Monday, August 03, 2009

POLITICIANS

My last Blog entry dealt with broken promises. The lesson from this is -- DON'T TRUST POLITICIANS - . They will promise you anything to get your favor, and, when the promise no longer suits their purpose, they will renege. We will soon forget about it anyway; RIGHT?

So, as we may expect to see Terrorist combatants on US soil, so we will also see tax increases for everyone. And, some of these tax increases will be blatant appeals to our perceived needs.

This type of treatment may be expected from Democrats as well as Republicans. Witness the attempt by Arizona's Governor to raise the sales tax by 1 % even after a majority of the citizens rallied against such a move. In the end, the politicians will win either by deception or by fraud.

Associated with taxes is another question which I believe I know the answer; Where are the Trillions of dollars coming from to satisfy the Federal Government's latest initiatives such as the "cash for clunkers" program?

Unfortunately, the money is being manufactured without any real support or hope of value items to back it up. In other words, the Government is printing essentially worthless dollars to cover these expenditures. The resultant will be a very high rate of inflation which we will all pay for in the very near future.

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