« "The Way We Get By" Trailer | Main | Overmorning Open Bacon Thread (genghis) »
June 26, 2009

Overnight Open Thread – Bottoms Up! (or, “How to Drink Your Way to Economic Recovery”) (genghis)

Ok, at first glance, I can get behind this (the drinking more part), but as with any government “revenue enhancement” plan the devil is in the details.

OLYMPIA, Wash. (AP) - It's as predictable as a hangover: In hard economic times, governments reach for the hard stuff, jacking up liquor taxes and loosening "blue laws" to siphon money from America's most ubiquitous vice. Booze prices are on the rise from Kentucky to Oregon, and lawmakers in nine states have considered tossing their prohibition on Sunday liquor sales this year. On the federal level, a higher alcohol tax has been mentioned as a possible moneymaker for national health care reform. But in Washington state, officials are going a bit further. Staring down a massive budget deficit, the state Legislature has uncorked one of the country's most aggressive attempts to capitalize on liquor sales.”

“State officials hope to make about $16 million from the new sales projects, which seem likely to draw cheers from consumers.”

But as with everything they’ve got their sticky little fingers in (besides the increased taxes) there’s always a downside (and I doubt any of us will be out in the yard doing somersaults or cheering about that, and not just because we’re sloshed. Which we are.)
”But there's bad news as well: Regulators have increased the profit "markup" imposed by the state, which adds costs on top of the sales and liquor taxes consumers already pay. The surcharge is expected to raise about $80 million over two years, replacing money that lawmakers raided from a liquor fund to balance the state budget. It takes effect Aug. 1, adding about $3.70 to the price of a bottle of premium whiskey. The national distillers' lobby has angrily criticized the markup as a "stealth tax increase" on liquor, and warns that higher prices could cost jobs in the hospitality sector. Recession-pinched consumers will also notice, and could try to go around the state's price hikes, said Paul Clarke, a Seattle-based writer and cocktail enthusiast who blogs at cocktailchronicles.com.”

“Criticism of the state's new liquor plans is also coming from grocery stores, which must compete with state-run liquor stores on profitable sales of beer and wine. Jan Gee, president of the independent grocers' Washington Food Industry lobbying group, said that makes the Liquor Control Board "a monster of two heads: Our regulator and our primary competitor."

Mr. Gee sounds like an alarmist to me (and possibly a dirty Scandi as well.) What could possibly go wrong with this plan?

Tonight’s overnight thread is sponsored by the Sarychev Volcano located in the Kuril Islands, which may or may not be Russian territory, depending on who you ask. The pic was taken from the ISS on June 12th. More info about this photo can be found here along with a couple more links to NASA about it including a vid.

When asked about the eruption Sarychev responded ”Hey Krakatoa! You talk some big shit, but can you do this? Time for you to hang it up and write your memoirs or something. Don't make me go all Vesuvius on your ass”

Notice: Posted by permission of AceCorp LLC. Please e-mail overnight open thread tips to xgenghisx@gmail.com. Otherwise send tips to Ace.

digg this
posted by xgenghisx at 10:23 PM

| Access Comments

Recent Comments
davidt: "Cage was good in the odd Bringing Out the Dead. ..."

bear with asymmetrical balls: "My favorite Lovecraftian movie is Silver Linings P ..."

hogmartin: "[i]tekeli-li Posted by: grognard at January 20, 2 ..."

JackStraw: "DOJ not FBI ..."

Tom Servo: "The Devil? On Oak Island? Posted by: History Chan ..."

Anonosaurus Wrecks, Tyrannosaur Wrangler: "AOC: Democrats are center-conservative and believe ..."

grognard: "tekeli-li ..."

Mose: "And when talking about government spending, try to ..."

hogmartin: "[i]Imagine the shoggoths as a sphere. . . Posted ..."

JackStraw: ">>I hope this includes the IG for the intel commun ..."

redridinghood: "The Biden 5: Hunter James Frank Ashley Vale ..."

RNB: "'The Colour Out of Space' has essentially the same ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64