Posts Tagged ‘American’

Unintended Consequences…

August 20, 2009

Let’s assume for the moment that President Obama and the current Democrat led circus get their wish and pass the National Health Care fiasco. EVERYONE will be able to go to the doctor and all of the ills will be cured…..for a “reasonable cost”. Whew, everything is perfect now.

Only to get to the “reasonable cost”, the government is setting price controls on Doctors, Hospitals, Pharmaceuticals, etc.  Do you think that these groups will LOBBY the people that make those decisions??  You know, kinda like the Pharmaceutical companies are planning on spending $180 MILLION just for advertising FOR the National Health Care plan currently proposed.  They will try and convince whoever is making the decisions about “reasonable cost” that their “costs” are more “reasonable than another groups “costs”.

Pretty soon, the government is going to “CAP” doctor pay.  Think they can’t??  Ask the banks or wall street firms or car manufacturers or insurance companies that were just told what they could pay someone.  Or just ask the Pay CZAR.  OK, so what if they “CAP” doctors pay?? you say.

I see ALL of the best doctors moving their practice OFFSHORE.  Do you think that these doctors, who have plenty of money, won’t move, to say….Bermuda (or someplace similar), to set up a practice for the people that can afford the best care?  The weather is great, there are no income taxes, costs are much less, and they would not have to deal with the government of the USA!!!!  The rich will STILL go to them for the BEST care and might complain about the cost.  Then again they might not complain.

I will not blame the doctors that discover offshoring.  If any doctor reading this needs help moving, please, send a comment.  I’m sure we can work something out.

Cost of Government Day

August 11, 2009

This year (2009) is the LATEST cost of Government day EVER. It occurs on August 12th.  It beats the previous longest year by 23 days.  That is MORE than 3 weeks, that every American (you know, those of us who work) had to work, to PAY for the Government.

How does that make you feel???

Do not worry, the rest of the year you can work for yourself and your family.  The Government will not be back UNTIL the New Year.

P.S.  This date does NOT include any of the costs of Cap and Trade and it does NOT include any of the costs for National Health Care!!!!

President Obama is a GENIUS…

July 31, 2009

CLANK, CLANK, CLANK…..
Please make sure your lap bar and seat belts are securely fastened and please keep your hands inside the car for the entire ride…..
CLANK, CLANK, CLANK…..

That is the sound of the roller coaster that we are now on.  DO NOT worry about the budget deficit or any of the “money” that the USA currently owes, President Obama and friends are going to make it so SMALL that we will have no trouble paying it off.

I know, I know, all you hear about is how large the National Debt is getting.  I mean, $1 TRILLION dollars SOUNDS like a lot of “money”.  But, is it really??  In 1960, $1 million dollars was a lot of money.  Heck, in 1990 $1 million dollars was still large.  In 2000, I would argue that billion became the new million.  Even Forbes listing of the richest people no longer includes multi-millionaires.  Soon, trillion will be the new million.

With spending (National Health Care, Energy Cap and Trade, Stimulus I, Stimulus II, etc.) that President Obama, the Democratic Congress and the Democratic Senate are trying to FORCE upon the American public, the deficit is getting out of control.  Bernanke says that He can remove the excess “money”, that He has been printing 24/7 as fast as the printers will run for the past 8 months, from the system AS SOON AS it is needed in order to ELIMINATE the threat of INFLATION.  For the moment, let’s assume that He CAN do this.  Does He believe that EVERY central banker in the world CAN do the same thing.  At this point almost every country in the world is flooding the system with currency. (at least $800 BILLION from the USA, at least $500 BILLION from China, at least $70 BILLION from England, at least $370 BILLION from the European Union, at least $80 BILLION from Russia, at least $154 BILLION from Japan, at least $47 BILLION from Canada, etc.).

In my opinion, we are heading for a dose of inflation, that may even turn into HYPERINFLATION.  This is the type of inflation that means you add a ZERO to anything that deals with money, basically overnight.  That $3 gallon of milk now costs $30, that $40 dollar tank of gas now costs$400, that $6 lunch at McD’s now costs $60….you get the picture.  When this happens, our National Debt will NOT go up as fast.  See how SMALL it is getting?

Do not worry about what will happen to you when your wages/salary do not increase as fast as inflation, the government will take care of you.

Remember when President Obama lied said that He would NOT raise taxes for anyone making less than $250,000.  He is almost correct.  First, he is going to raise taxes, and then…….wait for it………..you will be making MORE than $250,000.  How is that going to happen?  Remember when I said you add a ZERO to anything that deals with money?  If you are making $25,000/year now, soon that will be the same as making $250,000/year.  See how SMALL the National Debt is getting?

Here is the best part.  Right now, the top 10% of earners pay 71% of the federal income tax collected, and 32% do not pay ANY federal income tax.  After we add a zero to everyone’s pay, the bottom 32% will START to pay taxes (FINALLY), because the tax code is NOT adjusted for inflation.  See how SMALL the National Debt is getting?

But, do NOT worry what is going to happen to you during the transition.  It might get a little bumpy for YOU personally, but the National Debt is getting so SMALL!!! 

President Obama and friends are GENIUSES!!!

CLANK, CLANK, CLANK…..enjoy the ride!!!!