passed a law limiting to 500 acres, the amount of land that anyone could own. Did Big Sugar roll over and crumble? Oh Noes! It created a series of paper companies who's sole purpose was to hold title of no more than 500 acres of land. In the Land Registry, all of these paper companies all of a sudden became next door neighbors, and Sugar kept growing upon the land UNIMPEDED (pictures in the above links are of the industry in 1940).

Flash forward to today, the EPA is ready at the hammer to punish energy producers far and wide. If our President and his gaggle of Eco-chondriacs want to run power companies out of business, I say let's do it. Power Companies must adapt and get out of this business. This is my modest proposal.

Let's take Kansas City Power and Light Company KCP&L, for example. As of today, they must pump thousands of tons of Carbon Dioxide into the air. As it stands they are hunkering down to getting walloped for every ton of CO₂ that they produce above 25K Tons. I do not know what their real output really is, but for sake of argument let's say that they currently belch out 40K Tons.

What if KCP&L becomes a holding company, and it allows a plethora of companies to form under its sheltering umbrella as follows

A) Company Alfa: In charge of distribution and customer service,

B) Company Zulu: Owner of the physical power plant,

C) Company Bravo: In charge of 1/2 of power production,

D) Company Sierra: In charge of 1/2 of power production.

KCP&L is just the plain repository upon which the ownership of all of these "independent" companies are parked. Thus, it does not pollute.

-Company Alfa (distribution and customer service) does not emit a single molecule of carbon.

-Company Zulu only owns the inert machinery of the power plant (i.e. railroad siding, elevator, furnace, generator, etc) The machines by themselves do not pollute. It is only the burning of the coal that does.

Which brings us to Companies Bravo and Sierra. Company Bravo is in production only between January and June, and Company Sierra from July through December. They both lease the physical plant from Company Zulu for six months out of a year. Personnel running the power plant become contract workers, with 6-month terms. They immediately get "rehired" upon being "dismissed" every June and December. Each company only produces 20K Tons of CO₂. To boot, they can even sell their 5 remaining Tons as Credits to AlGore's Carbon Shakedown Exchange Company!

The above sounds like a lot of Bravo-Sierra, but if that's the way the EPA wants to drum the industry down, that's the B.S. that the industry must dance to.

In the business world today there are many holding companies, which shelter even more "independent' companies. This is done mainly to get around our onerous Tax Code.

For example Sears Holdings Company, shelters:

Sears, Roebuck and Company,
K-Mark,
The Great Indoors,
Land's End,
Structure Men's Clothing and,
Radio Shack.

If this type of corporate structure is good enough with the IRS and its Tax Code, it will be good enough too with the EPA and its Environmental Code. The precedent is already set, all power companies must do is to follow this corporate structure and make their case.


I say: Put on your Carbon Cha-Cha dancing shoes and DANCE!

Boq