Thursday, February 7, 2013

Taxing the Rich and the "Booming" Stock Market

There is a difference between the Wall Street investment class and mid to small businessmen. The stockmarket reflects growth of international companies, and earnings from foreign shores. The stockmarket can be high, while US unemployment and economic stagnation enduring. What many misunderstand, are the differences between the investment class managing earnings and losses inside portfoliosm,  and businessmen trying to survive under the assault of the EPA, Obamacare, new Federal Income Taxes, and dealing with noncompetive Union wages. In addition,  businessmen are paying rising State and Local taxes and headwinds of endless regulations imposed at that level. All this is a minefield of risk, and businessmen are finding negotiating it isn't worth it. So, no one is building businesses or expanding their workforce.       Even GM (Government Motors) is building vehicles in China for that market, so that means less growth in US plants and US exports.

Warren Buffet specializes in tax shelters, which is why he is all for taxing the so-called rich.    Obama's tax policy drives huge amounts of capital into Buffet's coffers. Other analysts said the stock market was also being lifted by investors moving funds out of bonds and into stocks, as a result of bond yields falling. The stock market also rose in 2007, and there was no reason for it. History repeating itself.  

Thought of the Day

Why is it so much more 'holy" for secular humanists to impose their views on religious people? Why don't we do neither, and call this freedom?

Obamacare Revisited

This HHS action is exactly what Obamacare proponents were saying all along (while the Obama regime denied it), that the ACA removes religious liberty. Allowing employers to offer limitations based on their conscience and faith, does not hinder or stop employees from pursuing additional coverage on their own, paying the modest cost themselves, or finding an new employer that covers these things. That status quo hinders no ones liberty. The Obama regime is simply trying to divide the opposition to make it easier to steamroll the remaining few opponents (by giving exceptions to some, but not all). Later in the campaign, they'll continue to destroy individual liberty with this relentless "progressive" socialist grinding wheel.

After religious liberty and the right to self defense is shredded, they'll come after free speech against their political opponents. They're doing it right in the open, and the media is in the tank making the case...i.e.,  that all this is for our "own good".   It is not American, to trust Government.  Our founders didn't, and our system of Government was designed to make it difficult for Government to impose its will on the American people. Please remember, centralizing authority in Washington IS NOT an American idea, but one born of monarchies, dictatorships, and Europeon or Soviet style socialism. A true American is ALWAYs skeptical of Government, and would never increase its power over individual liberty, regardless of any good intention.

 Jefferson told us to not speak of good men, but to bind them with the chains of the Constitution. When I say wake up, don't hide in third party movements. To oppose these Marxists, we've got to unite regardless of the differences we have. I'm talking to RINOs in particular, as the establishment Republican's campaign to purge conservatives from party leadership must stop. You must incorporate conservative views as an important part of the platform moving forward. Otherwise, the GOP is nothing but cold poridge.