Now that I've had a chance to rant to blow off steam, I'll share a story. I have to leave out details as I don't recall what I can and can't say as someone who has held SEC licenses. Also, a few things could be taken for slander. I'm not attorney, but why take a chance.
Some time ago, I went to work for a large investment bank. I was part of the mergers and acquisitions team. I did this for some time and made lots of money. Nothing really bothered me until one day, something did. We were in a position to make loads of cash on a deal, but it involved laying off several thousand employees. This wasn't unusual and it happened before, but something was grinding me. I recall making mention of it during lunch. It isn't uncommon for all staff to have a bite together for a short while despite the crazy schedules we all worked. A few of the comments I heard: "what do I care about those #######", "they're just retarded people no one will miss", "so long as they stay away and not breath on me". The merger did go through and several thousand people were told to get lost. A month later, I left the I-Banking world. I now work for a non-profit that tries to improve education around the country and world.
A few points, the GOP strategy wants to continue giving breaks to people like I described above, myself included as I made quite a bit back then. They don't give a flying hoot about anyone in the lower and middle classes.
If you regulate investors may run overseas. But most won't and here's why. Many of the places overseas offering large returns also has enormous risk. Here in the US you can make money doing the same thing and be protected for doing so. Plus, most of those markets are very small and easy to saturate.
If you roll-back the tax cuts, they may run. No they won't for the same reasons. They'll moan and groan, but few are going anywhere.
Of course by taxing you may crowd out and stunt some growth, but you still have a gain when all is said and done. This is where the free market still works as people will still try and find ways to lower costs and compete. Obama's plan will cost us dearly as a nation, but McCain's will bankrupt us.
As for being told to leave, all I can say is how dare anyone tell me to leave. I have just as much of a right to be here as any else regardless whether I'm satisfied or not. The constitution not only gives me the right to be dissatisfied, but it gives me the right to show it. This was by far the most un-American, pathetic, disgusting comment I've heard in some time. In my original post, I gave a good snapshot of what a true capitalist is all about and this is the very thing the GOP encourages. But what they don't tell you is that it all has to come from somewhere and unfortunately, that's usually the people at the bottom and in the middle. My apologies to anyone who found it offensive.
