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Re: What happens when the "rich people" bail out?
What exactly do you mean "bail out?"
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"Jesus said: I have cast fire upon the world, and behold I guard it until it is ablaze." Gospel of Thomas |
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Re: What happens when the "rich people" bail out?
They'll follow Halliburton to Dubai?
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When they come a wull staun ma groon Staun ma groon al nae be afraid Thoughts awe hame tak awa ma fear Sweat an bluid hide ma veil awe tears |
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Re: What happens when the "rich people" bail out?
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It's also these "rich people that are the best" at moving jobs and money offshore, damaging the environment, exploiting workers, gulling consumers, and generally jobbing the system for their own benefit. So it's perfectly acceptable to ask them to shoulder a large part of the "burden" of keeping this country great for all of us.
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A nation of slaves is always prepared to applaud the clemency of their master who, in the abuse of absolute power, does not proceed to the utmost extremes of injustice and oppression. Edward Gibbon |
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Re: What happens when the "rich people" bail out?
When the cost of maintaining civil order becomes greater than the benefits of residence. That's dependent on the ability to maintain privacy and lifestyle through control of LE and the military.
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Re: What happens when the "rich people" bail out?
Society provides the environment necessary to accumulate wealth, and rich people are the ones that benefit most from society. They should contribute more. Not to mention it's in their own interest to protect the system which allows them to be rich in the first place.
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Re: What happens when the "rich people" bail out?
This is the kind of thing that afflicts rich people in countries that do not have adequate business regulations and taxation. Like indonesia for example where rich people have to live in protected compounds with their own electrical generating capability and need bodyguards for themselves and their families whenever they venture out. The cost savings from not being taxed or regulated are reduced by the cost of providing your own security and infrastructure and of course by the bribes that are endemic in such a system. Then there is the cost of sending your children to europe or the US for their education
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A nation of slaves is always prepared to applaud the clemency of their master who, in the abuse of absolute power, does not proceed to the utmost extremes of injustice and oppression. Edward Gibbon |
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Re: What happens when the "rich people" bail out?
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I don't know how much exposure you have to US residents of moderate to vast wealth but you've pretty well defined their lifestyles in metropolitan areas though the generators are normally for back-up purposes. |
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Re: What happens when the "rich people" bail out?
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A nation of slaves is always prepared to applaud the clemency of their master who, in the abuse of absolute power, does not proceed to the utmost extremes of injustice and oppression. Edward Gibbon |
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Re: What happens when the "rich people" bail out?
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http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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Re: What happens when the "rich people" bail out?
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Is our children learning? -George W. Bush "I think—tide turning—see, as I remember—I was raised in the desert, but tides kind of—it's easy to see a tide turn—did I say those words?"—Washington, D.C., June 14, 2006 "[T]he illiteracy level of our children are appalling."—Washington, D.C., Jan. 23, 2004 Last edited by AjaxPress; 06-01-2007 at 11:52 AM. |
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Re: What happens when the "rich people" bail out?
Halliburton is a mere tip of that iceberg. The only industrial expansion in the US is by foreign companies servicing US consumer markets. They generally locate in rural areas where local politicians give away the tax base to get low paid jobs, dominate their markets and remove all profits to their home countries. Any company with global markets has already fled the US to serve those and US markets, along with their capital. We got fat and lazy, pushed the general US standard of living to an unsustainable level and now we're going to pay the price.
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Re: What happens when the "rich people" bail out?
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The only ones bailing out are the thieves who are stealing and swindling US taxpayers, using immoral and illegal means to obtain wealth and those government folks who are helping to making it happen.
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"To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical." ~Thomas Jefferson "There is Still No Such Thing As a Fair Tax" |
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Re: What happens when the "rich people" bail out?
Quote:
__________________
http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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Re: What happens when the "rich people" bail out?
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