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Thursday, June 25, 2009
Roger Schlesinger :: Townhall.com Columnist
Did you ever stop to think that?...
by Roger Schlesinger
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


I am not sure but, I think I am beginning to see a pattern.

And then there is the budget and that little nagging deficit. How could that have happened with the brain trust that visits 1600 Pennsylvania Ave most days of the week? The last I heard, but it is hard to keep up on the gossip and still work for a living, they forgot to plan for a drop in tax revenues, around 36%, in their contingency figures. Fortunately, most of us now know what a Trillion dollars is (see my column of 2-20-09)

and won't have to take much time figuring out "we are in deep wanugus"! What happens if the World Bank is correct and the recovery isn't coming that quickly? While we're busy considering what's happening, what ever happened to all those shovel ready jobs? It seems to me if they were ready, why is the unemployment rate heading up instead of down? I thought all of that stimulus money was put out to create jobs. Were they just kidding?

Finally, does anybody know whether they ever changed the no uptick rule back to the uptick rule? Now that was a humdinger of a idea. While we were busy ruining our financial system, we could have become more European and changed sides of the street for our traffic direction just to see what other type of havoc that could have caused.

Soon, in a month or so, we are going to get the half time statistics on our burgeoning deficit and probably some new slogans. I can visualize YES, WE COULD HAVE as the lead slogan, followed by TAXES ARE YOUR FRIEND (unless you have to pay them)! But we are only just beginning. As bad as the deficit may be this year and next year, it is the following years that have economists' " innards in an uproar." We may be able to cut the deficit in half, in theory, by some date in the future, but that half may be bigger than the deficit we are facing now! Stating the obvious in a more understandable way, it would be akin to burning down your house to get rid of the termites! But that doesn't mean our leaders are prepared to chuck it in and call it a day. They are already preparing the slogans for 2012: When nighttime turns to morning and you can see the light, you'll realize we still just need another term to get it right! Or how about Elect experience, we've seen what novices can do! I wonder if that can be translated into Chinese?

I will close with the thought that inflation will be on the horizon in the future and those without any inflationary protection should be looking at buying houses at this time. Not only are the prices low, the financing is low as well and with projected rampant inflation, this could be the best time you ever will have seen to stake out your future.

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About The Author

Roger Schlesinger's Mortgage Minute is heard on hundreds of radio stations and daily on the Hugh Hewitt radio show and Michael Medved shows. Roger interacts with his hosts and explores the complicated financial markets in order to enlighten his listeners and direct them along their own unique road to financial freedom.

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Roger, perhaps your last line,
"Not only are the prices low, the financing is low as well and with projected rampant inflation, this could be the best time you ever will have seen to stake out your future." Should be that it is the best time to put a stake in your future, the fraudulent One has!

How govt can cut costs
We the people pay all taxes, and we are the only ultimate source of all tax revenue. Regardless where government initially collects it, all tax money ultimately comes from us, the people.
Since we the people are the one and only source of all tax revenue:
There should be only one tax to collect all tax revenue.
It should be a single, simple, fair, direct, graduated, individual, full-income tax levied on living persons for each level of government: One Tax and Done.
You cannot convince a person or corporation to start a new business or expand an existing business, increase jobs, and hire new employees, when you tax away the capitol he is using to operate his PRESENT business
The best thing that government can do to help the country, the people, and even government, is to repeal all of the many hundreds, or thousands of existing taxes, fees, and charges. These taxes are the federal deficit. These taxes are the high price of everything. These tax eliminations are spending cuts. Every tax that is eliminated is a tax that we the people no longer have to pay. These taxes are the difference between the price we pay for health care and everything else, and the price we would pay if these taxes were repealed. Eliminating these taxes will remove them from the price paid for everything by everyone.
One Tax and Done will provide many benefits to all, even government:
One Tax and Done will reduce the price paid for everything by one-third.
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