Thursday, February 10, 2011

Just Wondering........

 General Motors shareholders lost ALL of their money when the company went bankrupt.  Then it was bailed out by US.  US meaning both us (the people) and us the United States.  Now, the auto company is again very profitable and it has issued new stock!!!!!

Just wondering............  Wouldn't it be the right thing to do...for GM to set aside half of its new stock and give it for free to the old stockholders who got wiped out!  I do not have a horse in this race.  I'm..............................just wondering.


In Massachusetts, voters in early November of 2010 had a chance to reduce the sales tax from  6.25 per cent to three per cent.

 A massive campaign was launched by the vested interests, that promised nothing less than Armageddon if the tax was reduced.
 Schools would be closed, they said.  Local aid would be cut.... there would be no money for towns and cities.  The towns and cities  woud not  be able to provide services.

The voters, properly cowered, caved in and kept the tax at its high rung on the ladder.  Please note that neighboring New Hampshire has no sales tax, so millions of dollars of Massachusetts money is spent in the "Life Free or Die": state - while Massachusetts  businesses don't live free and they do die with great frequency.

Massachusetts  had an early Fall storm just a week or two after the election last November.  Streets froze, a small amount of slushy snow made the highways as slick as the ice in Boston Garden where the Bruins play hockey.  On the morning after the storm, residents left their homes with confidence, knowing they had
just propped up the politicians with a huge sales tax  bonanza.

That confidence faded faster than the favorite in the Suffolk Downs feature race, as motorists played bumper cars all the way to work on the icy byways of the commonwealth of massachusetts.

Where were the plows and the sanders that the taxpayers had just paid for?

 Moral of the story.  Voters should have increased the sales tax to fifty per cent.  That way, after the politicians' greed and corruption, there might have been a few crumbs left....
and those crumbs could have been used to sand the streets!

I will not speak badly of Massachusetts politicians.  Instead, I will let the record speak for them......

THREE CONSECUTIVE MASSACHUSETTS SPEAKERS OF THE HOUSE LEFT THE JOB UNDER A CLOUD OF SUSPICION - FELONS ONE AND ALL!!!!

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