ladytech777
.270 WIN
Sorry Guys- I can not agree with this! Lets go back and see how this was all started- WITH a Republican Administration. We started with a 3 TRILLION SURPLUS when "Dubya" came to office.
We started a war and BORROWED the money to finance it. Bush then gives out tax breaks to the rich and tells the people we overpaid on our taxes. The he removes all banking controls to "give everyone a house that wants one"! (Nevermind whether or not they can actually afford it) All this unsecured debt is then tied in with some "reasonable" debt paper and sold all over the world. When all these loans become "payable" guess what- there is no money behind it- it's all paper!
SO- the U.S. Gov't jumps in the "save" the economy and bails out the banks. NOT ONE of these bankers that made ALL the decisions to write these loans was ever held accountable! To top it off- the republicans administration now decides there will be "no new taxes" to increase revenue flow to pay the debts! They just hand the bill to the American public!!! After the election and the Republicans loose control it becomes a new presidents "problem". The Republicans were on a spending spree for 10 yrs and all they can do in blame the guy who inherited the problem for not being able to fix it in 3 yrs. Now they want to continue the process, by not raising taxes on those who can easily afford it, but by stripping the rights of Labor to negotiate with Management (gov't or corporate)!
Yes we need to reduce spending but we also need to increase revenues. When a Guy like Warren Buffet and many of the Financial Elite feels they are not paying enough taxes to service the debt
there is a REAL PROBLEM with the rhetoric of the Republican party!
To add insult to injury the party is becoming way too evangelical, to prey on emotions. What happened to the separation of chuch and state? Are we now going to blame everyone except the "Right Wing Christian Coalition" for the country's problems? To "justify" bigotry with religion is unconscionable.
We started a war and BORROWED the money to finance it. Bush then gives out tax breaks to the rich and tells the people we overpaid on our taxes. The he removes all banking controls to "give everyone a house that wants one"! (Nevermind whether or not they can actually afford it) All this unsecured debt is then tied in with some "reasonable" debt paper and sold all over the world. When all these loans become "payable" guess what- there is no money behind it- it's all paper!
SO- the U.S. Gov't jumps in the "save" the economy and bails out the banks. NOT ONE of these bankers that made ALL the decisions to write these loans was ever held accountable! To top it off- the republicans administration now decides there will be "no new taxes" to increase revenue flow to pay the debts! They just hand the bill to the American public!!! After the election and the Republicans loose control it becomes a new presidents "problem". The Republicans were on a spending spree for 10 yrs and all they can do in blame the guy who inherited the problem for not being able to fix it in 3 yrs. Now they want to continue the process, by not raising taxes on those who can easily afford it, but by stripping the rights of Labor to negotiate with Management (gov't or corporate)!
Yes we need to reduce spending but we also need to increase revenues. When a Guy like Warren Buffet and many of the Financial Elite feels they are not paying enough taxes to service the debt
there is a REAL PROBLEM with the rhetoric of the Republican party!
To add insult to injury the party is becoming way too evangelical, to prey on emotions. What happened to the separation of chuch and state? Are we now going to blame everyone except the "Right Wing Christian Coalition" for the country's problems? To "justify" bigotry with religion is unconscionable.