Posted on 12/03/2012 8:23:07 PM PST by MeneMeneTekelUpharsin
All of this talk about taxing people who make 200k or 250k or more. What a joke. With the excessive printing of money, almost everyone in this country who has a job will make 200,000 thousand dollars or more.
And, milk will be $12 a gallon, etc., ad nauseum. However, everyone will still fall under taxation rules when that happens. You're making more money, but everything rises in price to meet your income and now you're paying more in taxes. How can people be so foolish to vote these insane policies into effect?
What about rental property? The next step (and, yes, they've already thought of it) is to say to the poor, supposedly disenfranchised masses, "Hey, that rich man over there with all of that rental property doesn't need that! He only needs the house he is living in. Why does he need all of those houses if he's not going to live in them?"
Or, they will put exorbitant taxes on rental property. Wait until landlords figure all of this out and watch how much rental property gets dumped on the market all at the same time deflating rental and housing property in general. This is all just the beginning of the madman's circus.
Dammit, you broke Obama’s secret code. First, ‘tax the rich’, meaning over 200K, Second inflate the currency so that’s 100% of the population...slick eh?
Pair of Levis.
1888— $1.80.....74 years later, 1962— $2.60. 100% increase
Today, 50 years later—$44.95. 1800 % increase.
74 years to go up 100%
50 years to go up 1800%
And these Levis are made either in Mexico, Guatemala, Honduras, Colombia, or China, depending on the tag.
I remember a very poor industry...shoe making....that employed lots of people in the area where I grew up....the workers did not get paid much...but they were respected...
the company supported schools, pools, parks, carousels, and even public artwork....
but the kicker is they had their very own large clinic...pharmacy, xrays, nurses, and doctors ONLY for the employees and their children...
what a god send when you didn't have much money yet could bring every one of your several kids down to get checked for illness....
life used to be pretty good....
I remember when a candy bar was only a quarter.
I felt the urge to day but that same “whatchyamacallit” was 1.99...
looked smaller to.
The urge pasted.
I’m not even 40 yet!
I remember when a candy bar was only a quarter.
I felt the urge to day but that same “whatchyamacallit” was 1.99...
looked smaller to.
The urge past.
I’m not even 40 yet!
Not in Hawaii on a 40 million $ estate, not in San Francisco, or D.C or northern Virginia. Those places will get richer and richer. It's the rest of us pawns who will end up living like we're in the projects ... I'm sure the Obamadrones will be too happy about this to notice that their lot in life is stuck in the mud of revenge and entitlements.
I agree with you. They just replaced a contract providing facility maintenance where I work. The new contractor offered existing workers half the pay they’d been making. Several retired or left.
Those places will not get richer, they will slide, inexorably, into disrepair and destruction. Slowly at first, then faster and faster, until they are nothing but hollowed out shells, stripped of every last bit of scrap that can be turned into cash.
The residents, incapable of providing the means necessary to protect their own property, will become feral animals, attacking anyone who has more than they do.
The rural areas will become the targets of roving gangs of hungry hordes that will either kill or be killed in the fight for survival, with no mercy or human compassion for any.........
When I was a kid, a quarter would buy a 12 oz coke AND a candy bar!.......
Start 1776 Finish 2008 It came to pass and just about right on schedule according to Alexander Tyler.
About the time our original thirteen states adopted their new constitution in 1787, Alexander Tyler, a Scottish history professor at the University of Edinburgh, had this to say about the fall of the Athenian Republic some 2,000 years earlier:
“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government.”
“A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury.”
“From that moment on, the majority always vote for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.”
“The average age of the world’s greatest civilizations from the beginning of history, has been about 200 years”
“During those 200 years, those nations always progressed through the following sequence:
1. from bondage to spiritual faith; 2. from spiritual faith to great courage; 3. from courage to liberty; 4. from liberty to abundance; 5. from abundance to complacency; 6. from complacency to apathy; 7. from apathy to dependence; 8. From dependence back into bondage”
Unfortunately there are no boundaries to human stupidity.
“I remember when a candy bar was only a quarter.”
You aren’t dry behind the ears!!
When I was a kid a candy bar was 5 cents, a quart of ice cream from the Good Humor man was a quarter.
When I was 8 I was rich, I made 1 cent/paper and had a 200 paper route.
Sounds like Mad Max. But this hasn’t happened in Europe...yet.
Personally, I’m close enough to Canada to think of it as an escape route. Amazing,...American citizens who have paid taxes all their lives looking for an escape from the country of their birth..the former beacon of freedom.
Part of me hopes that zero and his minions end up with nothing but a pile of steaming $hit and the hoards of obamatakers screaming for gimmes.
I can dream...still.
I forgot to mention that the interesting part will be as to what will trigger the start of another cycle?
that was the excuse but then he gave away a zillion dollars of our tax money to his friends in the “eco energy industry” running fake or crooked or just simply incompetent firms... you can make up a list of all the companies that he gave our tax money to and then went broke (and our money conveniently disappearing in the process)
draw you own conclusions but we got zilch energy from all these deals
all we got left with was tons of added debt and doubled gasoline prices
Just watch what happens when states like California go bankrupt. First, the cities will go bankrupt, forcing the state to take over the operation of the city services. As more cities fall, the state will collapse under the financial strain.
People with the means will leave and take their wealth with them. That leaves a poorer group behind that will demand more and more from the state.
At some point, the federal government will “bail out” the state, transferring the weight of the entire state onto the nation’s shoulders. Soon, other states will follow suit as their funds dry up and services must be rendered.
As the ever increasing burden of social programs gets too heavy to bear,
The Collosus will fall........
What! It’s going to get bad in rural areas?
I remember when a candy bar was only a quarter. I felt the urge to day but that same “whatchyamacallit” was 1.99... looked smaller to. The urge past. I’m not even 40 yet!
Maybe: today, too, and passed?
Regards,
When the cities run out of food and fuel, the rural areas are next in the line........
My Dad buys a house in the 1960’s.
Get’s it paid off in the 1990’s and the property taxes cost more to pay monthly than the mortgage was.
Inflation sucks.
Taxing property every year sucks.
That’s what happened to me at the hospital I worked at as a medical transcriptionist. Dictaphone leased us the dictation system for 3 years, which was a voice recognition system. When the lease was up, Dictaphone “kindly” offered to take over the transcription services for the hospital. They wanted to hire the MTs but instead of being paid hourly, we would be paid strictly on production. My income would have gone from $20+ per hour to $10-12, my health insurance would have cost double with a higher deductible, and my vacation time would be 1 week instead of 4. Most of us refused their offer.
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