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Name:
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Mack
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Subject:
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Perilous Points to Ponder>>>
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Date:
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11/15/2012 6:38:07 PM
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I just finished a session of Neal Boortz (Blast of 11/15/2012) in which he made some pretty unsettling points. First, he blasted the GOP for allowing social issues like abortion and gay marriage to dilute the GOP message to too many voters. Not arguing with those issues, but they were not an issue that helped a victory. Next, he warned of some pretty nasty tax changes coming to us soon.
1. Increase taxes of those over $250,000. That targets small business owners, most of whom will scale back operations and lay off employees to neutralize the tax burden. Who gets laid off? Mid to lower income folks who will claim unemployment and go on welfare. Why not?
2. ObamaCare. Actual implementation is still fuzzy. But, to a business owner, the result will be higher cost to their payroll. What do they do?? Repeat Number 1 above.
3. Social Security "Means" Test. The idea is to eliminate/reduce payments to those the Govment decides don't need it. Based on how much these people have been able to save from their pay over the years. This is a "Trust Fund" backed by the full faith of the US Govment, funded by the recipients themselves and bled dry by that same Govment. Neat Ponzi Scheme.
4. Wealth Tax. This is my favorite, and I did not know that Billy Boy Clinton had floated the idea during his stay in DC. The idea is to tax your balances in 401K, IRA's, savings accounts, who knows, maybe even your equity in your home. Tax it now, then again when you withdraw it. How nice.
If this election was simply a contest between the Republicans and the Democrats for control, that would be OK by me. But it was not simple. It turned out to be a choice between Capitalism and Socialism. The voters were blinded by rhetoric from both sides, lies from both sides. They voted for a Socialist agenda. And, they have no clue about the cost of that system or who is going to pay.
I am very fearful that when some of the taxation/healthcare schemes are implemented, and layoffs accelerate, we are going to see some violence in the streets across the country, and the faces in the mobs will be from all races.
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