1 month ago
Tuesday, March 24, 2009
Predictions from long ago
10:03 PM | Posted by
me |
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Many, many months ago, when the stock market started to head south, we had a spirited debate in our offices about the direction of the country. My opinion was not popular, but I held to it. Everyone said I was crazy, there is no way the US would do what I thought. Here are my thoughts:
- The government will at the very least make significant headway in nationalizing banks, if not succeed.
- The government will attempt to intervene in big business, through take overs, increased taxes etc.
- The government will attempt to save those who bought homes they couldn't afford, while leaving those who played by the rules out in the snow.
- The government will attempt to institute nationalized health care
- The government will attempt to remove guns from the people
- The government will raise taxes on the "rich" forgetting that most small businesses are s-corps meaning the income from the business is placed on the individuals income.
- Those of us who have played by the rules: work hard, pay our bills, will not get the benefit of that work, proportionate to our work in relation to those who get benefits without work or playing by the rules.
- The government will increase its aim of redistributing wealth by increasing benefits for a certain segment of the popular and increase taxes on another
- The movement of "illegal immigrants" will increase strain on our borders and probably result in increased violence and turf wars.
- If the US is not careful we will lose even more of our quality of life due to policies and inflation
- The US is quickly headed to a socialist state.
Many of the things I listed haven't come to pass and I would prefer that none of them ever did, however, many of them are happening.
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