"Corporation" is a dirty word these days. It brings to mind the filthy rich, greedy SOBs who dole out exorbitant salaries and bonuses to CEOs who enslave the working poor in return. The weathiest oligarchs, we're realizing, pay little or no taxes and send jobs overseas to employ cheap labor.
But we must be careful about painting all corporations with the same broad brush. Many small businesses, (owned by people like you and me) are incorporated, and as such, they pay huge fees and taxes in order to conduct business. Let us be wary of supporting legislation that pretends to support the populus belief that all corporations are evil thugs, when its motive for passing regulations is yet another scheme to increase taxes on the middle class and to divide us as a nation. ~ Noa
Porter Stansberry: This is why there are no jobs in America
Monday, May 23, 2011
From Porter Stansberry in the S&A Digest:
I've decided to re-publish the most popular essay I've ever written. For some subscribers, this will only be a reminder about the serious problems we face in America. But for the many subscribers we've added in the last several months, this will be all new.
If it resonates with you... if you see these same problems in your communities... I encourage you to pass this along to your friends. This is a message we must get across to our fellow citizens. Robbing Peter to pay Paul will not lead to national wealth or prosperity. It will only lead to bigger problems for our children and grandchildren.
This Is Why There Are No Jobs in America