Not saying you are wrong, FM; I just want to point out that every coin has two sides. Maybe the other side is the WRONG one, but it may explain
"why" some folks are so, what? stupid---as to identify with republicans....
Originally posted by ForceMaster
Um, Congress holds the power of the purse-strings, not the President. And we've had a Democrat House and Democrat Senate since 2006. Has spending
shipping our biggest commodity overseas, which is production and manufacturing which has lead to massive job losses and factories that have been
reliable to a community being shut down without warning.
And you know why companies do that? It certainly isn't salaries. It's employee benefits. Did you know that when you buy a GM car, over HALF the
price of the car goes to pay the employee union dues, pension, and health care plans. 5 years ago, the unions at the big 3 automakers got concession
that no more UNION jobs would be shipped overseas....and now ford and GM are both looking at bankruptcy, and are this week asking congress for a
bailout of their own......
The biggest complaint I hear listening to radio talk shows is that monetarily wealthy people will be paying more if a certain person is elected
president and that spending will increase.
Then you haven't been listening closely; no offense to you, but most of the folks at ATS, and maybe you too, are young people who are in college or
just embarking on a career. Many of them are frankly in the prime of life, and focused on new and exciting concepts they are learning at school, or
the social scene. Good times.
But republican tend to be older folks; people who are maintenancing the biggest debts a consumer in america has: a house, car payments, medical costs
for children, school costs, etc. Even more, they tend to people in management positions, or who are trying to, or have run their own businesses.
In most industries, 5% is a reasonable profit--a good return on your volume of business. But if the government plans on changing the tax rate by 6%
next year, you stand to lose your profit, maybe your job or business.....depending on what congress or your state govt MAY decide to do to you.
Even worse, many republicans are old enough to have tried to operate a business during the PREVIOUS democrat congress. The congress which once
introduced a "retroactive tax increase." Meaning that if you had set aside quarterly payments for your business for the past 9 months, and thought
your were making a profit, suddenly your business owed another 8 or 10 percent! you ALREADY owed it. So you were overnight in the loss column. And
not because you did anything wrong--not even because of the budget deficit---but because congress COULD do it and expect to get re-elected (they
But again, most young voters have no knowledge of, or interest in past history, or even the dangers of risking your life savings to try and start a
business. Most of them go to college where daily attendance is not even measured. They go to college every semester buy signing student loan
agreements to be paid off "someday" (just like the federal defecit); they see business as inherently evil, republican, and oppressive.
And they like Obama. He talks about hope. change. Nothing boring like trying to run a business where the government plans to confiscate 28% of your
profits, and then force you to pay all kinds of benefits to your workers that you don't qualify for yourself, as the business owner. You have to
insure their employment, but no one insures you'll still be in business next year.
I ask: what administration has been in charge for the last eight years that has lead to banks and huge companies going broke, causing a 700 billion
dollar “bail-out” for the rich criminals that should be in federal prison, which in turn has become over a trillion?
Ask Nancy Pelosi. Or you could ask your state education department why they have cut civics classes from schools, where you should have learned that
all spending bills originate in the House of Representatives, not the white house....
They say that oil companies have to increase price because of the increase in crude imports. If this is so, how are they breaking profit records for
any company at any time in history?
By moving their refinery operations to Africa, outside the reach of the EPA, EEOC, and other regulatory agencies. They have made the biggest cash
profits, because America's refusal to refine its own oil, or to build new refineries, has put them at the helm of the BIGGEST US industries.
As for highest profit returns on investment, big Pharma has made almost twice as much as oil. But since their money goes to democrats in congress
(like obama!) you won't be hearing about that--the single most profitable industry in the US, and not hearings about it, although it costs you more
annually that the price of gas, in terms of your healthplan. If you work for a living, that is.
Again there are two sides to every coin. The liberals try to make you beleive that republicans are either billionaires, or dupes. That's to keep
you from ever identifying with the entrepeneurial class--the people who actually pull America out of its recessions.
It is the people who start small business that are the goose that lays the golden eggs for this country. The harder it is to do business, the worse
the economy gets.
I agree with you on one thing, the bailout is a disaster for america. They guarantee a profit for big businesses that couldn't compete. One story
you won't hear about untill the off-year elections in 2010 is that there is a huge "house-cleaning" coming within the Republican party (especially
with a mccain loss!!!!) to remove the corporate control of the party. It happened before, in 1994.
IF the democrats control the presidency and both houses for the next two years, they may be held to a pretty exacting standard in 2012. Indeed, there
are lot of correlates this year with the elections of 1992; but I suspect even more with 1976.
all the best.