The Government Always Wins
The government’s gambling hypocrisy: Bad odds and no competition. Here’s more from John Stossel.
The government’s gambling hypocrisy: Bad odds and no competition. Here’s more from John Stossel.
Everyone knows the odds of winning a $100 million lottery are about as likely as getting struck by lightning three times in a row. Yet the lure of $100 million smackers is strong and folks continue to pile millions into the jackpots everyday.
Simply put, this is a tax on stupid, says Coach Red Pill. The bad news is there are other taxes on stupidity and they’re all around in our society. “Especially of late,” says the Coach. “The elites are becoming more rapacious and are willing to milk and slaughter all the cows.”
Among the more repugnant taxes on stupid, says Coach, come from the attraction of investing in the crypto currency craze and the ever-speculative stock market. As for day trading–major tax on stupid! Here’s more with Coach Red Pill.
We are bombarded daily by lottery ads promising riches beyond our dreams, while risking only a few dollars. But as one pundit said, “The lottery is only a good investment if you win it.” And even then the perils are many. If you haven’t figured it out by now, the lottery ads are less than honest, targeting lower-income households who have no other way to climb out of poverty. In reality, you’re 5,000 times more likely to be struck by lightning and 8,000 times more likely to be murdered than to win the big one. It’s one big scam, to say the least, but a legal one! Learn more in this video by Cracked.
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