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Non-Tech : Kirk's Market Thoughts

COHR 185.83

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Dec 19 9:30 AM EST

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Kirk ©

To: robert b furman who wrote (2972)	4/15/2015 9:26:40 AM
From: w0z	2 Recommendations Read Replies (1) of 26800

“A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.” Elmer T Peterson tags: democracy, misattributed-to-de-tocqueville http://www.goodreads.com/quotes/tag/democracy P.S. Regarding taxes, Puerto Rico has ZERO capital gains and is a lot warmer than New Zealand: http://premieroffshore.com/move-puerto-rico-pay-zero-capital-gains-tax/

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