After hearing reports about the white house sending a 17 billion dollar bailout package to the big 3, it assured me that we no longer have a capitalist soceity. Saing that the Big 3 is "too big to fail" is saying that these companies rule America, therefore, we can't sacrifice job losses and losing a reputable "American" company. That sounds like a "ohh, it's alright, we know you made stupid decisions in the board room. We know you failed, but, we'll use tax payers money to encourage you to fail again because if you do, we'll bail you out once more." Welcome to the U.S.S.A (United Socialist States of America)!
We should allow comanies; big or small to fail and learn from my mistakes. I did. I lossed money, but I didn't cry to the government to bail me out of debt. I took responsibility. I learned from my mistakes, consolidated my debt THROUGH THE BANK itself (again, doing business through capitalism). And I started another business. With the government's help comes more regulations which means fewer jobs, less productivity and results in a slower economy. As a matter of fact, there's no obligation the government has under the U.S. Constitution that states they bailout any businesses. Let the market do what the market do.
Saturday, December 20, 2008
Thursday, December 11, 2008
The current pro-communist tax system
Our current tax system has over 20 thousand pages and counting. Most of the things that are in the tax system was created and or motivated through class hatred, class warfare, influenced through curroption, special privilages of those within the capital beltway, and to many politicians who wanted to increase their paychecks through the tax system with subliminal languages of increasing taxes on the "rich". As a matter of fact, our tax system is slowly mutating our government into a socialist society with a touch of communism, while using capitalism to avoid a mass panic or riot. The events happening in our country now; the housing crises, the big 3 bailout, job loss and counting..., is growing by the day, and many people are focused now on how to stop the crises, but aren't interested in getting to the root of the problem. It takes strategy and common sense to realize that the root of the problem is our infamous tax system. But, emotions can't see it because emotions cloud common sense. Right now emotions are creating fear and panic, and when you have fear and/or panic, common sense and strategy takes a back seat.
I hope President-Elect Barack Obama realize that we need the FairTax now. I really hope my generation come together and fight for it. Because being apethatic is something that interest groups, lobbyists, and politicians are counting on for their own self interest. Let's fight for it.
I hope President-Elect Barack Obama realize that we need the FairTax now. I really hope my generation come together and fight for it. Because being apethatic is something that interest groups, lobbyists, and politicians are counting on for their own self interest. Let's fight for it.
Saturday, November 8, 2008
If your tired of our current tax system.....
Now that we have elected Barack Obama for President of the U.S. of A, we have experienced a history in the making. That gives our children (regardless of ethnicity, gender, or background) an opportunity to become whoever they want to be. Based on the U.S. constitution, all you need to be to qualify for President is to be a U.S. citizen, age 35 and older, and have common sense. We have elected an intelligent President and looking forward to seeing this nation prosper under his watch.
I understand that the one thing that Americans are worried about right now is the economy. It's in turmoil. But we also got to understand that our economy is in turmoil because of a lot of ignorance in not only Wall St. part, but in Main St. as well. Both the government, businesses, and individuals has spent money they didn't have. The government can't solve every problem, at that, the more government, the more regulations, the more dependent we become. We've started to give up our FREEDOM for security because of fear, and last time I checked, that's not like America. I voted for Obama because I believe he's more open-minded about exploring with new frontiers of government that past officials were afraid to tap into. We need a young blood in the oval office. The reason why 5% of Americans are successful financially's because they aren't afraid to take risks, instead of avoiding it, they manage it, that's America. I believe President Obama will bring change into our country, good change. At that, we need to destroy our current tax system, and adopt a simple easy to read tax system called the FairTax Act. It's a simle federal tax system that taxes consumption instead of wages and income. Our current tax system has started out as a simple flat tax but has been munipulated by special interest groups, lobbyists, and elected officials from all parties; including those we might have voted for, over the years. It's time to say enough is enough. We have the second highest tax system in the world. People, jobs aren't leaving the U.S. becuase they're looking for cheap labour, they're leaving because the tax system's preventing them from creating more jobs. We need to enact the FairTax ASAP. For those of you who are afraid to change, if you like the age old, 67,000+ page tax systemn plaqueing our economy today, then ignore this blog. But for those of you who are tired of being harassed by this mob, this posse, called the IRS, if you're tired of feeling like you can't get ahead, tired of spending thousands of dollars to get a measly return on tax season, feeling like April 15 is a dreadful day, (even though it maybe sunny outside), if you're tired of hoping the government won't take your inherentance away from your children when you pass, if you're tired of wondering how Washington is spending your money, then we need to pass the FairTax NOW! It's not a Democrat, Republican, nor an Independent issue, it's an American issue.
I urge every one of you to visit www.fairtax.org to get more info. And if you're not computer savvy (which I assume you are because you're doing this) then go to your local library and pick up "The FairTax Book" by Neal Boortz. Then, AFTER you understand how the FairTax will benefit America, I urge all of you to contact your local and state representatives, as well as President Obama. No matter who we are; poor, middle-class, or rich, we are ALL Americans.
No more do we need a tax system that encourages people to prosper under the radar. No more do we need to tell people that if you decide to be rich, we'll punish you with taxes. No more will we scare our entreprenuers and future entreprenuers away with higher taxes, no more will the middle-class wonder if they can afford college for their children. They tried it in the former communist Soviet Union, it didn't work. Please Americans, this is the land of opportunity. I believe President Obama will look at this bill closely and will see that this is the biggest economic opportunity in American history.
God bless everyone, and God bless America.
I understand that the one thing that Americans are worried about right now is the economy. It's in turmoil. But we also got to understand that our economy is in turmoil because of a lot of ignorance in not only Wall St. part, but in Main St. as well. Both the government, businesses, and individuals has spent money they didn't have. The government can't solve every problem, at that, the more government, the more regulations, the more dependent we become. We've started to give up our FREEDOM for security because of fear, and last time I checked, that's not like America. I voted for Obama because I believe he's more open-minded about exploring with new frontiers of government that past officials were afraid to tap into. We need a young blood in the oval office. The reason why 5% of Americans are successful financially's because they aren't afraid to take risks, instead of avoiding it, they manage it, that's America. I believe President Obama will bring change into our country, good change. At that, we need to destroy our current tax system, and adopt a simple easy to read tax system called the FairTax Act. It's a simle federal tax system that taxes consumption instead of wages and income. Our current tax system has started out as a simple flat tax but has been munipulated by special interest groups, lobbyists, and elected officials from all parties; including those we might have voted for, over the years. It's time to say enough is enough. We have the second highest tax system in the world. People, jobs aren't leaving the U.S. becuase they're looking for cheap labour, they're leaving because the tax system's preventing them from creating more jobs. We need to enact the FairTax ASAP. For those of you who are afraid to change, if you like the age old, 67,000+ page tax systemn plaqueing our economy today, then ignore this blog. But for those of you who are tired of being harassed by this mob, this posse, called the IRS, if you're tired of feeling like you can't get ahead, tired of spending thousands of dollars to get a measly return on tax season, feeling like April 15 is a dreadful day, (even though it maybe sunny outside), if you're tired of hoping the government won't take your inherentance away from your children when you pass, if you're tired of wondering how Washington is spending your money, then we need to pass the FairTax NOW! It's not a Democrat, Republican, nor an Independent issue, it's an American issue.
I urge every one of you to visit www.fairtax.org to get more info. And if you're not computer savvy (which I assume you are because you're doing this) then go to your local library and pick up "The FairTax Book" by Neal Boortz. Then, AFTER you understand how the FairTax will benefit America, I urge all of you to contact your local and state representatives, as well as President Obama. No matter who we are; poor, middle-class, or rich, we are ALL Americans.
No more do we need a tax system that encourages people to prosper under the radar. No more do we need to tell people that if you decide to be rich, we'll punish you with taxes. No more will we scare our entreprenuers and future entreprenuers away with higher taxes, no more will the middle-class wonder if they can afford college for their children. They tried it in the former communist Soviet Union, it didn't work. Please Americans, this is the land of opportunity. I believe President Obama will look at this bill closely and will see that this is the biggest economic opportunity in American history.
God bless everyone, and God bless America.
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