There’s No One To Tax. Remember “tax the rich”. No more rich. Now all the formerly rich will claim they were all in on the Mad Mad Mad Madoff schemes. They’ll all claim they lost a fortune. And in their particular case; yes, a fortune was lost. These are people who do not invest at the $5,000 or the $10,000 level: they invest at the fortune level. Trying out something; sampling something: Oh no, they have to do things Big Time. It’s more of a Jump On The Band Wagon mentality rather than Thoughtful Analysis. So now the New In-coming Administration of Dummycrats, Dopeycrats as well as Democrats will have no Rich to tax. The Rich just joined the group of Everyone Else.
The In-coming Administration cannot go to Wall Street to find an honest man to proclaim how wonderful are the new sagacious, perceptive, intelligent monetary policies and tax structure to be put into play. All you can find on Wall Street nowadays are the lying, cheating, stealing, thieving, conniving, under-handed, over-bearing, two-timing, double-crossing, back-stabbing, cut-throats who inhabit Wall Street. Making an honest living and working on Wall Street do not go together.
Who of the “Working Class” is going to trust somebody from Wall Street? Without Confidence, no one will chance INVESTING. Without Trust, no one will chance INVESTING. The average person has been taken for a FOOL; well don’t think we can be taken AGAIN. They only wanted to sell to the wealthy. We were just a bunch of schmegeggies. What the wealthy were discarding, we were supposed to be out there buying? Did you notice how past advertisements spoke about Risk Management. Well now we learn it was a thief who took no risk at all, no risk whatsoever, but who managed to take our hard-earned MONEY who was the one billed as a Risk Management Expert. Only Experts were available to take our money. Is this what the prestigious schools produced? What did they study? Thievery? Stealing 101? “How to Thoroughly Wipe Out the Investor”? “What to say while the person is writing out the Check – Oh, I’ll fill that in; you just sign where I make the X”. And those are the schools that want to raise tuition. I don’t think they know how to spell Ethics; I don’t think they have professors who can teach the subject. I don’t think they can offer EXAMPLES for discussion. Ethics and Conscience. Recognizing Right and Wrong. Maybe the schools should give back money too. Like a lot of money. They are not the bastions of High Learning. What these thieves learned is strictly for low-lifes.
So now the formerly rich who all jumped on the band wagon are out big bucks. They didn’t want to be left out. Their buddies bought in; so they HAD to buy in. Why should the other guy make money and they should be left out? They bought in WITHOUT QUESTION. They never studied the material presented to them. They never VERIFIED. They never Investigated. So now it’s time to pay the piper. But WE, WE THE PEOPLE, are the ones who suffer for this. WE, WE THE PEOPLE, are the innocent victims. IF the rich don’t have money for the New Administration to Tax, then who does? WHO is going to pay for all these New Administration programs that require TAX DOLLARS?
But onto Spreading the Wealth. Spreading the Wealth is a STATIC economic component. There are DYNAMICS and STATICS. And Spreading the Wealth is a STATIC. Wealth is measured at one moment in time; a determined, finite number is established. And then the recipients are selected (by the authorities); and the finite number of Total Wealth is to be divided and spread out among the recipients. The authorities determine the mathematical formula. This formula means that those who are receiving the wealth are incapable of producing their own wealth. They are not creative people; they have no ambition; they have no imagination; they see no economic opportunities. They are just sitting around waiting to see what they can GET. The people who had the wealth to begin with are now worried how are they going to get NEW wealth. If they are old now and they got wealthy when they were younger, do they have the vitality to make NEW wealth? Do they have the strength? Is the same opportunity, same economic condition existing today as existed when they first became wealthy? OR have times changed? Maybe they inherited the money. If they inherited the money, that’s a one time event. They can never get that money again. Have you ever noticed how the first guy who made the money passes it along to family who squander the money? Have you ever noticed how many stupid people there are out there who inherit money? If they had to do it all on their own, they’d flop. So the wealthy have to worry about money being taxed away from them. Once the money is gone, once it’s out of their hands, they cannot replace it. So Spreading the Wealth diminishes wealthy people’s amount of wealth. They become poorer; just like the rest of us.
So there is NO One To Tax.
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Nice Site layout for your blog. I am looking forward to reading more from you.
Tom Humes
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
I love this article. Makes the reasonable thinking person think, I hope.
Look forward to hearing more from Cheryl!
I submitted this on the behalf of Cheryl NJ…. she wrote the article, not I!
I'd delete the article and resubmit but it's already gotten tons of hits so I just need to make this point.