congress gets 98% of the blame. aand the whole mess has been mismanages from the getgo.
On Tue, Mar 24, 2009 at 7:55 PM, Jim Willis < [email protected]> wrote: > > You are correct! Were the tax on capital gains removed, corporate > taxes abolished and the tax on dividends expunged we would see > manufacturing swarm into this country. After all; look to our southern > states. They are dotted with foreign car manufacturers as it is much > cheaper to produce a product as close to the consumer as possible. > Those pesky shipping costs reduce a corporations bottom line. Yet; > since we have the second highest corporate tax rates in the world we > have established an unfriendly manufacturing environment. These things > are ignored by Barry and his administration prompting my conclusion > that he must want to destroy this economy. Still; good points all. I > would only point out that Jimmy, "the Carter" didn't bury the economy > overnight. Obama is just getting started. Thanks for the input... > Jim > > On Mar 24, 7:37 pm, Keith In Tampa <[email protected]> wrote: > > Interesting perspective, and time will tell if you are correct.....Or > > not...... > > > > I would point out, that all of us have lived in worse times....See > > Jimma Carter, when inflation was in double digits, when interest > > rates, (including the prime rate) was in double digits, and > > unemployment was in double digits. None of that has happened to > > date, even with wacko left, socialist-elitist extremists at the > > helm...... > > > > Nope, I don't think we are there yet. One nasty little dirty bomb, or > > another plane into a skyscraper, and watch everyone forget the > > economic debacle going on right now. Just as important, if the > > government wanted to create a dynamo economy, all they would have to > > do, is get rid of the capital gains taxes, and adopt the Fair Tax > > Amendment/Legislation.....You would see the American economy thrive, > > and the dollar whip the crap out of the Euro in a matter of hours. > > > > On Mar 24, 8:27 pm, Jim Willis <[email protected]> > > wrote: > > > > > That tectonic tremble you felt yesterday was the nuclear option > > > employed by the Federal Reserve in their latest attempt to save our > > > economy. Not bloody likely mate! Here’s the funny part, at least from > > > my QWERTY keyboard. According to my watch, Mickey’s big hand said we > > > began a depression about ten minutes ago. So… welcome to it folks; the > > > last one standing needs to turn the lights out. > > > > > Now I know there are those doubting Thomases’s out there who, “from > > > behind their rose colored glasses” might point out the lack of food > > > lines, tent cities, and Wall Street window jumpers. To that end > > > grasshopper I would countenance patience; for it will come. > > > > > You see; what we’ve got here is a failure to communicate or to > > > understand the most basic of economic principals. In November of 2008 > > > this juggernaut to ruin might have been assuaged. Yet; it is far, far > > > too late for that now. > > > > > The depression upon us doesn’t look like a depression; “yet” because > > > the Fed keeps printing money and Treasury tax cheat Tim, “A.K.A. Eddie > > > Haskell” keeps flooding insolvent banks with boatloads of money, hot > > > off the presses. > > > > > Even China smells rat and has halted the buying of our debt; causing > > > the Federal Reserve to monetize our ballooning deficit. In English > > > that means; the treasury gives ink and paper to the Federal Reserve. > > > Then, the minions of Ben Bernake use those supplies to print > > > $trillions of dollars. Now…stay with me here; after the Fed dries > > > these newly printed bills on huge clotheslines they bundle them up and > > > ship them off to the treasury, ostensibly to purchase our expanding > > > debt and keep Obama Inc. in business. > > > > > To date the Federal Reserve has added about $10 Trillion dollars to > > > its balance sheet or to simplify; they are robbing Peter to pay Paul > > > and as everyone knows that results in a sore Peter. Hey; you’d be mad > > > too! > > > > > Still; that’s not the best part. Eddie Haskell, “A.K.A. Turbo Tax Tim” > > > has unveiled his plan to remove the toxic assets on Wall Street. At > > > the center of this scam is his, “public/private” partnership to > > > purchase these assets and make the banking industry whole again. Timmy > > > intends to, “loan” companies up to one $trillion dollars to purchase > > > these dog derivatives, yet; here’s the best part. Companies do not > > > have to pay the money back and if they ever show a profit in any > > > future sale they get to keep it; if they sell these products at a > > > loss, we’ll make it up. When I say we, I mean the taxpayer, “you and > > > me folks”. All the while the Fed is printing currency at the speed of > > > light. > > > > > As of today every household in America is indebted to China, the > > > treasury, the Federal Reserve, Japan, India, Germany, and every banana > > > republic on the planet for whopping $130,000.00 green backs. And; > > > Obama keeps spending like he’s using other people’s money. Wait a > > > minute… > > > > > Unmentioned by the Obamabots is our looming $65 trillion dollars in > > > promised entitlements that, “when combined with our current spending > > > spree” will make the 1930’s depression look like sunshine and > > > lollipops. > > > > > When you think about it, “and I have” you realize that this couldn’t > > > possibly be an accident; it just isn’t possible. In the face of the > > > worst financial crisis to ever befoul the American economy, basket- > > > ball Barry is adding red ink faster than we can manufacture it. $2 > > > trillion dollars to destroy healthcare, $2 trillion dollars for cap > > > and trade to fight non-existent global warming and $1.5 trillion > > > dollars in expected costs to business when this idiot unionizes > > > everyone from hookers to panhandlers. This can’t be accidental or > > > explained as simple ancillary effects of social change. This foreign > > > born radical is out to destroy this country. > > > > > A reminder; the great depression didn’t set upon this country after > > > the crash of the stock market in 1929. Depressions are a lot like > > > turtles, they are slow, but steady. They can take years to settle in. > > > Though; when this one actually rears its head and the effects are > > > dynamic throughout our economy remember this; Obama owns it, caused it > > > and wanted it. I just hope those brain dead Obama voters are at the > > > front of the soup kitchen line. > > > Conservative Springfield Staff Writer 25Mar09 > > > -- *~@):~{> --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. 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