Posted on 04/12/2010 8:19:59 AM PDT by SeekAndFind
Edited on 04/12/2010 8:21:54 AM PDT by Admin Moderator. [history]
The numbers are small. A modern record, to be sure, and an embarrassment to some. But nothing to be alarmed about. Better to just curse their greed, slap an exit tax on their assets, and move on. There are plenty more where they came from.
(Excerpt) Read more at realclearmarkets.com ...
I hope all the idiots who voted for Nobama are happy.
FUBO
What the rich CEASE INVESTING IN THE UNITED STATES?
Who is John Galt?
Ross Perot got it partly right — “That sucking sound you hear are jobs [and capital] leaving the US.”
RE: But what if more of them start to leave?
The question is WHERE TO ?
Most countries are doing WORSE than the USA economy-wise.
Are they going to China ? where there is practically little freedom of speech ?
Are they going to India ? the Philippines ? They better think twice because they aren’t any better than the USA.
Our system is getting worse, no doubt about it. But it’s still a whole lot better than MOST other countries out there. The grass isn’t really any greener on the other side.
Look at what’s happening in Maryland. Rich are moving out of that state.
RE: But what if more of them start to leave?
The question is WHERE TO ?
Most countries are doing WORSE than the USA economy-wise.
Are they going to China ? where there is practically little freedom of speech ?
Are they going to India ? the Philippines ? They better think twice because they aren’t any better than the USA.
Our system is getting worse, no doubt about it. But it’s still a whole lot better than MOST other countries out there. The grass isn’t really any greener on the other side.
Where are they going?
Europe traded the energy of its Jewish population
for decapitating, law hating Islamic immigrants.
America will trade its innovative cream of the crop for
a hoard of decapitating, law hating criminal illegal aliens.
Israel (much fairer to capital investment, income not so much).
Various South American and Carrabean countries.
Hear this Obama, this year I choose not to be the fool I have been. I will cash out, retire, check out and go on the neverending government teat. No more taxes, no more investing, no more faith.
"One thing we are confused about is whether this law is a preamble, or already incorporates, the flow of non-cash assets, such as commodities, and, thus, gold. If an account transfers, via physical or paper delivery, gold from a domestic account to a foreign one, we are not sure if the language deems this a 30% taxable transaction, although preliminary discussions with lawyers indicates this is likely the case."
It's Official - America Now Enforces Capital Controls (The Obama Fascists destroy Investing)
To the same places other rich ex-US citizens have gone.
The Left always emphasizes the sin of greed and overlooks envy. Well, Jesus said the poor you’ll always have with you but he didn’t say that about the rich.
“let’s pass enough laws to make sure that no one is allowed to get rich in the first place!”
Implicitly, that’s exactly what we’re doing. Why should anyone be surprised at the natural consequence of this administration’s hostility to evil profits and the corporations that pursue them? As Winston Churchill once said: “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
Being a land of opportunity is in direct conflict with Obama’s goal of “spreading the wealth.” Whereas Europeans favor trading freedom for economic security, Americans historically have cherished the freedom to pursue their own happiness. This has resulted in much greater social mobility (and happiness) than in more static societies where class differences are more deeply entrenched.
Chile
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