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To: Enigma who wrote (44752)11/8/1999 10:31:00 AM
From: long-gone  Respond to of 116791
 
While on the general topic of monetary spin:
A Ride in the IRS Taxi
by Sunni Maravillosa
As if the public school system isn't proof enough that the United States federal government officials are working hard to indoctrinate young people with their collectivist mindset, the Internal Revenue Service has really provided the last straw. It's a beauty, too?a more blatant propaganda than one usually finds. The IRS has developed an "online interactive web site", Taxi (http://www.irs.gov/taxi/), that is targeted at teens. Slickly presented, with eye- catching graphics and the latest slang, the goal of the site seems to be to make taxes cool.

Taxi works very hard at that goal, with examples that are intended to appeal to teens, and an informal, conversational style that belies the seriousness of the IRS message: You vill pay zese taxes, und you vill like it! While browsing it, I wondered to what degree teenagers?an already naturally suspicious group?will accept the slanted presentation. I remember being particularly cautious(cont)
zolatimes.com



To: Enigma who wrote (44752)11/8/1999 6:40:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 116791
 
Correction, you substituted a hyperbole for a hypothetical. You make references to me being presumptive, yet, knowing little about me, you announce my visit to Europe included the hash houses of Amsterdam, you refer to me as a day trader because of my reference to intraday data. Unfortunately your most presumptive references were reserved for the hedgers who will shine as the eps and balance sheets improve because of the quaranteed price they will receive for gold. Barrick by this account should have been a very successful investment since 1993. They have increase reserves, production, and have locked in relatively high prices for a substantial part of their production. Why then is barrick trading at its 1993 price.
You cannot give an answer, but you can provide your hackneyed mantra of hedging = rising cash flow and profit = rising share price.
Your lack of sophistication exposes you as an investor with skills comparable to a bingo player.

Ken