tag:blogger.com,1999:blog-3081042645449011860.post1213787848696308185..comments2023-10-30T04:09:25.824-07:00Comments on Political Predator - By Michael Sall: Tax PolicyAnonymoushttp://www.blogger.com/profile/12623999592839615488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3081042645449011860.post-1368674189591117542009-04-01T20:16:00.000-07:002009-04-01T20:16:00.000-07:00Maybe Obama should sit around and play cards all d...Maybe Obama should sit around and play cards all day judging the gov and dreaming of ann coulter...lolAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3081042645449011860.post-17289809182914163962009-01-24T22:22:00.000-08:002009-01-24T22:22:00.000-08:00Thought I would add this rant of mine as well...As...Thought I would add this rant of mine as well...<BR/><BR/>As "we" bail out ourselves from ourselves with trillions in tax dollars, by way of the old tax and spend free ride, we do so at our own peril IMHO. <BR/><BR/>The revelation I have recently had is that where previously we would have seen these types of projects (Infrastructure funding) in the form of juicy pork filling the coffers of a piece of legislation, we now see this absolute waste of dollars turned into the form of an economic recovery plan which is rubber stamped by both sides of the aisle. <BR/><BR/>It is fascinating that the "Grande Plan" to stimulate and jolt the economy (from the incredible minds of the Obama administration) is to replace upper level jobs from the rags of companies such as Citi and Lehman with bridge building and road construction projects. <BR/><BR/>I personally do not know many recently laid off mortgage brokers and financial gurus lining the streets of Washington with their hands out begging to begin shoveling dirt to repair a bridge. <BR/><BR/>Where is the reinvestment into and recycling of the greatest resource in America, our intellectual capital through capitalism? <BR/><BR/>Why are we so quick to create a society in which Big Brother is the only major employer, because if you believe what Friedman said, and I do, then government will continue to increase at an unsustainable rate or at least a rate that I believe all conservatives and truly all people find despicable. <BR/><BR/>While some will make a fortune, and presumably already have, by using the government to line their pockets for the so-called "greater good", we will likely see ourselves fleeced to the point that we wake up one day in a place far different from the one whence we came. <BR/><BR/>I find it incredibly disturbing, not that a few inefficient car companies could go out of business, or that financial companies unwilling to admit to themselves the substantial risk they were involved in was ludicrous and unnecessary, because the is part of a free market system. What I find disturbing is how quick we are at ANY economic crisis, large or small, to say, "Please government, please help me..." <BR/><BR/>It (the free market)is not a happy go lucky warm and fuzzy place. The free market is though, the great equalizer because of it's uncanny ability to rid itself of those entities that are truly inefficient or the ones that don't function optimally.<BR/><BR/>While instead of facing a sharp downturn in the economy that in turn moves quickly back up and forward, our government bailout and increased intervention on all fronts will greatly slow any true, efficient LONG TERM recovery and growth and most likely lead us into a far worse off direction. <BR/><BR/>I am hoping that we can move in a better direction but it does appear that no matter where we end up, we will have arrived their on some really smooth roads.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3081042645449011860.post-61064670295077911562009-01-24T21:44:00.000-08:002009-01-24T21:44:00.000-08:00This fits your comments rather well, especially wh...This fits your comments rather well, especially when discussing the Chicago Boys... A little more Friedman would do us quite well these days... "I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. The reason I am is because I believe the big problem is not taxes, the big problem is spending. The question is, "How do you hold down government spending?" Government spending now amounts to close to 40% of national income not counting indirect spending through regulation and the like. If you include that, you get up to roughly half. The real danger we face is that number will creep up and up and up. The only effective way I think to hold it down, is to hold down the amount of income the government has. The way to do that is to cut taxes.<BR/> o Interview by John Hawkins (16 September 2003)Anonymousnoreply@blogger.com