Comments on: GRIDLOCK http://thetexasring.com/2010/03/19/gridlock/ Common Sense In A Ridiculous World Thu, 17 May 2012 21:35:14 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Tony http://thetexasring.com/2010/03/19/gridlock/comment-page-1/#comment-216 Tony Mon, 22 Mar 2010 14:57:20 +0000 http://thetexasring.com/?p=199#comment-216 I believe one of the unintended consequences of this bill is the following: The "old folks" have a lot of money they plan to pass down to the baby boomers. I suspect that one reason many are staying in this country is the medical care. If they BELIEVE that care will be compromised, they may well leave the U.S. for a foreign country where the cost of living is lower, there is no inheritance or capital gains tax, taxes are lower, and medical care is available for old folks. Of course, they will take their capital with them. Maybe I'll see you there. I wonder what removing ten trillion dollars in capital from our economy will do to it. always, tony I believe one of the unintended consequences of this bill is the following:

The “old folks” have a lot of money they plan to pass down to the baby boomers. I suspect that one reason many are staying in this country is the medical care. If they BELIEVE that care will be compromised, they may well leave the U.S. for a foreign country where the cost of living is lower, there is no inheritance or capital gains tax, taxes are lower, and medical care is available for old folks. Of course, they will take their capital with them. Maybe I’ll see you there.

I wonder what removing ten trillion dollars in capital from our economy will do to it.

always,
tony

]]> By: CheriVNB http://thetexasring.com/2010/03/19/gridlock/comment-page-1/#comment-215 CheriVNB Sun, 21 Mar 2010 04:19:43 +0000 http://thetexasring.com/?p=199#comment-215 It is so sad watching this country fall apart. Everyone thinking they will somehow dodge the bullets. Government employees are in denial, healthcare workers are in denial, wall street investors/day traders are in denial and people who believe the evershrinking pool of "taxpayers" will handle it are in DENIAL. I don't know the solution for government corruption and self-serving voters, who laugh at the Constitution and Bill of Rights. How long can popcorn be stored? C~ It is so sad watching this country fall apart. Everyone thinking they will somehow dodge the bullets. Government employees are in denial, healthcare workers are in denial, wall street investors/day traders are in denial and people who believe the evershrinking pool of “taxpayers” will handle it are in DENIAL. I don’t know the solution for government corruption and self-serving voters, who laugh at the Constitution and Bill of Rights.
How long can popcorn be stored?
C~

]]>