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February 28, 2006

Ms. Smith Goes to Washington!

by @ 1:48 pm. Filed under Uncategorized

With an oil fortune on the line, former stripper Anna Nicole Smith encountered a sympathetic audience at the Supreme Court. Several justices said they were concerned that the one-time Playboy Playmate was kept from pursuing a piece of her late husband’s fortune.
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“It’s quite a story,” said Justice Stephen Breyer.
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Smith married oil tycoon J. Howard Marshall II in 1994 when he was 89 and she was a 26-year-old topless dancer in Texas. Marshall died the following year. His fortune has been estimated at as much as $1.6 billion.
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One of his two sons claims he is the only heir. Breyer said there was evidence that the son hired private detectives to keep Smith away from her elderly husband’s bedside.
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Smith’s claim is simple, said Justice David Souter, “just give me the money I would have had.”
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Justices repeatedly referred to the amount of money at stake, and criticized arguments that only a Texas court had jurisdiction to settle the nasty family feud.
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“That’s just not the way our system works,” said Justice Ruth Bader Ginsburg, the only woman justice.
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Marshall showered Smith with $6.6 million in gifts that included two homes, $2.8 million in jewelry and $700,000 in clothes, and she contends that he also promised her half his estate.
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Pierce Marshall said various wills and trusts his father prepared over the years made him the only heir. A federal court ruled in 2002 that Smith was entitled to compensatory and punitive damages because Pierce Marshall altered, destroyed and falsified documents to try to keep her from receiving money from his father’s estate. He denies any wrongdoing, and that decision was thrown out.
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The case is Marshall v. Marshall, 04-1544.
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Source: Baltimore Sun

CBS..Point Shaving Their Poll

by @ 9:46 am. Filed under Uncategorized
CBS headline for it’s latest poll on President Bush claims, George W. Bush now receives the lowest marks of his Presidency, even on fighting terrorism, a measure that has long been his strongest suit. Half of Americans now disapprove of how he is handling that effort, while 43% approve.
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OOPS! A little statistical analysis demonstrates this poll if off the hinges:

A large majority of Republicans still approves of the President’s handling of terrorism, although their approval, like that of all adults, has dropped nine points in the last month, to 78% now. Most Democrats and Independents disapprove.

Well you don’t say? Let’s do our own analysis.

Depending on how the questions were asked it seems the CBS “weighted” this poll to satisfy Bob Schiefer and his cohorts who wish to report bias news by “fixing” the numbers and placing their own spin on the results.

Source: NewsBusters

All In The Family….California Style

by @ 8:13 am. Filed under Politics
Rob Reiner, also known as “Meathead” in the TV sitcom “All In The Family” is now playing Robin Hood with taxpayer money in California. Joining him are many of his Hollywood pals. Reiner’s character was a left-wing nut, anti-war, anti-capitalist buffoon as Archie Bunker’s son-in-law. Unfortunately for California small business Reiner has extended his character into real life scenarios with the “Reiner Initiative.”

Reiner is clueless when it comes to understanding economics. He feels raising taxes will help with pre-school funding but fails to see a reduction in small business re-investment dollars will hurt employment and reduce economic growth. Running a small business requires wearing many hats to succeed but Reiner sees the world through rose colored glasses and a water pipe.

According to CalTax, “The natural growth in California personal income tax revenue that is produced when the California economy grows is substantially greater than any politically viable tax increase that could be enacted. California personal income tax revenue can increase dramatically when public policy changes encourage increased California investment and job growth, particularly job growth in industries with high wage levels.”

Small business is leaving California for the following reasons.

California continues to account for about one-sixth of the overall U.S. economy, and its competitive decline will inevitably hurt everyone. Hollywood’s liberals will discover again that a state with fewer businesses creates fewer jobs and collects fewer taxes.

Also keep in mind, the Hollywood Left unequivocally supports Hillary Clinton. Combine the two and we have an epic economic disaster in the making.



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