Friday, July 31, 2009

Pelosi, Seriously, A Tax on the Proletariat?

An oft used phrase that pertains to all generations and all nations is simply stated: money doesn't grow on trees. President Obama, who doesn't subscribe to the money doesn't grow on trees idea, along with his loyal followers in the Senate and Congress have created their dream legislation in the "Health Care for the Masses" bill. This will, as of now, cost the tax payers $1.6 Trillion over the course of 10 years. The problem lies in financing this legislation. But, it appears that the financial crisis has also hit our government hard in the form of forgetting the idea of financing projects before approving them. Thankfully, to our rescue, Nancy Pelosi has dug into her Democratic play book and found a solution--put a tax on all income earners. The thing to keep secret is that this tax will no doubt be costlier to families and individuals than the price of paying their current healthcare premiums.


A Warm Welcome

I have started a blog in order to share articles and ideas with others that I have read from various news web sites. This medium seems to be a conducive format in order to quickly update and inform others of news without having to wade through it all yourself. Hopefully this endeavor is profitable to you and enriches your political, economic, and social understanding of the world.