Skip to content

Confiscate the Money of the Rich – Will it work?

March 9, 2011

Did you see the headline where it says the world’s billionaires, all together, are worth $4.5 TRILLION dollars?

I bet our administartion and the Senate’s eyes lit up! If we could get the U.N. to take all this eveil wealth and redistribute it to the poor, how much better would we be? Yes, redistribute. From those who made the wealth to those who did not make it. Yes.

But, wait! Obama has just done that in the first 3 years of his presidency. He’s spent $4.5 TRILLION of non-existant money (called a deficit). The world is no better and quite convincingly he has shown that all this money has not made the USA better either.

So, if Obama and the Democrats had their way and taxed all the “rich” Americans 100% of what they earn we would not even be able to pay for the deficit he has already spent. Even if he taxed the richest in the world he could not pay it. That’s just how big this awful deficit is and it’s why the mantra of “tax the rich” is a pretend answer to what the liberals know – the speeding spending ticket is going to be paid NOW.

Advertisements
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: