Posted by
Dave Kooker on Thursday, March 06, 2008 2:49:54 PM
Our pro-choice peace-loving Liberal (Socialist) friends always love to instigate class warfare against the rich. It is those nasty individuals receiving incomes of 100,000 dollars plus per year that are stealing from the hungry mouths of the poor children. It is unimportant that the individual has actually earned the money. The connotation of receiving or owning a million dollars just sounds evil to a Liberal. The buying value of the money is incorporeal to the argument.
Liberals could learn something from Zimbabwe’s dictator Mugabe. Direct the class warfare of the middle and lower class income earners against the rich (excluding the political class) to divert attention from the economy.
In Zimbabwe, $1 U.S. now buys $25 million
African nation battles world's highest inflation, pegged at 100,500 percent
http://www.msnbc.msn.com/id/23485844/
At Zimbabwe’s rate of inflation you could be well off at breakfast, middle class at lunch and poor by dinner. Then you could apply for government benefits and start the whole process over again the next day.
Since our currency system was removed from the gold standard, the value of our currency is merely based on foreign economy speculation and the overall health of our American economy. The Federal Reserve can simply devalue the American dollar. Internal Revenue Service holds firm on the dollar values of its tyrannical progressive tax structure.
As the purchasing value of the American currency drops, individuals need to earn increasing more units of currency to buy the same items. Inflation quickly begins to feed on itself. The individual who used to earn 50 thousand dollars now has to earn 100 thousand dollars to maintain the current lifestyle.
All of a sudden the middle and lower class income earners find themselves in the same tyrannical progressive tax structure of the rich that they love to punish.
The end result is that the tax base is destroyed and the promised social programs cannot be funded. And then again when has a compassionate Liberal ever concerned themselves with the consequences of government policy? When will Liberals (Socialist) ever realize that a country cannot be taxed into prosperity? It has never occurred in 80 years that it has been attempted.
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