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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Bearcatbob who wrote (60361)3/2/2009 3:43:34 PM
From: MJ2 Recommendations  Read Replies (2) of 224750
 
For sometime I have wanted to make this point.
There are few rich neighbors------it's an illusion.

So called rich neighbors are taxed to the hilt as Gingrich points out and are in debt for the present and the future.

Few own their own homes. They are mortgaged to the hilt on that.

These so called rich families with 3 or 4 children -----are looking at how they can afford tennis shoes, school clothes, pay for children to participate in sports, lessons in music etc., pay for utilities, pay their insurance policies-----maybe help provide for older parents----provide for their retirement as they are likely older parents----pay medical bills----pay utility bills that have increased for all utilities.

These families are truly the middle class that is being wiped out. They have seen their 401K's decimated-----the market has crashed with more to come, wiping out the funds they manage themselves.

These families most likely have a couple of credit cards that they use to balance finances at usurious fees -----forget writing a check and keeping track of actual expenditures, that is almost an impossibility in this age of plastic.

The present Obama Administration's solution is to create more debt---to print money that doesn't exist----as he builds his socialist system with government fake money and mandates.

We need more people like Gingrich to stand up an say No to Obama and his reckless printing press economics.

mj
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