Comments on: For those with money, now is not the time for conspicuous consumption http://www.lesperanceassociates.com/blog/?p=122 Minding your passport portfolio Tue, 07 Sep 2010 21:32:41 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Ian Angell http://www.lesperanceassociates.com/blog/?p=122&cpage=1#comment-3 Ian Angell Mon, 02 Mar 2009 08:38:24 +0000 http://www.lesperanceassociates.com/blog/?p=122#comment-3 It's going to get so much worse. With governments spending taxpayer's money like drunken sailors on their misguided bailout schemes, those tax payers will have to pay more. All taxation is theft, by government, and the scale of that theft has to increase in order to pay for their profligacy. They steal off savers by reducing interest rates to zero, then there's the question of a devaluation of the currency - but 'soaking the rich' remains the theft of choice by 'democratic' governments. It’s going to get so much worse. With governments spending taxpayer’s money like drunken sailors on their misguided bailout schemes, those tax payers will have to pay more.

All taxation is theft, by government, and the scale of that theft has to increase in order to pay for their profligacy. They steal off savers by reducing interest rates to zero, then there’s the question of a devaluation of the currency – but ’soaking the rich’ remains the theft of choice by ‘democratic’ governments.

]]> By: Caird Urquhart http://www.lesperanceassociates.com/blog/?p=122&cpage=1#comment-2 Caird Urquhart Sun, 01 Mar 2009 20:02:42 +0000 http://www.lesperanceassociates.com/blog/?p=122#comment-2 I love your comment about people with money are not going out as much, not because they can't but because they can and don't want to be so obvious. Wonderful insight! The question remains; How do those who truly have something to offer these people get to them? In my opinion, the great opportunity that lies ahead of us all during this economic wake up period is to turn away from the doom and gloom and to explore without hesitation creative ways to continue productivity. Those who embrace that idea will not only find the wealthy but will become their biggest ally. In return success will follow for all involved regardless of the economic climate. I love your comment about people with money are not going out as much, not because they can’t but because they can and don’t want to be so obvious.

Wonderful insight!

The question remains; How do those who truly have something to offer these people get to them?

In my opinion, the great opportunity that lies ahead of us all during this economic wake up period is to turn away from the doom and gloom and to explore without hesitation creative ways to continue productivity. Those who embrace that idea will not only find the wealthy but will become their biggest ally. In return success will follow for all involved regardless of the economic climate.

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