Monday, July 20, 2009

John F. Kennedy Quotes

I got an email that started with a quote from JFK that I wish the current politicos would read: "An economy hampered by restrictive tax rates will never produce enough revenue to balance our budget, just as it will never produce enough jobs or enough profits."

While trying to confirm that this was indeed JFK, I also found another one that amazed me (based on our current National situation): "Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future."

And another one: "The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy."

Wow. So what the hell is our Congress up to? There is too much partisan BS going on in Washington and WAY too much spending and both parties are to blame. I can't believe the costs of our programs--it's funny how much costs to do business are rising DUE to the government. Everyone blames the current mess we're in on lack of restrictions; that is true to a degree (esp. as it relates to non-collateralized securities) but if the government would stay out of our lives, we would be in much better shape! My 2 cents and soapbox for today... Cheers, Bo

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