Beer Cans

news:48Pwg.71250$ snipped-for-privacy@newssvr12.news.prodigy.com...

But, if you had purchased $1,000.00 worth of Beer > one year ago, drank all the beer, > then turned in the cans for the aluminum recycling > REFUND, you would have had $214.00 > > Based on the above, current investment advice is to > drink heavily and recycle. It's called the 401-Keg Plan.

I'm not sure what state/jurisdiction the original poster is referring to, but here in California, the above is simply false. Why? In CA, you have to pay a $0.04 deposit on every aluminum can that you "purchase" from the grocery store, liquor store, etc. So, in the above example, you'd be getting your $214 BACK (as mentioned in the "refund" statement, although I think the original poster meant to say "rebate", not "refund" (or something like that).

This would have been the original $214 that you paid IN ADDITION to the price you pay in the store. So, sure, you'd have that money in your pocket once you've taken the cans to the recycler, but you're getting it pack since you already paid for it. Kind of like a core charge when you go an buy a new battery.

Gonz (And, in fact, some of the vodka I've had in my like tasted like it came out of a car battery.)