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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

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Nov 11 4:00 PM EST

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To: THE ANT who wrote (51621)	6/21/2009 3:26:08 PM
From: Elroy Jetson	2 Recommendations Read Replies (2) of 217706

The Wealth Tax was long the primary taxation method during the Middle Ages along with import taxes. The wealth tax remains today as the Property Tax and the Business Inventory Tax. What has escaped the wealth tax are financial assets, not surprisingly the primary asset of the very wealthy. Those whom elmatador calls capital hoggers. Some Marxists may fantasize about a revolution by the proletarian working class, but all revolutions have been led by disaffected wealthy and educated people. Both the American Revolution and the Russian Revolution are examples of this. Anyone familiar with American knows that the working class are primarily registered as Republican, voting inexplicably for lower taxes on the very wealthy with a resulting higher burden on themselves. As a sop they they are provided with various middle class welfare programs, returning a small portion of the taxes they pay. These working class Republicans are perpetually angry, and why shouldn't they be, yet don't realize they are the cause of their own distress. It's a form of the "Stockholm Syndrome" where a prisoner allies themselves with their captors because it it takes away their inner feeling of powerlessness. They're one of the "wealthy employee working class". Meanwhile most very wealthy people in America are Democrats, concerned about social justice. When you earn far more than your needs, it's easier to be concerned for the welfare of others. John Howard was recently able to implement a similar farce in Australia, but it didn't last long. Australians lack the many generations of training to vote against their own interests. .

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