Posted on 12/12/2009 2:08:48 PM PST by TaxPayer2000
Wow coming from a failed newspaper, I am surprised. Maybe just maybe someone realizes how bad off the country is.
It's no mystery to anyone, including moonbats, that the country is bad off.
What's astounding, is that someone at the NY Times read this report that lays out the exact reasons why - and actually published the results!
I feel like I've been stuned with a beeber!
Tax cuts are a lot like spending except with ACTUAL “stimulation” brought about by the freeing up of ACTUAL capital.
I really hate to pose this “what if” question.....but.....
what happens if China:
a) finally and fully realizes that they are about to lose their “”investment”” in America which will also tank their economy,
b) correctly deduces that the USA economy tanking is all deliberate on the part of Zero and his string-handlers and interprets that as an act of war,
c) decides what the hell, what ELSE is there to lose now and really gets pissed....
and NUKES America. Or if not nukes, attacks.
I mean, what’s to stop them? Zero? Hell, he’s not even going to stop the Muslime terrorists if/when they attack. What does China have to lose by attacking America if China has already LOST everything it invested here?
I do not think they would nuke us because consumer wise we are still good customers. But I think goods would be more expensive and they would not loan money to our county again.
I think the hardest hit will be the poor because they will no longer be able to suck off the system.
I am preparing myself so I can go anywhere in the country where there are jobs I am cutting my debt.
I am also making sure I have a good road bike because gasoline may become prohibitively expensive.
Yeah, I’m thinking of my mom and others like her who worked their whole lives and paid into the system, played by the rules and got bent over and screwed royally for it by the crooks in congress and elsewhere in DC. She is dependent upon social security now for her existence, since her savings is almost gone now.
When the government stops giving out all the freebies on welfare it will probably be only AFTER they’ve stopped giving out all the ‘ponzi scheme, already paid for’ social security funds. We can’t have all the welfare-teat blacks actually starving before the elderly middle class do, now can we? Especially under THIS administration, who has no problem with ending lives that he deems aren’t worth saving (ie Terri Shiavo).
Speaking of road bikes, have you noticed how regular bikes (like Huffy) have risen in cost lately? Used to be you could get a nice men’s or women’s one at Academy on sale for about $60-80. Now they’re all around $200 and up. I guess the word got around that Zero and his thugs would cut off drilling in America and would cause gas to skyrocket (much as electricity bills will after Cap & Trade). We’ll be like the Chinese soon all riding bikes to work, I’m betting.
One thing I know...it’s going to be an extremely bumpy ride, bike or no bike.
Let me add something to this -— TAX CUTS MUST BE MADE PERMANENT.
The one thing business CANNOT ABIDE BY is UNCERTAINTY. Take the stupid Death Tax for instance. It is supposed to be reset for ONLY ONE FREAKING YEAR and then goes back to what it was before. HOW THE HECK CAN ONE PLAN WITH THIS UNCERTAINTY HANGING OVER OUR HEADS ?
DO you think that business and individuals aren’t aware of the EXPIRING Bush tax cuts next year ?
So a mere tax cut won’t work if a few years later, congress or Washington gets taken over by some tax happy legislator REPEALS whatever tax cuts were put in place.
MAKE TAXES SIMPLE, FLAT AND PERMANENT. Banish UNCERTAINTY for businesses and tax payers. *THAT* will be the only one that works.
That’s my 2 cents worth.
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