Posted by
realetybytes on Tuesday, December 22, 2009 1:39:01 PM
Everyone knows that in the 1860's Lincoln freed the slaves.
Has anyone noticed that in 2009, Obama enslaved the free?
Our government now owns us, and demands payment for that ownership. Fines or imprisonment for our mere existance is in our future.
The sheer magnitude of the interest on our debt will keep our children and their children at 70 to 80% tax rates, and still it will not be enough.
It will be impossible to pay back.
No one comprehends figures like trillions, and the size and exponential growth of the interest. It is about to reach the point of no return. There is not enough money or business in the country that can possible raise the cash necessary to make the ongoing payments.
Of course, the taxes will only be paid by the producers, so that's okay. The rest of society will share in the government largess of the monies extorted from the producers.
These producers, intelligent people that have been successful at business and know about profit and loss, do you expect them to continue to work to have their profits stolen, year after year?
Or do you think intelligent people will make other plans, relocate their business to another country, or just quit and stop paddling and get in the boat with everyone else?