Re: 2015

On Sep 27, 3:25 pm, Willie.Moo...@xxxxxxxxx wrote:

The world's 6.8 billion people produce $65 trillion of wealth each
year. The US population of 300 million produce $12 trillion of this.
The world consumes $3.2 trillion worth of food. The US consumers $1.0
trillion of this total. The world consumes $2.0 trillion worth of
energy. The US consumes $550 billion of this total. There are 9.5
million millionaires in the world today, less than half of them reside
in the US. Together they control $32 trillion. Most of this is
liquid. There are fewer than 700 billionaires in the world. Fewer
than half of these reside in the US. Together the billionaires
control $2.2 trillion. The population of millionaires and
billionaires are growing at double digit rates!! They're the fastest
growing economic group on the planet.

Sociologically, wealth is spread over a greater number of people more
evenly than at any other time in human history. That is, all of the
millionaires in the world together have demanded only 6 months of
labor from our entire working life. Contrast this with earlier ages
and you will see that their accumulations of wealth are easily borne
by humanity, and their contributions in terms of intellectual property
and management skills, more than pay for their consumption.

The real burden on humanity is excessive taxation and government
intervention in the business cycle. Granted there are legitimate
third party issues that government must address. But excessive
taxation - as defined by Schumpeter - and tortuous interference in the
name of politics - is the biggest burden on the human race. Nearly
2/3 of humanity's output is directed toward paying for government
programs or paying for government mandated programs. This leaves but
1/3 of human activity to pay for the actual output.

Once governments agree not to kill people, not to over-tax people, and
not to lie to people, a rational collection of governments that are
free from corruption and military expenditures would consume only 1/4
of all human wealth, and return a large portion of that to benefit the
communities in which they operate. Nations who have adopted policies
that avoid war, avoid over-taxation, and avoid disinformation, have
lower tax rates, more peaceful existences, greater rates of capital
formation, and better living conditions than the rest of the world -
despite their not having substantial resources or natural advantages.
(for example, Japan and Switzerland)

For many of us that means going and/or being forced off-world, as our
faith-based puppeteered government as having summarily screwed itself
and us into a very dark and scary corner, whereas many of us survivors
are uncontrollably pissing in our pants because we have lost all faith
in the past, as well as having lost most all control over the present,
and there seemingly is no viable future to behold that's not bloody
and/or full of collateral damage.

In other words, it's serious and retroactive *** kicking time, like
none other.
- Brad Guth -

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