Tuesday, December 6, 2011

Dec 6th - Political Commentary - It's Not My Fault

All comments below are on articles on today’s CNN Money web site.

Let’s Punish Business
For those of you who think that more punishing taxes and more regulation of business is the answer take a look at the response you can expect from business.

Illinois recently raised it corporate taxes. Sears Holdings, 6100 Illinois employees, and CME Group, which operates the Chicago Mercantile Exchange, have both stated that unless there taxes are lowered they are leaving Illinois. Earlier this year Caterpillar threatened to leave Illinois.

Earlier this year 16 companies have already moved all, or portions, of their operations from Illinois to Indiana. The Indiana Economic Development Corporation claims that these move brought 1,500 new jobs and more than $305 million in investment to Indiana.

Companies are not going to just move from state to state, the rate that they are fleeing the United States is going to increase. Why would they stay here and have to deal with workers who don’t want to work, governments who want to control every aspect of their business and governments who want to use them as a means of increasing taxes on people. Remember, companies/corporations don’t actually pay taxes, they just pass the cost of those taxes through to the person who buys their product. In the end “We the People” pay all taxes because we are the end consumer.

The Occupy Mob
Who is preventing the police and judicial system from enforcing our laws?
According to CNN the Occupy mob have stated that they are taking new action, Among the actions expected to occur is so-called foreclosure defense, where protestors try to stop police from evicting residents of homes that are being foreclosed upon. Protestors also plan to occupy homes that have already been foreclosed on and currently lie vacant.”
Blatantly illegal actions that will no doubt again be overlooked by police.
 
It Always Somebody Else’s Fault
More from whiners who blame business for doing what business is supposed to do, make money for their investors. "Big energy companies don't give a rat's ass about them," said Robson. "So, there they are, our community's youth, without a higher education to fall back on, up to their eyeballs in debt, and too young to know they should have put some money away for these types of situations."
This guy is blaming business because people who made the choice to go to work in the energy industry, rather than pursue additional education, have found that they now don’t have all the opportunities of those who passed up the opportunity for a quick buck and who went on to advance their education. It amazes me that no one seems willing to take responsibility for the bad choices that they have made. Buy a house you can’t afford and it was someone else’s fault. Don’t take advantage of additional education and it is someone else’s fault. Don’t save all the big money you make by taking a high paying job that doesn’t last and its someone else’s fault.

Government Spending is the Problem
We don’t need more taxes, we need less government. In the past 40 years per capita spending by the federal government has more than doubled, in inflation adjusted dollars. The Feds currently spend $12,000 per citizen per year. Thank God that I’m not getting my $12,000 worth of intervention from the feds. Federal government spending needs to be cut, as a minimum, back to 2000 levels, when it was only $8,000 per citizen per year. If those in DC would do that we would not have budget problems. I’m willing to live with only the services I got from the feds in 200 it the feds will agree to only spend what they spent in 2000.

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