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  #11 (permalink)  
Old 12-20-2009, 08:40 AM
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Join Date: Nov 2006
Cobra Make, Engine: Superformance MIII, Roush 427
Posts: 320
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Ex, I view socialism like this:
Model - Denmark
Modern Country where the people are afforded free medical coverage, college and many tech schools are paid for in part by the Gov't, the Gov't take great steps in making sure the minority doesn't get left in the cold...real feel good story.

So, what wrong with this type of Gov't intervention? My cousin moved from the US to Denmark for professional reasons. He started out loving the medical and educational plans provided by the Gov't. After spending a few years there, he ended up wanting to get "ahead" and started an electrical business. He bought a van for work, tax on the van...100%. He pays a corp. tax of 25% and then a payroll tax of 8%...add that up and then take his profit for his income and take out another 60% (Denmark has a 0-63% income tax...WOW, gots to pay for all those feel good programs). End result, he can't afford to stay in business and pay his own bills. So now, he lives off the Gov't doing minor jobs under the table to avoid the taxes and sold his business. Pretty cool eh?!

So, what's my point? Simple, socialism takes care of those who do nothing. It punishes initiative and hard work by taking from those who have earned and gives it to those who are lazy. Find me a country as diverse as the US (key) and put socialism into power the way Obummer is trying and you will kill the drive of the common man to get ahead. We need balance and I'm not saying turn off the programs to help the poor, but when you tax and regulate business the way Obama would like...it back fires. Think it's any surprise the companies are paying back the loans so fast?! They realize they can not function with Gov't influence (read Obama trying to tell the banks to loan to high risk groups...and do what, create another financial fall out like Clinton did to us?!). Nope, we don't need socialism, we need to leave things the way they are and work on improving business...'cause that is what pays the bills in the first place.

Last edited by SPF2245; 12-20-2009 at 08:44 AM..
 


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