Posted on 03/29/2011 2:48:49 PM PDT by Rca2000
Corporate globalist types are hiding it in offshore bank accounts and they’re not giving it back without a fight. Not only do they outsource AMERICAN jobs but our government pays them to do so! See my tagline.
The point that a previous poster made about the debt is also very important. Instead of choosing between the low-tax low-service conservative model of government or the high-tax high-service liberal model, our so-called representatives are cutting taxes like conservatives, spending like liberals, and borrowing or printing money to make up the difference.
I took a few hundred thousand dollars out of American investments and sent the money to investments in foreign countries because I have no faith in any branch of government (especially the Fed) to do the right thing.
That’s where my money went. To places with a better investing climate.
Plus, housing is no longer effectively “Free” (liar loans, no downpayments, etc.) so that housing now has a positive cost. That’s a huge difference, when your house is now a potential liability and cash sink rather than an asset and a cash generator.
0bamanomics is working!
Incomes are more equal than ever!
(We’re all becoming equally poor, just like every other socialist experiment in history).
Find out what K-12 teacher salaries are there.
Exported manufacturing industry, very little is really productive now except for agriculture, a lot of paper shuffling and “service” industries, entitlement programs, and financial bubbles that pop and take a lot of assets along with them. And the change from ‘Proud American Contributor’ to ‘What can you do for MMMEEEE’.
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