Emotion aside and notwithstanding the vast debts that he will inherit Mr Barak Obama has only two choices. He has to spend more money he doesn't have to solve a problem he did not create OR ....
Oh gosh is there another choice?
Oh yes he can raise taxes to pay for the cost of the big repair job he has to pull on the USA, if the place is to have a prosperous future... The US market economy is, in many key areas too Oligopolistic for its own good and it needs to get back to the core principles.
And Gosh again, that will take us back to where we have been... If you burn your hand once putting it on the hot stove [and we have probably put our hands on the stove often] should we demonstrate stupidity by doing it again/
However we need taxes, and Mr Obama a tech savvy man one understands has got a lever no national leader in the so - called free world has ever had before ... HE HAS HIS FOOT ON THE THROAT OF THE FINANCIAL SPECULATOR PLAGUE AND PESTILENCE COLLECTION OF WOEFUL MISBEGOTTEN THIEVING MISFIT BANKERS LIKE NO LEADER HAS HAD IN THE HISTORY OF THE WORLD
This means that he can do something no political leader has ever been really able to do ... dip directly in the fast flowing financial stream.
By tapping into the national payments system with a democratatically controlled micro levy on all financial transactions BO is in a position to effect a revolution in taxation theory on a par with discovering theat the world was not flat.
A micro levy on payments through the system places the burden of tax on all who use the system according to the size of the transaction. This relaeses money at the present end; where its existance is a haemorrage scale wound on upwardly mobile aspirants. How can the state take taxes from a person [citizen] and then allow the money that could have saved the mortgage not be used to help that person out... [sic] on enterprise?
Mr Obama can do what others have done: vast socialist type public works exercises have been successful in the past and will undoubtedly be so again... especally since the advent of the [un] free [oligopoly prone] mass marketing era has seen financial rape of the people become de rigeur [sic].
Logic suggests that the switch of core taxation from an "earner pays" to a "user pays" format would be more efficient than the present system and would involve less conflict wityh the presently overburdened taxpayer and would therefopre facilitate a faster turnaround in the coming New Depression... the word that no one dares to name..
We have recently learned that the USA has been in recession for a year now and shows no immediate signs of remediation... How many months do the facile "coupon clipping" managers of our managerial capitalist bureacratic "sclerotic" global economic system have to let pass by, before they realise that this probnlem needs a permanent solution... These solutions that have us prey to the booms and busts caused by predatory hordes of gloriously well fed and nourished piranha class financial speculators must come to an end, now that we have entered the era of elecronic funds transfers.
Unless you think it is all going to end in a year or two in the "end of days" event long heralded, by the irrationalist class, with its magisterial final cataclism... In which case then lets us by all means follow the same path as that which has stood us well for a few thousand years.
Friday, December 19, 2008
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