Property values continue to drop, as long as they continue to drop, we won’t have monetary inflation. This meltdown is just getting started.
Tags: finance, Financial Crash, Financial Lending Contraction, inflation, meltdown, monetary, property value
Tags: censorship, government, supreme court
The upshot of the decision is that “the Government may not suppress political speech on the basis of the speaker’s corporate identity.”
Tags: bankrupt, california, government, legislature, marijuana, section 8, state workers union, union
California is bankrupt with surging unemployment and a population shrinking by a third of a million people a year; meanwhile state lawmakers are working on legalizing Marijuana.
First, they estimate nearly a billion dollars in tax income based off an estimated consumption of Marijuana, considering and Marijuana is largely illegal, I consider their estimate unreliable. Second, we must assume the vast network of illicit drug producers, traders and customers will suddenly want to start paying taxes, it’s important to keep in mind that successful business without taxes is far more profitable for producers and far more affordable for consumers. Considering the acceptance of illegality of this industry and it’s consumers I doubt much tax income for the foreseeable future.
If the state of California is really serious about financial solvency, it needs to enforce the anti union laws against the state workers union and cutback on public housing and welfare.
The problem isn’t the section 8 people, the problem is the state being broke, which can be corrected by breaking up the illegal state workers union and by cutting back or eliminating section 8. Legalizing illicit drugs and identifying new tax income opportunities isn’t going to correct state leadership which isn’t interested in balanced check books, what’s gained without sweat is given away without regret, and that is how the state treats tax income.
Tags: government, income, inflation, Obama, prices, robbery, stealing, tax, taxes, thieves, whitehouse
The White House is proposing a 15% tax on bank assets. Bank assets are your loans and savings, this is a 15% yearly tax on your assets. The Government already Taxes your employer who pays you, your income which your employer pays you, your purchases paid for with income with has already been taxed and steals the value of your money with inflation.
Big Companies aren’t the ones who pay these taxes, you are; the money comes out of your pay and and is hidden in the prices you pay.
Tags: Czechoslovakia, ICBM, POLAND, russia, SALT, soviet union, START, START1, START2
First the our Government abandons Poland and Czechoslovakia on the 70th anniversary of the coordinated Soviet (Russian) and Nazi invasion of Poland which started the Second World War. Now it turns out that our Government has also backed out of monitoring Russian ICBM production, a critical element in enforcing the START treaty.