RespireRx Pharmaceuticals Inc (RSPI)

[bigworld]

assuhowe:
Crazy and unfactual? Let's wait a few more years and we'll see whose reality is closer to the truth. I've been to Europe at least a dozen times. Many parts are beautiful. Their high tax + high benefit society might seem ideal to you. But you fail to see the economic and social sclerosis beneath the Disneyland facade. Unemployment chronically over 10%, an estimated 30% lower standard of living that Americans have enjoyed up until now, $8 a gallon gasoline, an incredibly low birth rate...I could go on. Their soft underbelly will show in the coming years. There is social unrest in Greece, Iceland, Latvia. Eastern Europe is next, and it in turn is in the process of bringing down Austria and Italy (for starters.) It will spread as people's "demands" exceed the capacity of the productive to provide. What we've seen here and around the world is just the tip of the iceberg. A social service net where 75% bear the burden for 25% is sustainable. The reverse is not. That's where we're going. Good luck with that. When 700 people line up to apply for one janitor job paying $15.00 an hour it isn't just a little recession anymore. You'll see. When you tax the hell out of something you get less of it. When you subsidize something you get more of it. Simple economics. They should be encouraging would-be entrepreneurs with lower capital gains taxes, lower income taxes and lower corporate taxes. Not lining them up like they are pinatas simply there to bash and collect goodies from. Mark my words. Capital flows to where is treated most kindly.
Asia will own the rest of this century. Beyond that is anyone's guess. But we've outspent our position in the scheme of planet earth. And all your beloved increased government spending only adds more dirt on top of the grave. These things take time. It took decades for Rome to fall. We're no different. Time will prove me to be right and you to be naive. There you go.