Start stockpiling people, the world is getting very interesting. After months of refusing to fall in with the people I thought of as Chicken Littles, I have to admit, a Recession is in fact coming, and is already present here in Kansas.
As grains like Corn and Wheat rise in price 8% a year, with Rice and Wheat up 13%, Dairy up 10%, Eggs up a record 30%, and Meat up between 4.8% and 5.4%, the signs are clear. Rationing is coming back to this country. In fact, two major retail stores, Sam's Club and Costco, have already started rationing Rice and Wheat as people go out and stock up because of perceived food shortages.
As China and India demand more food to feed their people, and fuel companies continue to divert food away from the dinner table and into our gas tanks, prices will continue to rise. While I cannot call shame upon India and China for feeding their people, I have to cry shame on another group.
Shame on TIME Magazine for their recent cover replacing the Flag with a Pine Tree in the historic Iwo Jima picture. Shame on them and all the rest of Al Gore's friends for continuing to push Ethanol though it has been shown to be less efficient, more expensive, and even carcinogenic. Shame on those who have pushed the Global Warming agenda even as the data swings away from them and toward the Helions.
If we do not stop this, we will see a further 100 million people in the developing world pushed into poverty, and Food Riots like those in Haiti, Egypt, Indonesia, Iraq, and the Philippines will spread further, and might even reach the United States in Worst Case scenarios.
Kansas, California, Nebraska, Florida, and Minnesota are all sliding. The Stock Market is sliding, with Berkshire Hathaway A having slid down a full 1,000 points. My friends and readers get ready. If we fall into a full blown Depression, it will be a slow slide, not the sudden collapse seen in the infamous Black Thursday.
At least I have Clinton v Obama to entertain me.
Friday, April 25, 2008
Friday, April 11, 2008
The True Story of the Economy
Okay folks, time to get some facts straight. First of all, 40% of this
nation made money off of the Income Tax. That's right, the bototm 40% of
this nation got more out of the Income tax than they paid into it. and
the bottom 50% paid in a grand total of 3%. If they where to stop paying,
then the governmetn would notice almost nothing. This is for one
important reason. The top 1% pays 40% of the taxes, and the top 10% pay
70% of the taxes.
That's right, the top 10% pay 70% of their taxes. Is it any wonder that
they create tax shelters? Is it any surprise that the top 1% store their
money in those fabeled "Swiss bank Accounts?"
No. It isn't. If we keep up this "Tax the rich" theory, then we are
going to see the rich leave as their income tax reaches 80% to 90% of the
taxes paid into the government. Once they leave, then this country will
go down the shithole. We need to scale back spending, scale back taxes,
and try to motivate that lower 40% to make more money.
One of the best things I can come up with is this. Voting based on
taxation. Corporations do this, and it has worked well in the past, in
which the more money you have invested in the government, the more you say
in how to run this nation. If you pay more money into the government than
you get back, you get one vote. then, for every $25,000 you pay into this
government you get another vote up to a maximum of five votes. This way,
those who have more money invested in this government get more say in how
it is run.
Now, some will hurl epithets at me, but it actually makes sense for one
very important reason. A democracy can only last until people discover
that they can vote money out of the public treasury and into their own
pockets. By allowing those on welfare to vote, then you will continue to
see money sapped away by people who vote themselves more money.
Look at the sheer amount of waste being spent on by the government.
Archaeological studies on how ancient Americans washed their dishes, a
bridge to nowhere in Alaska, subsidizing wild blueberries. The sheer
bueracracy of the government in general wasts tens of billions.
And then, you have that Feel-Good nonsense with Minimum Wage. Numbers
from the Department of Labor shows that 90% of those on Minimum Wage
actually spend less than a year on minimum wage. When you increase the
wages of minimum wage, then all you do is cause those who are on Minimum
Wage at the time to face job loss. Last hired, first fired. On top of
that, you cause hiring slow downs, because a company now has less money to
spend on hiring people.
And, before you start hurling epithets my way, just know, that under this system, I would have no vote. On top of that, I would not benefit from these minimum wage hikes, though I would be more likely to get a job without them.
nation made money off of the Income Tax. That's right, the bototm 40% of
this nation got more out of the Income tax than they paid into it. and
the bottom 50% paid in a grand total of 3%. If they where to stop paying,
then the governmetn would notice almost nothing. This is for one
important reason. The top 1% pays 40% of the taxes, and the top 10% pay
70% of the taxes.
That's right, the top 10% pay 70% of their taxes. Is it any wonder that
they create tax shelters? Is it any surprise that the top 1% store their
money in those fabeled "Swiss bank Accounts?"
No. It isn't. If we keep up this "Tax the rich" theory, then we are
going to see the rich leave as their income tax reaches 80% to 90% of the
taxes paid into the government. Once they leave, then this country will
go down the shithole. We need to scale back spending, scale back taxes,
and try to motivate that lower 40% to make more money.
One of the best things I can come up with is this. Voting based on
taxation. Corporations do this, and it has worked well in the past, in
which the more money you have invested in the government, the more you say
in how to run this nation. If you pay more money into the government than
you get back, you get one vote. then, for every $25,000 you pay into this
government you get another vote up to a maximum of five votes. This way,
those who have more money invested in this government get more say in how
it is run.
Now, some will hurl epithets at me, but it actually makes sense for one
very important reason. A democracy can only last until people discover
that they can vote money out of the public treasury and into their own
pockets. By allowing those on welfare to vote, then you will continue to
see money sapped away by people who vote themselves more money.
Look at the sheer amount of waste being spent on by the government.
Archaeological studies on how ancient Americans washed their dishes, a
bridge to nowhere in Alaska, subsidizing wild blueberries. The sheer
bueracracy of the government in general wasts tens of billions.
And then, you have that Feel-Good nonsense with Minimum Wage. Numbers
from the Department of Labor shows that 90% of those on Minimum Wage
actually spend less than a year on minimum wage. When you increase the
wages of minimum wage, then all you do is cause those who are on Minimum
Wage at the time to face job loss. Last hired, first fired. On top of
that, you cause hiring slow downs, because a company now has less money to
spend on hiring people.
And, before you start hurling epithets my way, just know, that under this system, I would have no vote. On top of that, I would not benefit from these minimum wage hikes, though I would be more likely to get a job without them.
Labels:
Lower Class,
Tax the Rich,
Taxation,
Upper Class
Tuesday, April 8, 2008
The Right To Smoke
Well, this has become a hot button topic in my world, mainly because Kansas City has banned smoking in bars and restauraunts. Now, while I can see where the health advocates are coming from on this, I must whole heartedly disagree with them on this.
There is a major reason for this. It sets a dangerous precedent. You may be asking me what I mean by this, I have a few examples. For example, in Golden, Colorado, it has recently become illegal to smoke in private residences by order of the Home Owner's Association. In Ontario, it is illegal to smoke in a car if there are children present. And in Britain, there is currently a debate over wether or not to ban smoking period without a liscence from the government.
So, what is the future of the united states in general if we ban smoking in public places? We have already banned it is public establishments, so what is next? I say, be careful people, because every action has an equal and opposite reaction. Cause and effect.
And thus, you have to be careful as to how you vote, because every action, every theory, has a logical conclusion, and that logical conclusion is usually considered extreme at the time, though with 20/20 hindsight it all makes so much sense.
There is a major reason for this. It sets a dangerous precedent. You may be asking me what I mean by this, I have a few examples. For example, in Golden, Colorado, it has recently become illegal to smoke in private residences by order of the Home Owner's Association. In Ontario, it is illegal to smoke in a car if there are children present. And in Britain, there is currently a debate over wether or not to ban smoking period without a liscence from the government.
So, what is the future of the united states in general if we ban smoking in public places? We have already banned it is public establishments, so what is next? I say, be careful people, because every action has an equal and opposite reaction. Cause and effect.
And thus, you have to be careful as to how you vote, because every action, every theory, has a logical conclusion, and that logical conclusion is usually considered extreme at the time, though with 20/20 hindsight it all makes so much sense.
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