cue the lightning bolts

the only question that matters: is it true?

Iran has signed the NPT. As a signatory to the NPT, Iran may rightfully, legally, use nuclear technology for peaceful energy purposes. Iran has submitted to and passed repeated IAEA inspections. The US intelligence community (NIE) does not consider Iran a nuclear threat. Israel refuses to sign the NPT. Israel has an estimated several hundred undeclared nuclear weapons. Russia and China have warned that an attack on Iran will have global consequences. That's the situation in a nutshell. Where to next, people? Where to?

Have I now become your enemy by telling you the truth? - Galatians 4:16

5.21.2009

When belief in the system fades

The profound disincentives in our economy are leading productive middle class entrepreneurs to drop out. The government's response is to raise taxes, speeding up the loss of faith of those still struggling to survive.

The entire Survival+ analysis focuses on the multilayered ways the middle class is being squeezed to exhaustion / insolvency. I began addressing the first step of this process last year-- a process which begins When Belief in the System Fades (March 12, 2008).

I then added further analysis as part of the Survival+ project (eBook to be released for free July 4, 2009): Survival+ 10: When Belief in the System Fades (April 9, 2009)

The fundamental theses:

1. taxes are crushingly high in the U.S. for small business, and the supposed "low tax rates" are propaganda/disinformation

2. systemic disincentives include overregulation, a tort/legal system run amok and insanely overpriced healthcare costs

3. an overlapping series of parasitic fees, levies, licensing, etc. burden the productive class while evading the label of "tax"

4. The Plutocracy and State (two sides of the same coin) have overreached in grabbing ever-larger shares of the national income, and they need the middle class to believe in the system and keep paying the taxes needed to support the State's overreach.

Read more @ Charles Hugh Smith


No comments:

legal mumbo jumbo

Disclaimer: The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.

Fair Use: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.