I’m confused and I need your help! There are supposedly millions of people in the world who believe a Republican is actually going to beat Obama and win the 2012 Presidential election. Of these fine people, many think Mitt Romney will be the leading candidate. You know, the one who on national TV bet Rick Perry $10,000 bucks on something he claims he did not say. Way to really connect with the American people Mitt! The average household income is around $55,000, and you’re talking $10,000 bets?!
Mitt Romney’s 13.9% Federal income tax rate on his $21.7 million 2010 earnings is a lower tax rate than an individual making $60,000 a year. Yet, for some odd reason, Republicans believe the middle class of America won’t be bothered by this fact and revolt against an “evil rich person” who is out of touch with America. Come on folks, people are selfish and greedy! If we can’t have our strawberry cheesecake, nobody else is going to have it too! We’d rather have the cheesecake rot on the sidewalk for the mice to eat.
There are millions of people in America who are willing to vote on a candidate to raise taxes on other people without being willing to pay more taxes themselves. I’ve written time and time again that this is not right, and we should fight for equality every single day. Discrimination is not OK if you are not being discriminated against! But, I also realize people don’t really care what I say, or whether other people are being discriminated against. People vote with their pocket books, baby! Everybody else be damned!
MY GRASS ROOTS PROPOSAL TO GET REPUBLICANS TO DONATE MORE TO CHARITY
I firmly believe President Obama will get re-elected in 2012. The economy is growing, the stock markets are recovering, unemployment will breach 8%, lending is loosening, housing is recovering, and the sun still rises. I also believe that people will vote in their best interests.
Given the majority of people in America make less than $200,000, the level at which Obama wants to raise taxes for individuals, most people don’t care if Obama raises taxes because it doesn’t affect them. Given Mitt Romney is in the 0.001% and talks about lowering taxes, most of the people he addresses are such a tiny minority that they don’t have the power to overcome the majority.
I welcome all Republicans and believers in a Republican Presidential candidate win to bet me what you believe will come true. I am willing to put my money where my mouth is and bet up to $10,000 total just like Mitt Romney. I will accept bets as little as $10 and as much as $1,000 per person to keep it friendly.
The only condition is that if Obama dies before he gets elected, all bets are canceled because that is just too terrible a tragedy.
If I win, all $10,000 will go to various charities of my choice. If you win, all of my money will go to a charity of your choice. This way, the biggest winner are the people who need it most, not us knuckleheads with strong convictions to think rationally and realistically about the future of America.
I’ve currently got about $2,000 from the online community, and about $3,000 from the offline community in play. I do want to warn you not to read this post, “How To Drastically Increase Your Betting Odds And Help Others” before you place your bet with me. Also, please don’t read any of my past predictions either. Have conviction in your beliefs and put some money on the line for charity.
LET’S MAKE A DIFFERENCE!
I’m sick of our politicians promising one thing to help our people and our country, and doing another thing. The temptation of money and power is too great for politicians to do the right thing once they reach Capitol Hill. You’ve got example after example of politicians abusing their power through insider trading, misappropriating government funds, sleeping with interns, and straight out lying about their campaign promises.
I solemnly swear that I will honor all my bets up to the $10,000 limit if I lose. By commenting below, you too, are solemnly swearing to deliver on your promise and send me the money via Paypal or check, for me to distribute to local charities here in the San Francisco Bay Area.
The average percent of income donated to charity can improve. We can make a difference by believing in the rationality of the mind. If each person bets someone who believes a Republican will win just $100 bucks, and donates those winnings to charity, together we can raise hundreds of millions of dollars for charity!
The Best Of Financial Samurai eBook: I’m donating all proceeds from my book to a charity to help inner city kids stay off the streets and stay in the class rooms. The book contains 35 of the best articles I’ve written over the past seven years on Financial Samurai to help you achieve financial freedom sooner, rather than later. It’s roughly 180 pages long and only costs $9.88. You can buy The Best Of Financial Samurai here and learn more about the product. Why not learn and give at the same time!
Updated for 2016