Monday, March 2, 2009

You can't buy the American Dream on credit

All American's are not created equal. We are all born into different circumstances and not to our choosing of course. Some wealthy and some poor. What each of us does from that point forward is the essence of America. Each of us should have access to the American Dream, but obtaining it is up to each of us. We must each take responsibility for the presence or lack of desire to sacrifice whatever it takes to realize the American Dream. Being born rich is no gaurantee for success and being born poor is no excuse for failure. The original Continental Congress of 1776 recognized the importance of this. It was never their intent for a central government to subsidize "The American Dream" opr to become the "Great Equalizer" for a mass of people, who refuse to sacrifice or do whatever is necessary to obtain "The American Dream" on their own. In current times, you can sum it up like this...People will take whatever you give them, whether it is good judgement or not. Thus, credit card companies keep lending and lending to people that cannot pay any more back than the minimal payment and mortgage companies and banks keep handing out low interest mortgages for houses that the buyer can't afford. People that are financially responsible and who sacrifice are left to pick up the tab. I was trying to compose my thoughts as a small business owner (my physician practice) on the economy, when this email landed in my box. It says it all perfectly and sums up my feelings as a small business owner. I am tired of apologizing for making sacrifices to build a successful business and doing it successfully. Tired of subsidizing other peoples lack of sacrifice and poor judgement and wanting to borrow the "American Dream" on credit. The only way to stimulate the economy is the private sector and not big government. 1/2 of this country, 1/2 of congress and The President dont get it. Just finished watching the John Adams 7 -part mini-series. Those guys had it right.

Patriot54

A letter from the Boss:
>
> To All My Valued Employees,
>
> There have been some rumblings around the office about the
> future of
> this company, and more specifically, your job. As you know,
> the economy
> has changed for the worse and presents many challenges.
> However, the
> good news is this: The economy doesn't pose a threat to
> your job. What
> does threaten your job, however, is the changing political
> landscape in
> this country.
>
> Let me tell you some little tidbits of fact which might
> help you decide
> what is in your best interests.
>
> First, while it is easy to spew rhetoric that casts
> employers against
> employees, you have to understand that for every business
>
> owner there is a Back Story. This back story is often
> neglected and
> overshadowed by what you see and hear. Sure, you see me
> park my Mercedes
> outside. You've seen my big home at last year's
> Christmas party. I'm
> sure; all these flashy icons of luxury conjure up some
> idealized
> thoughts about my life.
>
> However, what you don 't see is the BACK STORY :
> I started this company 28 years ago. At that time, I lived
> in a 300
> square foot studio apartment for 3 years. My entire studio
> apartment was
> converted into an office so I could put forth 100% effort
> into building
> a company, which by the way, would eventually employ you.
>
> My diet consisted of Ramen Pride noodles because every
> dollar I spent
> went back into this company. I drove a rusty Toyota Corolla
> with a
> defective transmission. I didn't have time to date.
> Often times, I
> stayed home on weekends, while my friends went out drinking
> and
> partying. In fact, I was married to my business -- hard
> work,
> discipline, and sacrifice.
>
> Meanwhile, my friends got jobs. They worked 40 hours a week
> and made a
> modest $50K a year and spent every dime they earned. They
> drove flashy
> cars and lived in expensive homes and wore fancy designer
> clothes.
> Instead of hitting the Nordstrom's for the latest hot
> fashion item, I
> was trolling through the discount stores for clothing that
> didn't look
> like it was birthed in the 70's. My friends refinanced
> their mortgages
> and lived a life of luxury. I did not. I put my time, my
> money, and my
> life into a business with a vision that eventually, some
> day, I too,
> would be able to afford the luxuries my friends supposedly
> had.
>
> So, while you physically arrive at the office at 9 am,
> mentally check in
> at about noon, and then leave at 5 pm, I don't. There
> is no "off" button
> for me. When you leave the office, you are done and have a
> weekend all
> to yourself. I do not have that freedom. I eat and breathe
> this company
> every minute of the day. There is no rest. There is no
> weekend. There is
> no happy hour. Every day this business is attached to my
> hip like a
> one-year-old special-needs child. You, of course, only see
> the fruits of
> that labor -- the nice house, the Mercedes, the
> vacations... you never
> realize the Back Story and the sacrifices I've made.
>
> Now, the economy is falling apart and I, the guy that made
> all the right
> decisions and saved his money, have to bail-out all the
> people who
> didn't. The people that overspent their paychecks
> suddenly feel entitled
> to the same luxuries that I earned and sacrificed a decade
> of my life
> for. Yes, business ownership has it's benefits but the
> price I've paid
> is steep and not without wounds. Unfortunately, the cost of
> running this
> business, and employing you, is starting to eclipse the
> threshold of
> marginal benefit. Let me tell you why:
>
>
> I am being taxed to death and the government thinks I
> don't pay enough.
> I have state taxes. Federal taxes. Property taxes. Sales
> and Use taxes.
> Payroll taxes. Workers Compensation taxes. Unemployment
> taxes. Taxes on
> taxes. I have to hire a tax man to manage all these taxes
> and guess
> what? I have to pay taxes for employing him. Government
> mandates and
> regulations and all the accounting that goes with it, now
> occupy most of
> my time. On Oct 15th, I wrote a check to the US Treasury
> for $288,000
> for quarterly taxes. You know what my "stimulus"
> check was? Zero. Nada.
> Zilch.
>
> The question I have is this: Who is stimulating the
> economy? Me, the guy
> who has provided 14 people good paying jobs and serves over
> 2,200,000
> people per year with a flourishing business? Or, the single
> mother at
> home pregnant with her fourth child waiting for her next
> welfare check?
> Obviously, government feels the latter is the economic
> stimulus of this
> country.
>
> The fact is, if I deducted (read: stole) 50% of your
> paycheck you'd quit
> and wouldn't work here. And why should you? That's
> nuts. Who wants to
> get rewarded only 50% of their hard work? Well, I agree
> which is why
> your job is in jeopardy.
>
> Here is what many of you don't understand: To stimulate
> the economy, you
> need to stimulate what runs the economy. Had government
> suddenly
> mandated that I didn't need to pay taxes, guess what?
> Instead of
> depositing that $288,000 into the Washington black-hole, I
> would have
> spent it hiring more employees and generating substantial
> economic
> growth. My employees would have enjoyed the wealth of that
> tax cut in
> the form of promotions and better salaries. But you can
> forget it now.
>
> When you have a comatose man on the verge of death, you
> don't
> defibrillate and shock his thumb thinking that will bring
> him back to
> life, do you? Or, do you defibrillate his heart? Business
> is at the
> heart of America and always has been. To restart it, you
> must stimulate
> it, not kill it. Suddenly, the power brokers in Washington
> believe the
> poor of America are the essential drivers of the American
> economic
> engine. Nothing could be further from the truth and this is
> the type of
> "change" you can keep.
>
> So where am I going with all this? It's quite simple.
>
> If any new taxes are levied on me, or my company, my
> reaction will be
> swift and simple. I fire you. I fire your co-workers. You
> can then plead
> with the government to pay for your mortgage, your SUV, and
> your child's
> future. Frankly, it isn't my problem any more. Then, I
> will close this
> company down, move to another country, and retire. You see,
> I'm done.
> I'm done with a country that penalizes the productive
> and gives to the
> unproductive. My motivation to work and to provide jobs
> will be
> destroyed, and with it will be my citizenship.
>
> So, if you lose your job, it won't be at the hands of
> the economy. It
> will be at the hands of a political hurricane that swept
> through this
> country, steam-rolled the Constitution, and changed its
> landscape
> forever. If that happens, you can find me sitting on a
> beach, retired
> with no employees to worry about.
>
> Signed, THE BOSS*

* The Patriot Blog was developed as a forum to support and defend the ideals as set forth by the Continental Congress of 1776. This is a great country and preservation of the ideals and principles as set up in our Constitution and Bill of Rights. We are not now and never will be a socialist nation