Get Your Grubby Paws Out Of My Wallet
It’s a good thing legislators are pushing to have government ownership of banks before election day, because that’s the last fucking thing they’re doing before I vote them out of Congress.
Wall Street Isn’t Dumb
So the Dow plunged again. What gives? Haven’t they been informed? The government is bailing out lenders. It may even bail out California. Or Michigan (Didn’t a representative recently go to Ford company on September 16, 2008 to discuss Ford company receiving government loans? It’s already happening, people. We are bailing out Michigan.). Or Delaware.
So why are people cashing in their shares of the market? Could it possibly be because they think that capital gains taxes are going to increase under Obama?
Oh, but no! Obama promises that he’ll cut capital gains taxes to small businesses.
What’s wrong with this picture, folks?
If you can’t answer “Small businesses usually don’t have shares, and therefore don’t have capital gains taxes,” then you just fell for a line of bullshit. One of many coming out of the mouth of that dipshit.
And apparently people are falling for it. Doesn’t *anyone* take economics in high school anymore?
Over-extending Your State’s Budget
A lot of states have overextended themselves, using the State budget to support programs and things that require taxpayer money. So once personal income drops, taxes drop. And those programs, supported by taxpayer money also lose funding. This is what happens when you depend on the government to give you money for programs — socialism. The government cannot be an efficient spender of money, due to bureaucracy. It passes many many hands before it ends up in the programs/charities for which it is intended. And the bargaining tools are usually not there. There is no bargaining for the government. If they need more money, they just increase taxes, or print more of it.
Here are the states that the government is now going to be asked to bail out, because for some reason, these days, the government is asked to solve everyone’s problems.
I’m all for charity. I believe that helping my neighbor is fine. But, in order to help my neighbor, I have to survive too. I guess people are forgetting that if you want to be a successful parasite, you can’t kill your host. I expect that people don’t understand this. And therefore, I see that taxes are going to go up this year, despite anything the government can do. For some reason, we will all be asked to share our loaves of bread, because of the sins of a few.
Excerpt from 29 STATES FACED TOTAL BUDGET SHORTFALL OF AT LEAST $48 BILLION IN 2009 by Elizabeth C. McNichol and Iris Lav (Full article at http://www.cbpp.org/1-15-08sfp.htm) “The bursting of the housing bubble has “The vast majority of states cannot run a
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So, the federal government can run deficits? Where does the federal government get the money to pay back those deficits? From us. What they’re saying is that we are becoming a socialist country, where the government is bailing out everyone. Why? Because of the threat that the economy will crash if we don’t let the government have our money and do whatever they like with it. People like the idea of the government handing out money to the poor and those who are sick. But they don’t like the idea of doing it themselves. I don’t get that.
Instead, liberals look down on using the government for its intended purpose. National security. Yeah, it’s not nice to think about sending money to the government to support the executive branch of the government. But schools and businesses don’t run well, if people are shooting and bombing you, or flying planes into your office.
It is not the government’s place to save people from their follies. That’s a personal responsibility for citizens to help their fellow citizens directly. Not through a bureaucratic mess which will divert some money to pork based on either corporate lobbying, or a representative’s personal agenda.
In other words, why are people waiting for the damn government to pass a bill to help their fellow neighbor, just down the street. For God’s sake, just go over and help them, dipshits.
The other thing that bothers me is the constant reference to “improving the housing market.” The housing market is not what makes a country. It’s industry. Sure, the process of house building creates jobs and encourages industry. But, I’ve seen how the housing industry just moves people from bad parts of town to another part of town, leaving those older houses empty and creating dangerous neighborhoods with increased poverty.
People don’t like to admit it, but what pulled us out of the Great Depression was not the New Deal, but WWII, which created people who learned to save money, and who supported industry that helped the military. But no one likes to think of that, these days. War is bad. And that’s the end of the discussion, unless you want to be called insightful names.
I Might as Well Retire Early
It doesn’t pay anymore to go thru 24 years of school only to give all my income to the government, so that others can have a piece of my pie. In today’s world, the parable of the little red hen would end up that the little red hen would not only have to give her bread to everyone else, but she gets chopped up for dinner as well. Thing is, if the little red hen gets chopped up for dinner, no one’s going to make bread anymore. If Obama is elected, I’m retiring early. All you socialists will just have to go to work to share your pie, cuz I ain’t pulling the plow anymore for you.