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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: IC720 who wrote (1450218)	4/3/2024 9:03:27 AM
From: IC720	1 Recommendation Recommended By longz Read Replies (1) \| Respond to of 1579256

To: IC720 who wrote (1450218)	4/3/2024 10:02:51 AM
From: IC720	Respond to of 1579256

Little more on the big picture, which of course some blindness today (in life) is actually hindsight as life advances from learning from our mistakes., yeah, that makes 2-3 cents.. How to Destroy a Nation in 2 Generations The question of inheritance was a major issue historically. If you create a major company like Ford Motors and you die, then the government is only interested in grabbing taxes. They think nothing about the jobs this company creates. The ancients realized that even dividing it up equally among the heirs destroys the productive capacity of the entity. This is why they evolved into the first son who inherited everything to preserve the estate rather than destroy it. The ancients knew the consequences of dividing estates (partibility) among heirs. Sparta in Greece rewarded fathers based on the number of children. Sparta wanted soldiers, so the more children, the better. But Sparta undermined its own economy in the process. Production of children was rewarded in Sparta, and the fathers of three or four sons were exempted from military service and other economic burdens. Aristotle is sharply critical of this practice and wrote: “It is obvious that, if there were many children, the land being distributed as it is, many of them must necessarily fall into poverty.” After 2032, we MUST prohibit any such idea of direct taxation (income/inheritance) as the Founding Fathers of the US Constitution intended. They understood this lesson from the past – Marx was a hateful, jealous person, only concerned with not having as much as his neighbor. This is what has brought us to the brink of disaster. Our government has followed Marx rather than those who created the Constitution out of experience. Thomas Paine was famous for saying: Give me liberty or death. But he also made it very clear why history repeats fro the people refuse to ever learn: “Government, even in its best state, is but a necessary evil; in its worse state, an intolerable one.”