Tag Archives: tax donkeys

Push Them Hard Enough and the Productive Class Will Opt Out of Servitude

One of the most astonishing manifestations of disconnected-from-reality hubris is public authorities’ sublime confidence that employers and entrepreneurs will continue starting and operating enterprises no matter how difficult and costly it becomes to keep the doors open, much less net a … Continue reading

Posted in General | Tagged , , , , | Leave a comment

Tax Donkeys: Rich Enough to Pay Most of the Taxes, Not Rich Enough to Buy Politicians

Real political representation must be bought, just like everything else in a market economy. Mike Swanson (Wall Street Window) and I were discussing the difference between the 1% who earn $360,000 annually and up and those in the Oligarchy class–the … Continue reading

Posted in General | Tagged , , , , , , , , | 2 Comments

Neofeudalism 101: Strip-Mining the Upper Middle Class

This Neofeudal structure is unstable by its very nature. I have often examined the Neofeudalist structure of the U.S. economic hierarchy, and the many social and financial fault lines running through this creaking structure. For example: America’s Nine Classes: The … Continue reading

Posted in General | Tagged , , , , , | 4 Comments

A Reader Asks: How to Find Shelter from the Coming Storms?

Some basic suggestions for those who are seeking shelter from the coming storms of global financial crisis and recession. Reader Andy recently wrote: “I look forward to your blog each day but am still waiting for your ideas for surviving … Continue reading

Posted in General | Tagged , , , , , , , , , , , , | 1 Comment

Neofeudalism’s Tax Donkeys (Yes, You) and the Battle for Control of Resources

Those who own the resources and influence the political control of those resources are the New Nobility in a pernicious Neofeudalism enforced by the very government that claims to serve the debt-serfs and tax donkeys. Let’s tease apart several strands … Continue reading

Posted in General | Tagged , , , , | Leave a comment