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Friday, November 4, 2011

Trillionaires, Billionaires, Higher Taxes, and interest rate charges are to blame for the world wide economic problems.


The more corporations are taxed, the less they will spend on new employment, even less than they currently do.


I believe our economic issues are entirely related to interest rate charges. The endemic belief that interest rate charges are normal and ongoing is destroying everybody but the trillionaire's wealth base.


Democrats like to talk about how past taxation created successfully run government public jobs programs over the past 85 years. However what fails to get mentioned is that whenever the government used taxation to create a public jobs program, that program actually helped increase the efficiency of some aspect of our industrialized nation.  


Whether it was making roadways, laying down sewage pipes, phone lines, building the Hoover Dam, dredging the Mississippi River or buildinga new suspension bridge where one did not exist before, anytime the government converted tax money into job generation they were creating new and more efficient ways for small and large businesses to create commerce.


85 years later, and much of the country and the world is built out. The types of government projects that resulted in increased commerce 85 years ago either are now too costly to perform or would directly compete with businesses already doing the same kind of work. 


The answer to our present economic woes is for all the trillionaires and billionaires to accept the concept that their money is NO LONGER NEEDED. Trillionaires and billionaires no longer need to be getting the highest rate of return on their deposits or investment opportunities. 


Until lower interest rates returns on secured bank deposits happens, the trillionaires and billionaires are to blame for the present economic destruction of main street. Trillionaires and billionaires should be getting the LOWEST rate of return on their secured bank investments.


Higher taxation and paying the highest interest rate of return to the trillionaires and billionaires puts too much pressure on wall street and other investment portals to find higher profit margin investments. 


The result is a strong and steady U.S. companies are blindsided by wall street and the investment fund managers who then try and create the same company in other countries where profit margins are higher and the work force is paid much less. All in the name of meeting the profit requirements as dictated by the trillionaires and billionaires. 


NOBODY ever talks about interest rates dividends and charges and the destruction they are teeming on a global scale, and it just freaks me out.


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1 comment:

Alessandro Machi said...

This just in from NewsMAX...

"But in the span of only a decade, the American dream has vanished, becoming nothing but a mirage."

A decade, as in from the moment that the government and the federal reserve abdicated their responsibility to the american people and used that newly found free time to send us into wars instead?

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