Posted Jul 16, 2013 by Martin Armstrong
Only in America is it possible when the rich people – who pay 86% of all income taxes – are accused of not paying their “fair share” by people who don’t pay any income taxes at all. And then, politicians can talk about the greed of the rich at a $35,000.00 a plate campaign fund-raising event while the two people most responsible for our tax code, Timothy Geithner (formerly the head of the Treasury Department) and Charles Rangel (who once ran the Ways and Means Committee), BOTH turn out to be tax cheats who are each in favor of higher taxes on everyone else but them.
Only in America is it possible for government to actually collect more tax dollars from the people than any nation in recorded history, yet still spend a trillion dollars more than it has per year as total spending surpasses $7million PER MINUTE, while complaining the rich do not pay enough and need to be hunted down like a fox chased by a multitude of agencies because the whole problem is government doesn’t have nearly enough money to help the people who pay nothing and that is why the social programs are collapsing.
Only in America is it possible for people who believe in balancing the budget and sticking by the country’s Constitution are demonized as “extremists” by the press who then champion the removal of all weapons from citizens (not criminals) and cheer the TSA, argue for more control to make us safe having to present a driver’s license to cash a check, buy alcohol, or stay in a hotel room but not to vote.
Only in America is it possible where people are convinced there is a conspiracy among corporations demanding the government investigate whether oil companies contrived price advances in oil and gas and are making too much when the return on equity invested in a major U.S. oil company (Marathon Oil) is less than half of a company making tennis shoes (Nike), yet there is no conspiracy to strip people of all rights by the NSA, CIA, FBI, SEC, CFTC, Congress, Treasury, IRS, and the White House (just to mention a few).