This is from our friend Kid's blog...he wrote it, emailed it to me last night, and I had to have it here....HERE is his super blog... leave him a comment there, but I know he'll be here reading, too (at least, I hope so!) I wanted it here for obvious reasons. Thanks, Kid!
Well, here it is.
Oh Ok Ben, sure we trust ya. Congress has already floated the idea of a "one time" (yea right) "Tax" on savings accounts. Hey, the money is sitting around doing nothing and the gov needs it right?
Well, I lunch with a retired couple every day for the most part who Did It Right. Every day they tell me about how their savings are being eaten alive by the loser class and by inflation. Their only hope of staying afloat is by tossing their nest eggs into the stock market, which even the most professional of the professional will only tell you that over a 20 years span no one has actually lost money. They don't include inflation. But what if you are retired. The same people tell you you shouldn't have your income source at that much risk, so you're constrained to savings and things like CD's. Too bad the 'financial crisis' has made the interest rate of CD's to go into the hundredths of a percent.
All the evidence now says that if you work really hard, all you get is screwed. That is socialism.
Unless you're connected to the political class or the super rich, plan to be sheared to the point of having to drive some little POS that gets decent gas mileage and provides little else like they all do in England or France or any other socialist hellhole.
I think you can see where this is going. You know, unless you're a progressive loser moron parasite feeding off of everyone who is putting in an effort. Then it's great right?
Z: Of course, I do take umbrage over "French socialist hellhole".. for a socialist hellhole, France is pretty darned great to live in! :-=)
Thanks for this terrific piece, Kid.............you are SO RIGHT.