Thursday, January 24, 2013

BloggeRhythms 1/24/2013

I’ve mentioned before that there are often times where predictions of mine pan out, and today’s one of those instances.
 
However,  to set things straight, I’m not suggesting I’m clairvoyant or have some kind of extrasensory talent. My procedure’s much simpler than that. I read lot’s of information daily, from a variety of sources, and then I digest what I’ve read, take the time to think it all through and then, try to intelligently conclude where it leads.
 
In that regard, one of my hot button issues lately has been taxation in California. Primarily because I think that state's a forerunner of what will soon happen to the entire U.S. And as reported today on Fox News.com, by  William La Jeunesse: “California expects to net $5 billion to $7 billion annually by increasing the tax rate on households making more than $250,000 a year -- and which already  pay 62 percent of state income taxes.”
 
But, what I think is far more important, and a confirmation of my predictions of the last few months, is that as each day goes by, more and more revenue-producing, high-taxpaying- businesses and individuals are leaving the state in droves.
 
Consequently, I also believe that when it all sorts out, Jerry Brown and his cohorts will be governing a state whose population’s contrived of welfare recipients, unidentifiable illegal aliens, unionized semi-literate teachers, some farmers and the homeless wandering San Francisco unbridled. However, huge Silicon Valley employers, manufacturers of all types, and almost any other business producing decent revenue, thusly paying everyone else’s freight and subsistence, will simply keep abandoning his venue because it makes absolutely no economic sense whatsoever to stay there.
 
To give you more detail on the exodus presently heating up, I’ve included a link to Mr.La Jeunesse’s concise, well-written piece on the subject:  California residents, businesses consider bailing on Golden State over taxes.
 
In conclusion then, as I’ve been expecting for quite some time now, a tax revolt’s stating to take place in various locations around the nation, and those producing the revenue that drives the economy are getting quite fed up. Especially so because socialism has never worked and can’t because its basis is flawed.
 
Consequently, in one way or another, those promoting that system are going to wind up at the head of the longest line of losers the world’s ever known while all the brightest, best and financially successful will be long gone. And although precisely where they’ll all head is still basically unknown, one things absolutely for sure: they’re far too smart to stick around where they are right now.
 
That's it for today folks.
 
Adios

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