Did
you know that over this past weekend the French Supreme Court threw out
the 75% income tax levied by France’s new Socialist Government just a
few weeks ago? It was ruled to be unconstitutional. Some interesting
facts about the tax increase. First it would only have affected about
1500 people. Those would be the ones earning over one million euros a
year. Several of those top earners have already moved themselves and/or
their assets out of France as any thinking person would do. England
published a letter inviting the tax refugees to live in Great Britain.
President Hollande’s new government now is saying the amount of actual
money the tax increase would have generated would have been negligible
anyway. What? You mean all this nonsense over an amount which would have
been negligible anyway? California, Illinois, and yes Washington DC,
are you paying attention?
Secretary
of State Hillary Clinton has been hospitalized for a blood clot. She so
far has ducked the Congressional inquiry regarding Benghazi because of
her fall and subsequent concussion. Now she has a different excuse. Some
have proffered that this is all phony baloney and that all that is
happening is her attempt to get out of testifying. What do you think? Of
course there are those who criticize the accusers for questioning
Hillary’s integrity. Personally, I think most political figures deserve
our skepticism. Most of them are just not credible. Like Fox News, I
report, you decide.
As
of this writing no deal has been reached concerning the “fiscal cliff.”
I believe something will be done but I do not believe it will be a
solution. It will instead be another exercise in can kicking down the
road. As far as I am concerned we deserve the type of government we have
elected. If I were serving this nation in Congress, I would favor
giving the Democrats anything and everything they asked for, thereby
making the ensuing failure in our economy their problem. Fiscal
responsibility is something that can only be learned when someone has
hit the bottom. When that bottom has been reached, recovery could happen
but only with sane, responsible, economic decisions. That would
pronounce the end of the modern Democrat Party. Maybe then sound,
intelligent, Democrats would return to that party and revive it as a
viable force in the success of this country. That would not be good news
for Pelosi, Reid, et.al., however.
On
another subject, there has been a lot of conversation recently about
concussions in football, both professional and college. Players are
launching themselves and making helmet to helmet contact. The result has
been an increase in serious injury and concussions. I have two simple
answers. Number one, either remove the helmets from all the players or
arrest any offender for assault who does it. I guarantee the illegal
contact would end, period.
I
am writing this essay on the final day of 2012. Tomorrow begins a new
year and in some respects a new beginning. I believe it is the beginning
of the end of liberalism. It is obvious that we cannot continue to
support the massive unfunded liabilities conferred on us by our past and
present spend happy Congresses. We either stop it now and turn around
or we go over a real cliff. Unlike Greece, there will be no one there to
bail us out. Sadly the rest of the world will also suffer, and in some
cases irreparable harm, by our economic failure.
I,
therefore, choose to believe we will come to our senses and take hold
of this runaway government and bring it back to its proper place. It is
clear to me that failure is just not an option.
Ron Scarbro
Wednesday, January 2, 2013
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2 comments:
I agree with most of your comments but I do feel that you are extremely optimistic.
As for the tax, if you notice most of the pro athletes live in Florida or other states that have a low income tax rate. Also explains why most rich retirees live in Florida. It therefore stands to reason if you tax the wealthy here, they will move on to some other country that doesn't tax income as much. If you will also notice, a lot of European athletes are moving to Florida, again to escape high taxes. You would think that Congress would take notice of this. Surely they are smarter than I yet I, and you, see it but they are blind as bats to the obvious. Most of those idiots are Harvard and Yale graduates, yet are dumber than posts and failed "common sense 101". God help us all!!
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