Talk of The Villages Florida - View Single Post - Another look at the Subprime Problem
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Old 10-15-2008, 11:25 AM
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Default I am always amused by the references to how bad...

things are.
I don't care what the example or the issue, the numerical minority is the only topic.....how about:
>mortgages not in default? still above 90%
>foreclosures? less than 5% of the total
>employment? 95% still working!!
>total number of taxpayers paying the majority of the taxes? a numerically small number never talked about!!!!
>total number of tax payers paying the least or no tax? a really big number we never hear about.
Just to name a few.
The media and politicos will alway only talk about the "emotional" side of a subject.

As far as socialism....I always wonder just how many people really know and understand how it really works.
How about everybody get a college education....no cost to the individual.
How about everybody gets free health care...no cost to the individual.

The only part of these two examples that is not correct is the no cost to the individuals. What is not mentioned is their tax rates are easily...EASILY...2 or 3 or 4 times ours. It also means everybody pays taxes, not just the wealthy.
It is also not mentioned that the quality of the schools is less as there is a flat compensation scale regardless of tenure or capability.
The quality of the health care suffers for similar reasons....and don't forget to get in line and wait your turn....regardless whether life threatening or not!!!

I used to have executives in socialist countries who would negotiate their compensation package on the basis of a low salary but very filled with untaxable perks that netted out to a gain.....like a new company owned luxury car....every year....all expenses/maintenance paid....always a way to skin the cat...legally I might add.

So when all these freebies add up here in the USA....rebates....bail outs...health care....and on and on....yes it is migrating toward socialism.....and YES.....your taxes will ultimately be going up.....I don't care who the candidate is that is fluffing up the hype of no increased taxes.

YOUR TAXES WILL BE GOING UP! Your life style will not be the same. Your choices will be fewer. And the silent majority will nod, get in line and continue to do nothing......as per usual.

Now who is for more government? Socialism? Free everything?

BTK