Comment

Comment by Patriot Pete on July 22, 2012 at 10:03pm

lol Troy, (I deleted my post, corrected some spelling then reposted, that's why your comment "Sun Hater" is below my last post)

No! I'm a Sun *worshiper* .... hope I never become and Owl worshiper

Comment by Patriot Pete on July 22, 2012 at 9:55pm

The cost of Electricity has gone through the roof ... because citizens are doing the right thing by the environment by installing solar panels which means there's less consumption of corporation coal fired electricity and to maintain the cost of running those power stations, the electricity charges must inevitably rise. All the solar panel advertising about reducing your power bill becomes irrelevant when your next bill comes in. It's like inflation, a "dog chasing it's tail"

Citizens without solar get hit the hardest from this, they mostly pay the penalty, prompting them to hurry up and install some panels....after which the corporations will hit you harder for the coal fired power that you do use, besides your solar power

Can you see where all this is going ? we'll end up living like Braveheart except with little shiny panels on top of our straw huts.... the mind boggles!

That's right Tyrone, alternative location and alternative ways, that's it and I for one am doing that at present, moving! But the important thing is, do it to escape the top down socialism and politics ... and the rising taxes, our whole being is suffocated by them

Comment by Patriot Pete on July 22, 2012 at 8:45pm

Gettin' close to it Troy ... the State of NSW just bunged on another charge, this time it's a Triple "0" Emergency levy for uninsured homes. (AUTriple "0" = US911)

Also a new tax on plastics! how wide ranging this tax is I've yet to find out, but for drink containers you get something back if you return them

So! we have Income tax (up to 30%), Goods and Services tax (10%), Fuel excise, Carbon tax, Environment levies, fees and charges, State and Local Government fees and charges on just about everything, Road taxes ..... it's all getting out of control and there's less and less each day to show for the mega bucks they're racking in, except of course for the politicians' show case photo ops abroad with fellow Socialists, Fabians and Communists 

Comment by Patriot Pete on July 22, 2012 at 8:03pm

Govts' will raise taxes, fees and charges. It's not inconceivable that you'll be paying 60% of you income in taxes in coming years

that said, here are ....

100 Mind-Blowing Facts About the Economy

By Morgan Housel  
July 17, 2012

http://www.fool.com/investing/general/2012/07/17/100-mind-blowing-f...

Probably not wise to take them all as gospel but I think point number 14 may be true...

14. At the height of his success, Andrew Carnegie's annual income was 20,000 times the average American's wage, according to historian Frederick Lewis Allen. That's the equivalent of about $720 million in today's economy. In 2010, hedge fund manager John Paulson earned $4.9 billion, or nearly seven times what Carnegie earned in his prime. The key difference: Carnegie made steel to construct buildings. Paulson bought derivatives to bet against them.