The Dumbbell's Dictionary HTML version
Syzygy, n. The alignment of the eight innermost planets of our solar system in a straight
line, on the plane of the ecliptic, projecting from the sun. Doesn’t happen very often, but
supposedly is the precursor of some immense astronomical event.
John Tain, n. Author of „Money Masters of Our Time,’ says it pretty well: „Information is
not knowledge, and knowledge is not wisdom.’
„Take Off Your Dancing Shoes, v. Why?
Takeitoffame, n. Sex-change operation that supposedly makes a woman out of a man.
Takings, v. In 1964, Johnson told us that he was going to take from the „haves’ and give
to the „have-nots.’ Goldwater reminded us that it was either Santa Clause dreams, or
rolled-up sleeves. One outlook remains to this day, incentives; the other, a lifetime
Tariff of Abominations, n. Early eithteenth century tariff imposed on the Colonies that
was one of the major reasons for their rebellion. I ask, with not tongue in cheek, just a
little about the income tax. In my view, the sixteenth Amendment to the Constitution was
a travesty of justice. It opened the door for Congress to take whatever they deem
expedient from us.
Tarzan, n. Another of my heroes, primarily because he was depicted as a bit smarter than
the gorillas he hung around with.
Taters, n. I have always liked all sorts of preparation of them, except for dictaters.
Tattoo, n. Diminutive elegant gentleman who was Ricardo Montalban’s Man Friday in
the TV series „Fantasy Island.’
Tax the Rich, v. They don’t pay their fair share. I am sick unto death about this kind of
class warfare, but I guess it’s the best that the powers that be can do, inasmuch as they
can no longer foment race warfare. It’s about time we get our facts and figures straight, if
not for ourselves, then at least for our posterity.
Thus: As of 2010, the richest one per cent of Americans paid forty per cent of all capital
gains and income taxes. The top five per cent paid seventy per cent of such taxes. In the
same year, more than half of potential taxpayers paid no federal income taxes. The
federal government could take every income above $250,000 per year at one hundred per
cent, and still not make a dent in this country’s total debt of more than fourteen trillion. It
bears remembering that the government that taxes Peter to pay Paul can always depend
on Paul’s vote. Sad to say, but we are all rapidly becoming subjects of the Nanny State.
Taxation Versus Spending, n. In a recent essay, economist Walter Williams gives us
some sets of figures worth pondering and remembering, as follows. “The president and
his supporters call for tax increases as a means to cover the deficit, but higher taxes
cannot eliminate the deficit. Controlling for inflation, federal tax revenue today is 23
times greater than it was in 1960, but congressional spending is 42 times greater. During
the last half century, except for five years, every year the nation has faced national budget