Comments on: Tell Me What Worries You Most???

By: John Gay

John Gay — Fri, 31 Oct 2008 19:41:51 +0000

Three things bother me.
1. Taxes. Only consumers pay taxes. Businesses do not pay taxes. All cost of doing business are passed on in the goods or services provided.

2. Bailouts. People should not be bailout when they make bad choices. Hopefully, your parents did not bail you out everytime you made a bad decision. If it does not affect life or limb, let them learn from their misstakes.

3. Credit. I am 67 years old, so I remember when there was no easy credit. People saved their money and then bought the item or used layaway. Even the old Sears EZ pay required 10% down with each purchase. If all credit was frozen for a full year, we would all survive. As a matter of fact, we would all be better off at the end of the year.

John
Retired IRS Agent

By: Art Naujock

Art Naujock — Fri, 31 Oct 2008 19:38:22 +0000

What bothers me is the attitude of so many well off financial types and politicians that they want the banks to stop paying dividends if they accept the governments buy into their companies. How is this going to help the economy? I and a whole lot of others that saved and invested for retirement are dependent on the dividends as a primary suppliment to the megar Social Security payments. If I sell the stocks that are so deflated I will have nothing. I do not trust politicians, and having lawyers write financial rules really scares me.

By: Terry Reinstra

Terry Reinstra — Fri, 31 Oct 2008 15:43:23 +0000

What worries me is I have been researching on the internet and I can not find where Obama has said clearly that his tax plan for small business is on the net not the gross. I have seen many other small business owners asking for the same information. No one in the dems will come out and show us where Obama has said net. Also, what the fine will be for businesses that do not provide medical for their employees. The wrong answer on either of these will put my two small businesses out of busiess. I am 62 I can not start over again.

I was told MSNBC had a heated discussion yesterday arount 10:00 am between a dem and a rep. I can not find it on their website and can not find anyone that saw it. The dem said even if it is net it will only effect 40% of small businesses. The rep said no 80%. Sure would like to have seen that interview and hear more concrete information on that subject.

Obama has way too many things he is not telling us. That one would kill a large segment of the folks that create jobs out there. The employees need to realize if the business can not stay in business they do not have jobs.

By: Dana Swan

Dana Swan — Fri, 31 Oct 2008 05:07:41 +0000

CC
Please reasearch a disturbing piece of info. There are HUGE blocks of money positioning in the USA to buy up what’s left of the middle(working) class assets. They want to buy huge numbers of forclosed homes when the prices come down some more. This will accelerate the transfer of wealth from the middle class to the wealthy.
Our monetary system has a major flaw. The M-1 money supply grows from the introduction of debt to the economy.
The middle class uses debt to buy things, like a house or car. The wealthy have cash for those things, so they use debt differently. They buy rental houses, businesses and margin stock.
The long term result is that debt is pooling with the middle class. and cash and assets are polling with the wealthy and the economy is locking up.
The wealthy will buy up the middle class assets at a faster rate as time goes on. If you look at Europe or Mexico you will see the end result…..

By: Bryan Hunt

Bryan Hunt — Fri, 31 Oct 2008 00:13:00 +0000

My concern is that there will be a societal meltdown due to the economic and energy problems, and violent crime will become rampant. Desperate people do desperate things. What happened in Argentina, where the economy collapsed and crime took over, could happen here. If you push people far enough, they will do whatever they need to to take care of themselves and their families–even if it means waging war on you and your family. This could happen here, in the United States of America.

By: Scared American

Scared American — Thu, 30 Oct 2008 19:05:21 +0000

Obama scares me. He’s been lying about significant issues for years, he is supporting radical orginizations. He wants to do away with the secret ballot for union members. He is working for some evil people. He has an agenda that scares me to death. He preying on the lowerclass making them believe that he is going to save them just to get their vote. Who REALLY is Barack Obama??????

By: Lawrence Whittle

Lawrence Whittle — Thu, 30 Oct 2008 14:05:33 +0000

Obama Policies.

By: Fred O.

Fred O. — Thu, 30 Oct 2008 13:19:12 +0000

I read some of the things that the Dems.want to pass through the minute they can.And one of them is Banning offshore drilling,Do they not care about using our own natural resources? Do they not care we are being held hostage by “OPEC”? Do they not care what we have to pay for home heating/cooling prices/gas ?

By: John

John — Thu, 30 Oct 2008 12:48:28 +0000

What really worries me is that nothing has really been done to stop any of what has caused this or keep it from ever happening again. AND that the Obama, Reid and Pelosi communist regime will destroy what’s left of our republic in short order!

The boy’s across the river are back “cooking the books” and we will soon discover that the $700B is not enough – and guess what – the new leadership , with their government hands already in all our money, will just have to take the rest of what we have saved and shared once again with the greedy, lazy and stupid of this land.

Us, our kids and our grandchildren will be poor and suffer for years to come!

By: Sky

Sky — Thu, 30 Oct 2008 05:20:54 +0000

I’m worried that Americans are sitting back, mad but not acting. When are we going to storm Washington and throw out our worthless elected officials? They have forgotten who they work for. We need change alright, less government, free markets and McCain as President. God help us.