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Old 06-20-2008, 08:36 AM   #21
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Originally Posted by FIREdreamer View Post
If I shared the guy's trust in divine healing powers and the government's willingness to pay for my hospital bills when divine intervention fails, it would make retiring on a shoestring a lot easier!
That's exactly it. I sense a growing call for redistribution -- higher taxes and means testing on the ants and more goodies for the grasshoppers.

When a critical mass of people realizes that the incremental value of w*rking and taking calculated risks with your capital is approaching zero, because it will be taken from you and given to others not producing, we are in big trouble as a society.

"National health care" is a perfect example. There may be no better way to encourage a lot of upper-middle class folks in their 50s (who pay a lot of taxes) to leave the work force (since they no longer need to work for health insurance) and become net tax *consumers* instead of tax *payers*.
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

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Old 06-20-2008, 08:43 AM   #22
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That's exactly it. I sense a growing call for redistribution -- higher taxes and means testing on the ants and more goodies for the grasshoppers.

When a critical mass of people realizes that the incremental value of w*rking and taking calculated risks with your capital is approaching zero, because it will be taken from you and given to others not producing, we are in big trouble as a society.

"National health care" is a perfect example. There may be no better way to encourage a lot of upper-middle class folks in their 50s (who pay a lot of taxes) to leave the work force (since they no longer need to work for health insurance) and become net tax *consumers* instead of tax *payers*.

Exactly. Someone needs to foot the bill. If enough people make the same mistake, it encourages more people to do it. Then, everyone realizes they can vote in leaders who will just bail them out and the wheel keeps on turning...
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