My friends,
Our poor educational system has finally caught-up with us. We have managed to elect, as president, a man with no leadership or administrative experience, no experience running any kind of a company or payroll responsibility of any kind, questionable social and religious ties, and flawed ideas with regard to foreign policy and the economy. This is a real shame that we have let our country slide this far.
Here is what we can now expect:
- Surrender in Iraq and Afghanistan
- Nuclear proliferation in the Middle East
- Increased chance of terrorist attacks against US interests
- Higher Taxes
- Higher Unemployment
- Higher Interest Rates
- A stock market that will stall
- Prolonged real estate and mortgage crises
- Deficit and National Debt increases that we will never pay back
- Socialized Health Care
- An exodus of capital and jobs from the United States to offshore locations
These are just if Obama keeps his promises! Imagine if he should have any new ideas, how much trouble we may find?
Unfortunately, McCain was unable to articulate his message as well as Obama was able to pander to the voting public. If you really think that we are going to transfer the rest of the income tax base to the Top 5% of earners in the country, you have not been paying attention.
For those of you who make over $100,000 per year (yes, I know Obama said $250K, but he wasn't being honest), you need to find a way to move your income and assets offshore. If you have a business, this can be simpler than you think. If you are employed, it is a little bit more difficult, but it can be done.
If you wish to protect you income and assets, then you need to act now! Put everything in place before the end of this calendar year, and take advantage of existing tax advantages before they go away.
Oh yeah, remember the Estate Tax break for 2010 (no estate tax, that year only). Unless you are confident that you will die in 2010, you had better start planning again, if you think that your total estate (including life insurance settlements) will exceed $3 million. We will go back to the old system, because Obama just loves to take our money.
I wish I had better news, but too many people do not understand that the real American Dream is BUSINESS OWNERSHIP, not home ownership! Taking from the rich to give to the poor only works in fairy tales.
Mr. Obama, I am perfectly capable of spreading my own wealth around. I don't need (or want) the government's help with this task. I also have no problem finding low-cost health insurance, so thanks for your efforts, which will only serve to destroy health care as we know it!
If you need assistance with protecting your wealth, whether assets or income, please post your contact information in reply to this post. Every post is moderated, so your personal information will not appear on this website.
Good luck, we will all need it!
Posts
