Saturday, July 30, 2011

SHARING THE WEALTH

Its attributed to Margaret Thatcher the following: "The trouble with socialism is you eventually run out of other people's money." Apparently the Obama administration thinks it won't run out of our money. It keeps demanding more of it in the form of more and higher 'revenues'. When Obama told Joe the Plumber "We need to share the wealth" he apparently didn't realize the wealth he wants to spread around is limited by over-regulation and pervasive taxation on businesses just like Joe's. Joe won't be able to expand his business because his payroll is taxed to the point of a workforce reduction. Think I'm kidding? Ask the owner/operator of a mine in Georgia who gave up after over-reaching regulation and taxation forced him to abandon plans to open a mine that would have employed as many as 150 operators paying each as much as $150,000 per year. He said "I give up." 
How does this administration expect to keep spending at current levels when its policies destroy the very source of those revenues? Its the revenue equivalent of  "The beatings will continue until morale improves". This 'sharing the wealth' will continue until there is no more wealth. The only thing to share then will be abject poverty just as in every socialist nation in history.
The answer is to hock every resource inside the borders of the United States to foreign investors. Those of you worried about the Yellow Menace won't have to face them on the battlefield. You need look no further than your local bank. 

2 comments:

  1. Because, as I quantify, there are only, now, two classes of people:

    1. Parasites
    2. Hosts

    If you're not one, you're the other.

    We are RAPIDLY running out of Hosts.

    Everyone would rather be a remora on the backs of the sharks.

    Imagine that.

    BZ

    ReplyDelete
  2. trudat!..and hey look at London..coming to a class warfare city near u soon~! God bless~!

    ReplyDelete