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- LEADERS, DON’T GET SOFT ON YOUR HOPES THAT CAPITALISM IS BACK – THE SOCIALISTS, COMMUNISTS, AND UNEDUCATED ELITES NEVER GO AWAY!
LEADERS, DON’T GET SOFT ON YOUR HOPES THAT CAPITALISM IS BACK – THE SOCIALISTS, COMMUNISTS, AND UNEDUCATED ELITES NEVER GO AWAY!
LESSON: Business leaders who create jobs, taxes, and community support cannot take their eyes off the ball when the tide seems to be finally supporting what is right. Stay diligent and proactive or it will disappear again, soon. Read the Numbers.

LESSON: Business leaders who create jobs, taxes, and community support cannot take their eyes off the ball when the tide seems to be finally supporting what is right. Stay diligent and proactive or it will disappear again, soon. Read the Numbers.
Recent generations of Americans have been raised and educated to view the government as an omnipotent and never-ending caretaker, as if it is "the Alpha and Omega, the beginning and the end." We personify this caretaker with fatherly characteristics and responsibilities. We state, "They should pay for the poor...They should tax the rich...They should increase Social Security...They should pay for my childcare..."
Why do we believe that because we were born, some entity behind the green curtain should pay for our comfort, much less our survival? Is this belief inherent, or is it instilled?
Remember, we must localize all monetary transactions in order to begin to understand how things actually work. In this situation, what we do not realize is there is no They. There are only you, me, and our neighbors. If I want someone to pay for my childcare, I should walk over to Mrs. Johnson's apartment once she gets home from work at the bottling plant and let her know I need her to write me a check.
Now, I will need to be prepared for the fact that she might belt out a little Michael Jackson, "If you can't feed the baby then don't have the baby," and moonwalk herself back into her apartment. But at least I would feel like I had shown good character and asked her directly for her money.
Governments are pass-through entities just like the Limited Liability Company (LLC) which you set up for your amazing side-hustle business. Governments only have the money that you agree to give them (possibly stop agreeing?). They produce nothing, create nothing, and cannot survive without you - not the other way around (creating great dramas in the court, I used to say AUSA Brian Samuels does not have a job unless my company’s taxes pay his salary while I do not need him to allow my employees and myself to survive. He feeds on me!”
Now follow me on some of these numbers. A tip - read the numbers slowly and attempt to digest what they really mean. Human nature forces our eyes to glaze over when reading big numbers, and this is exactly what They are counting on. The U.S. federal budget this year is approximately $7 Trillion with tax collections of approx. $5.16 Trillion. This is the amount of your money which They are going to spend. But it gets worse.
You are only agreeing to give them $5.16 Trillion, so They are going to borrow another $2 Trillion from the Chinese, the Japanese, and the Germans so They can pay for all of the things we believe that They need to give us. Now since Mrs. Johnson gave you the moonwalk instead of a check, and since you still feel that someone else should pay for your childcare, They knocked on her door for you and took her money under threat of a long list of punishments, to include federal prison. For the rest of the money that Mrs. Johnson couldn't come up with, They went hat-in-hand to foreign countries and bartered away more of Mrs. Johnson's and your future in order to get the rest of the money.
Now stay with me. Since World War II, taxes have grown 15% per year faster than Mrs. Johnson's paycheck from the bottling company, and the federal government's spending has grown a shocking 50% faster than her paycheck. So, each year, the IRS Agent knocking on her door takes a larger slice of her pay. But They still don't have enough, so they travel the globe and beg other countries for more and more every year.
Now there are some big numbers again. Because of this trend, the National Debt (our Collective Mortgage) is approx. $37 Trillion, which equates to $60,000 for every man, woman, and child (so get Junior to work!). But this does not count Social Security and Medicare, which also have no money. It will cost you and me another $80 Trillion to make up the shortfall we have not saved for the Baby Boomers. This is on top of the Social Security and Medicare taxes we will already be paying out of our paychecks for the indefinite future. This fiasco is called an "unfunded liability."
Very important. When They tell you that Social Security will "run out of money" in 2032 (or whatever year they keep changing it to), what that really means is that will be the first of many years in which annual worker payments into the system will not be sufficient to make the payments out to the recipients of the system. There is no money sitting in a Social Security bank account holding all the contributions you gave out of your paycheck for all those years. The extra "savings" were raided by politicians years ago. There is no money.
So, because we thought it would be rude and even outrageous to personally ask Mrs. Johnson for her money, and we instead got Them to do it by force, we all now collectively owe $100 Trillion, not to include the money we are already obligated to pay each year into the future. I don't even know how many zeroes are in $100 Trillion. Fourteen?
We need to understand all economics are local. If you want to ask your neighbor to cover your expenses, then do it. If you want to pay someone else's bills, that would be a wonderful gesture. Just understand there is not a middleman who is paying for what we feel we deserve. Not only that, but that guy has even already blown all the cash we gave him to hold for us!
Have a great week! Educate!
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Just One More: Just One More: The Wisdom of Bob Vukovich: Martinovich, Mr Jeffrey A: 9781790554850: Amazon.com: Books
