More thoughts on the Nation
The FDIC: News about the FDIC is raising more concerns about the financial systems-The FDIC want a 900% increase in fees for deposit insurance. They want more money from failing banks who have none. Kinda reminds me of the overdraft fees. I always thought it was pretty mean-spirited to charge people more money when they have none in their accounts putting them in the negative. Of course, the major difference is that when the banks can't come up with the money, Americans will have to pay for this. Double-Whammy! First, the government takes money for taxes off the top of our income then we have to give from our after-tax money to pay increased fees to put our money in the banks that are failing! Wham! Wham! No, those who make under $250,000 will not have their taxes raised! Lies, lies, lies!
Think about this! We are the proud owners of the Big Three Automakers, big banks and major insurance companies (considering we paid for about 40% of the companies). Well, truth be told, the government owns it, not us. If that is not nationalized, that I don't know what is. What's worse is that the government are part owners in struggling manufacturers. It has got to stop! We can't keep bailing out companies or there won't be any free market left.
The major part of the taxes that will be paid will come from those who make more than $250,000. Right? Well, small business owners (those who employ up to 250 employees) make up about 68% of those who make just over $250,000. I thought that Obama said that "middle class comes first"! Another lie! Did you know that about 70% of the jobs in America are with small businesses? So what does that tell you? How is this helping small business? Either they have to go to the government to get those loans that the President said he wanted to make available to small businesses or they have to cut employees. If they get one of those stimulus loans, then once again, the government has effectively bought your business. The government will now have more control over what you do with 'the American Dream' and regulate everything your company does even more than it already does. Is this the republic that our forefathers established? Or is the predictable cycle of civilization that I wrote about before. Compliancy (to conform) flowing nicely into apathy? Apathy is defined as a lack of interest in anything, or the absence of any wish to do anything. Sound familiar? Have you not seen this in the new generation? Do the young people of today have any idea what it means to be passionate about anything important?
- -- Posted by OpinionMissy on Tue, Mar 3, 2009, at 8:59 AM
- -- Posted by OpinionMissy on Tue, Mar 3, 2009, at 4:41 PM
- -- Posted by ExInternMike on Thu, Mar 5, 2009, at 1:38 AM
- -- Posted by ExInternMike on Thu, Mar 5, 2009, at 1:56 AM
- -- Posted by ExInternMike on Thu, Mar 5, 2009, at 4:03 AM
- -- Posted by OpinionMissy on Thu, Mar 5, 2009, at 8:48 AM
- -- Posted by censored on Thu, Mar 5, 2009, at 4:17 PM
- -- Posted by OpinionMissy on Sat, Mar 7, 2009, at 3:28 PM
- -- Posted by twilcox1978 on Mon, Mar 9, 2009, at 2:02 PM
- -- Posted by twilcox1978 on Mon, Mar 9, 2009, at 2:07 PM
- -- Posted by twilcox1978 on Tue, Mar 10, 2009, at 4:55 PM
- -- Posted by twilcox1978 on Wed, Mar 11, 2009, at 12:58 PM
- -- Posted by twilcox1978 on Thu, Mar 12, 2009, at 11:13 AM
- -- Posted by twilcox1978 on Fri, Mar 13, 2009, at 10:24 AM
- -- Posted by twilcox1978 on Fri, Mar 13, 2009, at 4:42 PM
- -- Posted by kimkovac on Sat, Mar 14, 2009, at 12:57 AM
- -- Posted by twilcox1978 on Sun, Mar 15, 2009, at 2:35 AM
- -- Posted by ExInternMike on Sun, Mar 15, 2009, at 2:43 AM
- -- Posted by twilcox1978 on Sun, Mar 15, 2009, at 12:37 PM
- -- Posted by twilcox1978 on Mon, Mar 16, 2009, at 11:54 AM
- -- Posted by twilcox1978 on Thu, Mar 19, 2009, at 9:57 AM
- -- Posted by twilcox1978 on Sat, Mar 28, 2009, at 2:08 PM
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