I guess Swiss banking giant, UBS, and US federal regulators have come to some kind of a settlement, wherein the bank will disclose the names of American clients holding accounts offshore, so they can be fined and/or prosecuted. Most news agencies report this as some kind of victory for the country, but we should never be so naive as to confuse the government of the United States' interests with those of the American people.
This, along with coming Obama tax hikes and regulations, will only serve to convince the wealthy to actually leave the country, and to take the economic power of their money elsewhere. Just like most things the Democrats do, IRS's policies will only end-up hurting the average American, by sending companies and jobs overseas, and driving what capital that does stay into passive situations. If the wealthy don't trust the government, or feel unwelcome in a country, the leave, and they take prosperity with them. I wonder who the Democrats actually work for.
Showing posts with label Recession. Show all posts
Showing posts with label Recession. Show all posts
Friday, August 14, 2009
The Feds vs UBS
Labels:
Feds,
Fox Business Channel,
Investment,
IRS,
Jobs,
Obama,
Recession,
Swiss Banks,
Taxes,
UBS
Wednesday, June 24, 2009
FATE OF THE GOP?
So, anyone out there remember a little party called the Reign of Terror? Anyway, so, these French people got all pissed off at the monarchy (see: government), because their lifestyle and their ambitions were so great that they reduced the standard of living of the average French non-government worker to poverty and starvation, and one day these starving and angry French people dragged a bunch of these wasteful and high-living government workers and "leaders" out into the streets, and gave them really short haircuts. I mean, dude, it seems to me that the Democrats and the Imperial bureaucracy of Prince Obama might have missed that class, back when they were in public schools. Everyone is talking about the fate of the GOP. That's funny, because by the time Obama's spending and borrowing orgy is over, I'm thinking the American people are going to be looking for some serious payback themselves.
Thursday, June 18, 2009
BIG BROTHER OBAMA, NO THANKS!
If Barack Obama is going to borrow trillions and trillions of dollars on the tab of the American people, then he should stop handing it out to his supporters, and start mailing those dollars out to the poor bastards who are going to have to pay it back. If he doesn't he's a thief, because there is no more reason to expect our present day government to do any better job at managing them, or "investing" them, than the crooks and fools who have run our nation and its economy into the ground already. At least, if the people get the money, they'll be able to enjoy it, and benefit from it, instead of merely being responsible for paying it back, and suffering a lower standard of living at the hands of this maniac and his co-conspirators. Hell, why not just take 20% of the money these people are talking about, and giving it out in $1 million small business grants, in some form of lottery? 'Ya think we'd get a few new jobs out of that? If we give the money to the government, all we'll get out of it is more government, and more government employees to support in perpetuity.
Friday, May 29, 2009
Americans, a non-fixed asset.
Think of the opportunity that the Obama Years will present to foreign countries, not just in the sense of a state-to-state issue. Smart tax and regulatory policies could attract entrepreneurs and investment-class immigrants to nations wanting to stimulate their economies and brain pools. Our forefathers came to this continent in search of freedom and opportunity. Are their descendants less a people?
Labels:
Economy,
Obama,
Recession,
Redistribution,
State Taxes,
Stimulus,
Taxes,
Wealth
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