Recent studies suggests that personal income tax will near 50 to 60% in the next 25 years.
While the individual only pays a small fraction of the taxes necessary to run this country, everyone wants something for free.
Free paved roads, free healthcare, free food, free money.
Eventually someone has to pay for these things!
At the same time, it has been predicted that our population will shift and that 50% of our population will be colored in 50 years.
And these very same socialist goes so far as to say that it is not embedded in their beliefs to work. So if 50% of the population is colored and doesn't work, who is going to pay all of these taxes?
I keep trying to tell people that 401K and other retirement plans are a Ponzi Scheme, and no one will listen.
If the government fails - who is going to guarantee the money in the bank is still going to be there?
At this point, you ARE better off sticking your money beneath your mattress then putting it in the bank and getting a small amount of interest, and then having to pay taxes on the interest!
At least when the bank fails, I will still have my money!
And they thought that my grandparents generation was crazy when they did this after the great depression, and yet no one has learned a damn thing from history.
As Grudgie has said - if you forget about the past and refuse to learn from other peoples mistakes, you are doomed to repeat their mistakes!
Until our country closes its borders and refuses to let any more immigrants in, and deports some of those that does not belong here, there is no way that our government can support those that are already here. Obama is just a pawn, used to fight wars with other Arab countries, and drop the guard of our own country by mending fences with countries that we put strict embargo's on years ago - because they were dangerous to themselves and others and provoked war with us and instead of just wiping them off the face of the earth, we chose to just ignore them...