Comments by Bobby Tony | Eastern NC Now

I admit I too am fond of cliques.

Commented: Wednesday, September 16th, 2015 @ 9:02 am By: Bobby Tony

GS, I was not aware I altered you statement, I thought I was just putting in into a factual context. You asked to see the IRS books and I complied with your request. It's the adjectives that lead us astray of the facts.

Commented: Tuesday, September 15th, 2015 @ 8:20 pm By: Bobby Tony

GS, Just some advice, refrain from making blanket statements that can be disproved with about three mouse clicks.
Most people keep two sets of books as well, even if they do not realize it. The two methods of accounting are Cash Accounting and Accrual Accounting.
When you go out to eat and pay cash you are On the Cash method. If you charge the meal you are on the Accrual method. If you do both in the same month, you are keeping two sets of books. The cash you spent and the Liability you incurred to be paid for later.
Companies are no different
One set of books is for the financial statements that are prepared according to GAAP (generally accepted accounting principles). The other set is the books they keep to pay their taxes to the IRS. The net result is the same after all is said and done and Depreciated assets are disposed of.
The government, it turns out, does not much care for “generally accepted” and is often only concerned with what actually happened. It usually does not want to hear about “estimates.” GAAP, on the other hand, actually requires management to make estimates of both revenues and expenses all the time.
Here is the extract of the audited financials.
Since I know you are too busy to read the whole 68-page report, I direct you to page 41. For 2015 the federal taxes paid is $8,169,000,000. In addition, you may note the two previous years. That is actual money spent. Their effective tax rate is 32.2%.(page 55).

Beaufort County Community College offers an Accounting Fundamentals course for $70. I would offer to pay for your tuition for this one course, but I no longer have confidence that you would learn anything.
The picture may not be too clear but the data is correct

Commented: Tuesday, September 15th, 2015 @ 1:14 pm By: Bobby Tony

"It is almost as good a the Walmart way of not paying a penny in Federal Taxes and hiding their assets and profits from the IRS and Stockholders with their Luxembourg Shell Corps formed in the last 2 years! Gene Scarborough"


From YAHOO FINANCE Walmart Income Statement
Numbers in thousands
Walmart paid $7,985,000,000 in Federal taxes in 2015
That is Billion not Million
They also took advantage of legal loopholes, so let us just be honest in our hyperbole.

Commented: Monday, September 14th, 2015 @ 9:11 am By: Bobby Tony

Stan,
I was imprecise in my comment, I guess. Opposed is probably not the correct word, my own angst was for those who would be sent there and the suffering that I suspected they would endure and not an evaluation of the facts or political motives fostered it. I have been working on my "Grandpa Diaries" about my RVN experience and was probably overly provoked by one of the asinine comments.
Interestingly enough, I think Vietnam was a noble war for noble reasons, which was poorly executed by micro management of politicians. The massacre of those left behind is proof enough for me in addition to the many Vietnamese I have met here who have thanked me when they found out I was there. It was not my war but America's war, which I was privileged to participate in. One of the few things that angers me now is the revisionist theories about our greed and plunder of the country for financial gain.
I have broken my own advice about commenting on post, so I will leave it as it is. I trust that the readers of BCN are astute enough to separate fact from fiction even if some of us posters and commenters can't.

Commented: Sunday, September 13th, 2015 @ 10:43 am By: Bobby Tony

Strike three, back to the dugout, you're out.

Osama bin Laden
en.wikipedia.org
"There is no universally accepted standard for transliterating Arabic words and Arabic names into English;[17] however, bin Laden's name is most frequently rendered "Osama bin Laden". The FBI and Central Intelligence Agency (CIA), as well as other U.S. governmental agencies, have used either "Usama bin Laden" or "Usama bin Ladin". Less common renderings include "Ussamah bin Ladin" and, in the French-language media, "Oussama ben Laden". Other spellings include "Binladen" or, as used by his family in the West, "Binladin". The decapitalization of bin is based on the convention of leaving short prepositions, articles, and patronymics uncapitalized in surnames; the nasab bin means "son of". The spellings with o and e come from a Persian-influenced pronunciation also used in Afghanistan, where bin Laden spent many years.
Osama bin Laden's full name, Osama bin Mohammed bin Awad bin Laden, means "Osama, son of Mohammed, son of Awad, son of Laden". "Mohammed" refers to bin Laden's father Mohammed bin Laden; "Awad" refers to his grandfather, Awad bin Aboud bin Laden, a Kindite Hadhrami tribesman; "Laden" refers not to bin Laden's great-grandfather, who was named Aboud, but to a more distant ancestor.
The Arabic linguistic convention would be to refer to him as "Osama" or "Osama bin Laden", not "bin Laden" alone, as "bin Laden" is a patronymic, not a surname in the Western manner. According to bin Laden's son Omar bin Laden, the family's hereditary surname is "al-Qahtani" (Arabic: القحطاني‎, āl-Qaḥṭānī, but bin Laden's father Mohammed bin Laden never officially registered the name.[18]
Osama bin Laden had also assumed the kunyah "Abū 'Abdāllāh" ("father of Abdallah"). His admirers have referred to him by several nicknames, including the "Prince" or "Emir" (الأمير, al-Amīr), the "Sheik" (الشيخ, aš-Šaykh), the "Jihadist Sheik" or "Sheik al-Mujahid" (شيخ المجاهد, Šaykh al-Mujāhid), "Hajj" (حج, Ḥajj), and the "Director".[19] The word usāmah (أسامة means "lion",[20] earning him the nicknames "Lion" and "Lion Sheik".[21]"

Commented: Sunday, September 13th, 2015 @ 8:59 am By: Bobby Tony

The Facts:

Records show that there was no shoot-down order in effect for Flight 93 because of garbled communications between agencies. When the plane crashed, the defense command was still unaware it had been hijacked.

no stand down order??
www.washingtonpost.com

Commented: Sunday, September 13th, 2015 @ 8:42 am By: Bobby Tony

Commented: Saturday, September 12th, 2015 @ 12:35 pm By: Bobby Tony

Here is an update on the above post which reflects some new developments.

beaufortcountynow.com

Commented: Friday, September 11th, 2015 @ 7:59 pm By: Bobby Tony

While this is technically not areplacement of jobs by automation, it shows the trend of automation affecting almost everything in today's society.
www.youtube-nocookie.com

Commented: Wednesday, August 26th, 2015 @ 9:31 am By: Bobby Tony

Here is a slight correction. From the picture you can see there are 15 floors and not 16, but there was no 13th floor numbered. The hotel has been renovated and is now called the Ellis Hotel see this link for more information.
www.ellishotel.com

Commented: Friday, August 21st, 2015 @ 10:01 am By: Bobby Tony

Now, see how easy that was no name-calling no stamps no other discussion required a reasoned presentation based on some fact, some opinion, and leaving it for the others to make a decision. Thanks.

Commented: Sunday, August 16th, 2015 @ 8:03 am By: Bobby Tony

Now, that is what I am talking about. I never really got to know him but he was a true character. Good story Ted and under 80 word max.

Commented: Saturday, August 15th, 2015 @ 6:42 am By: Bobby Tony

It is funny how I cannot remember what I had for dinner yesterday but:
Left to right, Unknown, Mac Seay, Bill Hauser, Dale Finney, Gary Asher, Rafeal Ontaviarous, Unkown, Back Doc Murry
All made it back to the world.

Commented: Friday, August 14th, 2015 @ 3:00 am By: Bobby Tony

Agreed, for a moment there I had a "Liberal Mushy Moment". It will pass I hope.

Commented: Thursday, August 13th, 2015 @ 10:22 am By: Bobby Tony

I am confused again. What is the meaning of "is".

And, Old Honest Abe was one of the worse abusers of the constitution.
www.usnews.com

Commented: Thursday, August 13th, 2015 @ 9:21 am By: Bobby Tony

TMAC,
As luck would have, I have a story about Deliverance, but SD has limited me to 12 post per day. It was filmed in Clayton Ga

Commented: Tuesday, August 11th, 2015 @ 2:54 pm By: Bobby Tony