Presidential Bait and Switch

Discussion in 'Wall St. News' started by libertad, Mar 5, 2009.

  1. http://online.wsj.com/article/SB123621161271234665.html

    There is going to be yet another grand lesson learned by the US public....

    The message is this....

    The government does not create revenue....they are a parasite to those that do....

    The government is supposed to regulate the actual producers....not act as if it were a producer....

    ..........................................................................

    The remedy....

    The immediate downsizing of government to match those revenues which are honestly garnered and fitting to society....

    ............................................................................

    The issue at hand is an immediate fast track to true wealth building ....not the shifting around of wealth that is still present and dwindling....
    ....................................................................


    Herewith lies the solution....


    Once upon a time there was a 1,000,000 people and 100 companies....

    They have to choose between Country A and Country B....

    It is important to all to produce the most wealth and best form of government....


    Country A offered....

    1) Progressive individual tax 10-38% via IRS

    2) Progressive corporate tax 10-28% via IRS

    3) Excessive legal largesse

    4) Government has rights to issue debt beyond its means

    5) Fiat currency


    Country B offered....

    1) No individual or corporate taxes....no IRS....

    2) 10% consumption tax on products classified as consumable....

    3) Proper but not excessive capitalistic regulations

    4) Government has no debt issuance priviledges

    5) Currency via the gold standard


    So the question is....

    Which country will the individuals and corporations choose ?

    A or B ?
     
  2. Sushi

    Sushi

    Evidence indicates they choose A

    Safety and security trump freedom everyday except in libertarians fantasy world facts as evidenced by reality can not be disputed
     
  3. Mav88

    Mav88

    what evidence? He didn't say one country was lawless.

    I disagree slightly, gov't can produce small amounts of wealth, but not in the massive creative way that the private sector does.

    How about the presidential-liberal two step on taxes as well? We're gonna raise carbon taxes because it will affect people's behavior for the social good, however raising taxes on capital will not change anyone's behavior at all. Liberal logic at it's finest.
     
  4. Very true....


    Now that the public knows what A is....

    How about B ?

    Maybe the public needs to have the B choice put before them....by a gifted speaker....


    As a real choice....


    And not just "more of the same ".....


    The public now knows that the A choice ....has only been "a mirage"....

    Maybe after making the same mistake many times over ....one learns...."the hard way"....
     
  5. Mav88

    Mav88

    will never happen, 90% of people are not creative producers, they want their gov't banky. 1 in 3 adults don't even work, why would they give a shit?

    Democracy= mob rule
     
  6. Agree 100% with OP.
    I am not aware of any country which would qualify as a country B.
    Someone knows a country like that ?
     
  7. Does anyone know if any country has been formally offered "the change to country B" ?

    So far the public has had no other choice other than country A ?


    Or will the public still choose to make the same mistakes over and over again ?


    "Even a rat stops looking when there is no cheese" ....
     
  8. dozu888

    dozu888

    hongkong maybe the closest to B...

    The US of A will truely be a great nation if we have B implemented.
     
  9. Absolutely correct....

    USA will be a great nation if it is offered and implements "country B"....

    What it needs is to be made the offer of country B....

    ......................................................................


    Everyone now knows what "country A" is like....

    The US has never been offered butter....it has only had margarine....
     
  10. http://online.wsj.com/article/SB123621161271234665.html


    Switzerland and Hong Kong would be closest....

    And actually the UAE is $0....

    ...............................................................................

    The point being that every company if it seeks to have clear advantages would have to domicile in the US to remain competitive....

    Let's be clear....

    What does the US need right now ?

    To build true wealth....a new manufacturing base....

    Offering country A has proven itself unable to do this....and the current political elect has chosen country A....

    .......................................................

    Make no mistake....

    "Country B" is the "right solution"....

    Albeit the US public is currently being taken to the cleaners....
     
    #10     Mar 5, 2009