Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: pcstel who wrote (59179)	11/21/2012 8:51:42 PM
From: greatplains_guy	Respond to of 71588

It is tragic to see people like the committed leftists in California trying to grab the money of those who produce and fail miserably. The problem was described by Margaret Thatcher when she said "The problem with socialism is that eventually you run out of other people's money”. The California problem extends beyond the rich. People who have tried fruitlessly to become gainfully employed in California are moving away. When they have job opportunities in other places people are leaving. It is better to be employed in middle America than on the dole in Paradise. As that happens the exact type of people an economy needs to grow are leaving to be replaced by those seeking to suckle at the teat of government. Such a system must collapse. When you describe even those in the low millionaire range you describe people I associate with. They are not highly mobile, often owning a location specific business. Given enough prodding they will sell or close their business and attempt to relocate in a more friendly business environment. This also describes how Americans who have been taught by liberal policies that their labor is much more valuable than the labor of similar people in other countries find jobs moving overseas.