http://www.washingtontimes.com/news/2009/oct/08/killing-the-entrepreneurs/
In short....
The Politicos are "FUCKING IDIOTS"....
In short....
The Politicos are "FUCKING IDIOTS"....
The US Is Killing Its Entrepreneurs....
- Thread starter libertad
- Start date
I emphatically agree my friend, entrepreneurship is being destroyed.
Maybe the Obama politicos WANT joblessness. Maybe they WANT to stifle entrepreneurs and the jobs they could create.
Why? Power, control and dependence on government, of course.
Why? Power, control and dependence on government, of course.
Quote from Scataphagos:
Maybe the Obama politicos WANT joblessness. Maybe they WANT to stifle entrepreneurs and the jobs they could create.
Why? Power, control and dependence on government, of course.
If joblessness continues, it will be a blood bath for Dems in 2010 and Obama will be a one term President.
Stop, I get kinda hard when I see or hear those words :eek:
Quote from Scataphagos:
Maybe the Obama politicos WANT joblessness. Maybe they WANT to stifle entrepreneurs and the jobs they could create.
Why? Power, control and dependence on government, of course.
...........................................................
And all this because Harvard Grads do legal but no math....
At the end of the day.....when all said and done....
They will figure this out....
The tax take from a 15% consumption tax only will dwarf the take from any progressive scheme that they can imagine....
Which will rectify the entrepreneurial system....
.................................................
And on another note.....
The total securities mess can be cleaned up by simple de-fragmentation of the exchanges while making them fully electronic and available worldwide....first come first served....
The SS rule could be simple.....ie cannot exceed float per electronic tag....first come first served....The personal PC replaces specialists and marketmakers....no uptick rule....no locate....
Cost of transfer should be about 20 cents per 100 units....all asset classes.....an electronic entry is an electronic entry.....and costs nearly nothing....
Margin....easy....4:1 intraday, overnight....all asset classes....a % move is a % move....
No account minimum or maximum....but size restrictions per account....
The technology is already proven and available now....
All price discovery on the exchange....no dark pools ...no internal anything.....
Sounds like the American people are the big losers, regardless.
I actually read the link a couple of times. It makes quite a few arguments and then throws up some weak defenses.
"Reinstate the death tax and now small businesses will have to buy life insurance"? Ignoring the hype, this makes little sense. Perhaps it would be BETTER to tax inheritances rather than income. And since when is it smart to not have life insurance for your dependents, depending on the 'inheritance'?
I am pro small business and conservative, but the article is more hype and pomp than solidly researched fact.
Most of the current problem is being caused by irresponsible regulations that allowed the financial crisis to leverage financial institutions so highly and be so fragile, supported by bonus-time leaders who kept throwing the dice and hoping things would be fine. And of course, allowing anyone and everyone to buy homes they could not afford. And somehow thinking that international free trade means "let everyone else export to the USA simply because they do not have the wages or worker/environment protections we require." And unfettered inflation in the healthcare and colleges. And tens of billions in govt obligations to govt worker pensions, medicare, social security, Etc. Etc. Etc.
We have seen the enemy and he is us.
"Reinstate the death tax and now small businesses will have to buy life insurance"? Ignoring the hype, this makes little sense. Perhaps it would be BETTER to tax inheritances rather than income. And since when is it smart to not have life insurance for your dependents, depending on the 'inheritance'?
I am pro small business and conservative, but the article is more hype and pomp than solidly researched fact.
Most of the current problem is being caused by irresponsible regulations that allowed the financial crisis to leverage financial institutions so highly and be so fragile, supported by bonus-time leaders who kept throwing the dice and hoping things would be fine. And of course, allowing anyone and everyone to buy homes they could not afford. And somehow thinking that international free trade means "let everyone else export to the USA simply because they do not have the wages or worker/environment protections we require." And unfettered inflation in the healthcare and colleges. And tens of billions in govt obligations to govt worker pensions, medicare, social security, Etc. Etc. Etc.
We have seen the enemy and he is us.
The Washington Times? Do you mean the daily founded in 1982 by Unification Church founder Sun Myung Moon and subsidized by the Unification Church community? The same Moon who, in 2002, said that he is the Messiah and the Second Coming of Christ and is fulfilling Jesus' unfinished mission? Who said "The Washington Times is responsible to let the American people know about God," and "The Washington Times will become the instrument in spreading the truth about God to the world."
Is that the newspaper to which you refer?