Spreading the Wealth

Every day I drive home to hear smear campaigns that have no legitimacy. Ads that ATTACK the American People, that they should fear that their personal wealth is going to being distributed throughout society. Well folks, that has been going on for over 100 years. There are many ways our Government spreads the wealth by taxing corporations and individuals and utilizing the money to employ 35% of the workforce. What about Section 8 housing or even the Public Finance in general. We all work hard to build a nest egg so that one day we can retire, but a portion of that income is taxed and sent to the US Treasury and State Franchise Tax Boards. This money is redistributed to less fortunate people or to build new projects like bridges or schools. In the form of Public Finance, it is your property taxes that pay back the General Obligation Bonds that we all vote on to help improve our society. It seems that personal GREED has taken a very dark turn during this election and the use of FEAR seems very unethical. The average citizen in the US has no idea how our own system works, so hearing adds about your taxes going up and a redistribution of wealth taking place is ludicrous. It was proven just 10 years ago, with the fall of the Soviet Union, that having a society where intellect has no value, fails. From an economic standpoint, we can't raise taxes while in a severe recession, but in the future we need to show some responsibility for the last 25 years of spending. The reason for our recession is multi-dimensional but most importantly caused by the American People using too much credit and not saving. In fact, we have the lowest savings rate in the world. The real FEAR is that if taxes do go up, the ability of greedy Americans to service all the debt they incurred, from credit cards to 100% mortgages, will not be sustainable. Trust your Fed President as he understands these problems and how to tackle them. I only write this as we are being sold a false bill of goods during this election. Let's hope the American People can overcome these personal issues and look at our society as a whole to make our country a better place.