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© Martin Hladyniuk
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Perspective:
Frédéric Bastiat June 30, 1801- December 24, 1850. French economist: “Government is the great fiction, through which everybody endeavors to live at the expense of everybody else. Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.”
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“When your child is a little older, you can teach him about our tax system in a way that is easy to grasp. Offer him, say, $10 to mow the lawn. When he has mowed it and asks to be paid, withhold $5 and explain that this is income tax. Give $1 to his younger brother, and tell him that this is “fair”. Also, explain that you need the other $4 yourself to cover the administrative costs of dividing the money. When he cries, tell him he is being “selfish” and “greedy”. Later in life he will thank you.”
― Joseph Sobran
The local real estate hens continue to listum high because, you know, if you don’t get in the game now, you will missout on the boom ! i THINK i HEARD THAT BEFORE,
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Yep, one of their favorite pitches this year has been ‘buy now before rates go higher’… while ignoring the fact that higher rates chill house prices.
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