Tuesday, September 20, 2011

US worse than Greece

That the US is more in debt than Greece is nothing new, but it rarely makes it into CNN. Also, because of its size and power the destiny of the US and Greece will not be the same. Greece will be torn into shreds while the US has several options not available to Greece due to its dominance of the Dollar currency, the military strength, and political/military control over the oil supply.

The article suggest a new tax plan for the US eliminating the personal and corporate income tax and basing everything on a 17.5% sales tax. The Purple Plans are 5 plans out of which one is the The Purple Tax Plan. The name purple is used as a middle ground for red (Republicans) and blue (Democrats).

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