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  • The 'Great Slump' of 2008 (Part 1) [View article]
    Bosun.J, I understand your point, however, when consumption is taxed, taxes become more of a personal choice. The "poor" only pay a higher percentage of their income when they are attempting to purchase beyond their means...$30,000 pickup trucks, another flat screen TV, etc.

    I would add that the national sales tax should not tax food, and while we are at it don't tax trips to the consignment store for clothing....reward frugality.

    I wouldn't call that a "Really Bad Idea" any more than our current system or the myriad of other complicated solutions.
    Dec 29 12:20 pm |Rating: 0 0 |Link to Comment
  • The 'Great Slump' of 2008 (Part 1) [View article]
    Heres a what if answer for you....Tax Consumption, establish a National Sales Tax....Abolish the "Income Tax"...and in the process severely reduce the 92,000 strong IRS workforce reconstituting their pay into our coffers.
    Dec 27 22:14 pm |Rating: +1 0 |Link to Comment
  • Enjoy the Strong U.S. Dollar While You Can [View article]
    Ussmls7, thank you for the 'jsmineset' reference, a great site filled with logical commentary.
    Nov 26 12:57 pm |Rating: 0 0 |Link to Comment
  • Enjoy the Strong U.S. Dollar While You Can [View article]
    So true. You know, we would all mostly agree with the statement that we "need a strong dollar". The talking yahoos all feed us the line that it is their intention to do just that. The problem...they run aground as soon as they are asked how?

    A classic example was the interview of Steve Forbes by Michael Eisner a few days ago. Of course when asked about the dollar, Steve answered that we need to strengthen and stabilize our currency. When asked how?, his answer proved my point. His answer was in two parts. First, he said that we "tell everyone that it is strong". Second, he said that we need to "get all of our foreign friends to buy and prop up the dollar". Now, I am paraphrasing the quotes, but he did slip up and use the word "prop". When asked about gold, he of course said "it needs to go down"...cart or horse???

    The point is that these views/comments are very typical of the main stream and indeed for the masses become "the trash collected by the eyes and dumped into the brain"....which is exactly where the system wants us just prior to cratering the dollar.

    Anyone want in on my pirate island...
    Nov 26 12:37 pm |Rating: 0 0 |Link to Comment
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