I am so proud of our little SSN. During all the turmoil that is being caused by the Tea Baggers in our country here SSN share price stays long and strong.
If you are also so proud of SSN let me know.
Goldie if you want to, you can always give the Government a donation to help bring the deficit down. Since we all know you want more Government this is a great program for you.
NEW YORK (CNNMoney.com) -- You've probably heard about the country's giant debt load - $12 trillion and rising.
Did you know you can help reduce it?
How much would you contribute to pay down the debt, a little-known law enacted in 1961, Uncle Sam accepts tax-deductible contributions to pay down the country's debt.
Not that the Treasury Department does much to publicize the program.
You can find it under the header "Accepting Gifts" in the U.S. Code. Or, if you're not an avid reader of dusty legal books, you can check the FAQ section on the Web site of the Bureau of Public Debt, an agency within Treasury. Or flip to page 91 of the IRS' 2009 Instruction Booklet for Form 1040.
Contributions made are typically small -- under $100. But there have been a few humdingers over the years.
The largest single gift ever made was in 1992 for $3.5 million, said Mckayla Braden, a spokesperson for the Bureau of the Public Debt.
For fiscal year 2009, all donations totaled just over $3 million. That's well more than what was donated in any single year in the decade prior. But it's far less than the nearly $21 million collected in 1994.
The money credited to the "Gifts to Reduce the Public Debt" account in theory reduces the amount of money the government has to borrow to finance its debt. But the dent is not deep or lasting.
"We might have to finance a tiny bit less that week," Braden said.
The nuts and bolts
So who are the folks who send Uncle Sam money of their own volition?
"Usually someone dies and leaves a gift. And many contribute regularly," Braden said. "On average, we get five donations a week."
I would be happy if the government just could account for all the money it takes in. I remember 3 or 4 years ago when the pentagon or CIA could not account for 5 billion dollars lost in Iraq. IMHO some one should have gone to jail on that screw up. But then no one every goes to jail in the government, because the person they are trying to convict might know some thing about them.
Goldie just thought I'd extend this invitation for you and any Samson shareholders to visit us in Hawaii next summer with my Aussie buds over on the North Shore to check out the Bonzai Pipeline. Bring your board. And reserve your own room separately. SSN will be $9 per share by then so sell some and come out to see who you are biching at in person. Aloha...
Andy thank you for your invitation to your Tea Bagger get-together in Hawaii next summer. It is with deep regret Goldie will not be able to make it. Reason being I like to drink while I am on vacation. Drinking around people I hate like Tea Baggers might cause me to get weak and get in fist fights and hurt a few of you guys who carry signs saying "we earned our beneifts"
I think I will stay home