Honda Generators

And the courts can and do tell the IRS to get lost.

At least one of the early units was in constant use over 30 years by NASA, and had never been serviced. That was in 2000. It may still be in use, but I no longer work there to find out.

My IQ. You're the idiot who can't even write a simple English sentence. What a moron.

The next couple of decades may well be bad but it won't have anything to do with the govt being insolvent.

It is the private sector that borrowed way too much money.

From 1998-2008 the US private sector borrowed $25 trillion. The total GDP for that same period was about $100 trillion. The private sector borrowed and spent 25% of GDP for 10 years. And what did we get from this - not much. GDP only increased by $4 trillion. So for every $6 dollars that the private sector borrowed there was only $1 in increased productivity. So where did the rest of the money go? It went into inflating financial assets ( that's what people call capital gains).

So now we have the private markets paralyzed by enormous private sector debt balanced against grossly over-inflated capital assets. In other words, the recipe for a depression.

The only thing preventing the depression is the $1+ trillion per year that the federal govt is spending more than it taxes.

When Congress tries to balance the budget the depression will commence in full.

And during this depression the solvency of the federal govt will not be an issue, but the solvency of millions of US businesses and households will become a huge issue.

Until rates start to go back up as they inevitably will eventually. THEN we'll talk about interest rates under Pres. O.

Ad valorem is just latin for property tax. I would suspect that most states with property taxes have some sort of tax on this type of things. Some even on inventory.

I repaired a bunch of old Tektronix TDR's that had the cute little chart recorder modules in them. 1502 and 1503's as I recall. ^_^

TDD

Tektronix equipment was built to be repaired. Until the bean counters took over. Then it was module swaps, and short term support before they are considered scrap. I'd love to have a 2465 series scope, but there are several high failure rate parts that are only availible form a donor unit. Kind of like putting old, bald tires on a car an hoping for another 100 miles. :(

Have you ever seen any of the Sony/Tektronix equipment? Oddball, Japanese built things like the 324 scope?

You can't even buy a power cord for them.

The Founding Fathers (olde dead white guys) understood tyranny and the necessity for citizens to resist any government that wished to turn them into subjects. I seem to recall from my reading on the matter, the average farmer at the time had a rifle that was superior to what a soldier carried. Most people have no understanding of "why" there is a Second Amendment and why it's at the top of The Bill of Rights. O_o

TDD

I'm disappointed when otherwise intelligent people seem to support socialism, and tyranny.

I didn't mention it, maybe next time. But one of my church's seminary teachers has two O'Bomb Us 2012 bumper stickers on the back of her Suburban. She is responsible for helping educate our teenagers.

Christopher A. Young Learn more about Jesus

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The Founding Fathers (olde dead white guys) understood tyranny and the necessity for citizens to resist any government that wished to turn them into subjects. I seem to recall from my reading on the matter, the average farmer at the time had a rifle that was superior to what a soldier carried. Most people have no understanding of "why" there is a Second Amendment and why it's at the top of The Bill of Rights. O_o

TDD

I find it amusing that felons are prohibited from voting when non-citizens, pets and the dead are allowed to vote. ^_^

TDD

And after all the businesses and households go under where does the government get the money to pay off its debt?

The government hasn't paid off its debt in 200 years and isn't going to. And why would you want it to.

Federal debt is going to continue to grow (with or without a depression) until the private sector is no longer drowning in debt. Just as it did in the last big depression.

The best you can hope for is that the total US debt grows at a rate that is less than GDP. And that has been the case for the last 4 years. That is as good as it gets.

Get reading lessons then if I write above your comprehension. I don't see anyone who disagreed with me say that.

You can't write a simple English sentence. It's not possible for you to write above my comprehension.

Your logic skills are on par with your writing skills. You lefties are that stupid.

It's done around here to businesses and it's silly because the owner paid sales tax on the items when purchased. I think there is something inherently unfair about paying tax on something you already paid tax on and be taxed over and over again on the same item. It's conceivable that if you owned a tool or piece of gear long enough, the total tax you pay could exceed the purchase price of the item. O_o

TDD

LOL

But not after you are financially ruined by legal fees. O_o

TDD

Too many people would line up for free guns, heck, they'll line up for free anything. ^_^

TDD