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March 03, 2009

The Filthy Rich

If you do nothing else today, you owe it to yourself to watch this.

Posted by Cassandra at March 3, 2009 08:04 PM

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You're very kind.

Posted by: TigerHawk at March 3, 2009 08:20 PM

Not me.

I just recognize a good thing when I see it, my old friend :)

Posted by: Cassandra at March 3, 2009 08:29 PM

We're not listening to rich people anymore!
If rich people were as smart as you make them out to be, they would have, umm .... left... a long ... time ...ago.

Okay, do over!

Posted by: spd rdr at March 4, 2009 12:24 AM

Yup, that was a good message Mr. Tigerhawk and one that can't be repeated too often. A clear explanation of what it takes to become that rich person.Unfortunately earning a good living and providing jobs for others is rarely included in the Progressive's message when talk of taxing the rich is tossed about. And apparently there are a lot of people who buy into the EU Socialist dream. Those who already benefit from the government reallocation transfers and those who think that they will be on the receiving end of the new/improved transfers. And coincidentally more than a few seem to have an all too tenuous grasp on history. They also get to vote.

Is it any wonder that those who have not put forth the long hours in study and work think it to be either the luck of the draw or the family one is born into that alone determines ones financial fate? Fame and fortune did not fall from the sky into their laps... It's just not fair. So blaming the rich professional is a good dodge if you can not or will not accept that your own choices and actions brought you to where you find yourself. Ok, I'll qualify that by adding a for the most part since we all know that absolutes aren't and exceptions prove the rule.

Those on the suction side of the pump can not fail to see the excessive federal spending here and here storming out of the Congress this past month. Much as we could not fail to see and spoke at great length on the past performance, known affiliations, voting records and speeches of many of our currently elected politicians. That the available history of I One! and so many other people might be a fair indicators of future actions apparently did not register with ~30% of the voting age public at the time. Yet there are many others, particularly in the chattering classes of the major media who feign surprise at the inevitably increasing tax burden placed upon individuals and business by a government whose appetite for seizing the fruits of others labor knows no limit. Even during this challenging time.

Each day we hear of yet another plan to increase federal, state and local seizures of wealth from not only the rich, but from everyone else who contributes, no matter how small their contribution. Even the lowest rungs on the economy will forfeit future opportunities for themselves and their children for their cup of soup and crust of bread. It's the government equivalent of the huckster's shell game. Watch em take from the other person... Keep your eyes fixed on the shell covering the assets seized from the rich... Pay no attention to those fingers wiggling in your own pockets... Suckers!

Those folk hoping that I One!'s Treasury will cover their mortgage, fuel, heating and food expenses may not be concerned by I One! never passing up an opportunity to speak to the nation and the world regarding our impending economic doom, but I'll bet that their awakening will be rude in the extreme when the the dust settles and the Cap and Trade Federal Revenue Stream comes online. That alone will leave a mark on everyone, unless they are I One! campaign contributors from those green nations of India and China.

I can't help but wonder if Spd doesn't have one of only a few possible action plans mapped out. Oh wait. That's right, I One! has loaded up his administration with folks who have pretty impressive skills in the art of tax evasion and a sense of being above the law. So I suppose off-shoring assets will be neigh on impossible when those who are so skilled in the art are the watchdogs.

Yeah, I think I have to come down four-square with Dan's evaluation regarding awarding the benefit of doubt upon the majority of our Congress and I One!.

When/if the current administration and the Congress follows the lead of responsible taxpayers and businesses by eliminating wasteful spending aka earmarks, cutting nonessential programs and agencies, lowering the tax burden on business, producers and investments, etc. then and only then will I re-inflate my benefit of the doubt.

Insult Compounds Injury: After having billions of taxpayer dollars thrown at banks with few if any strings attached all while investments, 401's and mutual funds crater, and individuals who saved and lived within their means all their lives watch their net worth evaporate, today we hear that the FDIC may be in the Express Lane heading towards insolvency? Anyone up for a run on savings and checking accounts in the banks?

Yup, I One and the Congress fiddle and spend.

As usual, apologies for the excessive bandwidth consumption/rant... it slipped. But that often happens when my inner Neanderthal has me in a full nelson.

Posted by: bt_♫dont-Bogart-those-assets-mah-friend...tax-me-another-one..._hun at March 4, 2009 05:10 PM

Well I channeled my inner Neanderthal and the comment/rant was intercepted for review since I'm a first time commenter. Har!

I must have induced a bugcheck the VC comment filters/exception handlers. Either that or a divide by zero panic. =8^}

Posted by: bt_that'll-teach-me_hun at March 4, 2009 05:53 PM

Actually, bt I-like-show-off-with-my-special-characters hun, (snnort) I think it has more to do with the number of links you've given us to check out.


Posted by: DL Sly at March 4, 2009 09:39 PM

Special characters? That's what the shrink said just before Mr. Peabody hit him with the Peabody Labs UL-appalled defibrillator. =8^}

Posted by: bt's_7-faces-of-a_hun at March 4, 2009 09:48 PM