On Tue, 26 Jul 2011 15:55:36 -0600, Canuck57
wrote:

On 26/07/2011 3:38 PM, Frogwatch wrote:
Although the economy in most of the country is stuck in Obama's
depression due to his doing all he can to kill jobs, some places are
actually booming. Wyoming has only 5.9% unemployment and it seemed
like most businesses have "help wanted" signs and the local paper was
filled with good paying jobs. Almost all are oil and gas related but
good jobs nevertheless. Next door in Blue state Colorado, the
situation looks bad with very few jobs and businesses closing.
We did not go thru ND but people in WY told us that they were being
recruited to move to ND to work with major pay increases. ND is
having a major oil and gas boom too. TX is having an oil and gas boom
and high employment because they are business friendly and have not
allowed Obama's job destroying policies to be implemented. Meanwhile,
in LA and MS, Obama's policies have nearly killed the offshore oil and
gas business eliminating over 250,000 jobs.
Back in FL, things look grim with empty houses not being sold and
unemployment at 13% and the enviroes not allowing offshore drilling.
Elections have consequences.

It is as if Obama wants to ruin the USA with debt and unemployment.
Obama, doing what Osama could not do.

Actually that is harsh on Obama as I believe it to be a larger problem.
To be fair when 2006 democrat congress had the US Fed create money
fraudulently to lower interest rates to zero, that was a cornerstone of
US government bankruptcy.

Take a retired worker, say $5M in the IRA/Cash accounts. 5% interest or
dividends would be a $250K taxable income. At todays rates the same
person pays no taxes because the earned taxable income is under their
basic deductions. Even business are under no pressure to earn as much
with zero rates for money, so 9% earnigns migh be 4% for even less taxes.

In short, what destroyed government revenue was ponzi fraud US
Fed-Bernanke and democrat lust for cheap debt.

Investors like me don't take on investments that create jobs if my
return is below inflation+taxes+risk...not going to happen.

And people earning less, spend less and it trickles through as unemployment.

Meanwhile Obama bails out the corrupt, spending more then ever before.

Fleabaggers need a bitch slap to wake up.

State side, I would not move to a state without checking out it's debt
situation. I even factor this in to what few investments I have left in
the USA checking out a prospective investments home states credit
situation. Last thing I want is to invest into a state that is about to
get tax greedy.

State side? You're not allowed to enter this country. You already
admitted it.