Say It Isn’t So, Joe! Wurzelbacher Not A Real $250K Plumber?
Joe The Plumber, aka Joe Wurzelbacher, the Toledo plumber who became the hot topic of the last Presidential debate due to his rope-line confrontation with Barack Obama’s over the Democratic candidate’s tax plan, may not be a plumber, and may not be planning to buy a plumbing business where he will be netting $250,000 a year.
He isn’t in the Toledo Yellow Pages, he isn’t registered to vote and it’s more likely that his existence as a plumber buying a $250K business is as sincere as Sarah Palin asking Joe Biden if she can call him “Joe.”
Isn’t it interesting that Joe is buying a business that is making a profit of exactly $250K, the Obama tax break minimum. If we’re talking a business that is bottom lining at $250K, a standard business acquisition falls into the 4 to 1 investment area, which would call for Joe
is buying a business that is making a profit of exactly $250K, the Obama tax break minimum. A normal business acquisition falls into the 4 to 1 investment area, which would call for Joe to come up with $1,000,000 to purchase his $250K business. If that plumbing business had assets like trucks, equipment and offices, the cost could be far more.
Add to that Wurzelbacher doesn’t appear in the Toledo Yellow Pages listings, yet has been able to put together at least a million to invest, especially in these dire economic times, you begin to wonder whether Joe is a plumber or did someone in the McCain campaign find him in central casting?
Most important, if he is really a plumber, where’ the ass crack?
Update: Seems Joe is registered under another first name, but unless he gets a ton of Republican-based good fortune, he has no where near enough money to acquire a business that nets $250K a year. This seems to be the thought process of many on the right who dream high but actually live in a world where they vote against their own best interest today. There’s nothing wrong with having nice dreams and goals. What is sad is people buying into Republican leaders and their radio cheerleaders who are making zillions preying off those dreams.