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BS: Republican fiscal policy..looney! |
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Subject: BS: Republican fiscal policy..looney! From: Jack the Sailor Date: 08 Dec 11 - 12:31 AM "Republican thinking about fiscal policy is fundamentally wrong, and it has been for quite a while," says Paul O'Neill, who served as Treasury secretary under George W. Bush. "The whole notion that we can cut taxes to the vanishing point and keep raising more money is just crazy. It could even be amusing if it wasn't so dangerous." http://www.rollingstone.com/politics/news/the-gops-crackpot-agenda-20111207#ixzz1fuwvhZg6 |
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Subject: RE: BS: Republican fiscal policy..looney! From: Little Hawk Date: 08 Dec 11 - 03:47 AM The Right's continual bla-bla about "cutting taxes" is illusory, in my opinion, because our economy is filled with hidden taxes of all kinds, built into the prices of the goods and services we buy, and accomplished through inflation of our currency, and massive debt creation that is engineered by lending institutions to tax the public through interest charges on lent money. They're playing a shell game. It may appear on the surface that certain obvious taxes are being reduced by right wing legislation...because those are the visible taxes that people immediately understand...but at the same time more money is being leached out of people's pockets by the invisible hand of hidden taxes at a huge variety of levels. This results in a national government and a populace who keep going deeper into public and private debt...while a rich and privately owned elite of bankers and big business people get richer all the time off the fraud they are perpetrating through their mantra of "cutting taxes" and "de-regulating" and "cutting red tape". They are liars. And thieves. What they are doing leads to inevitable disaster in the form of: 1. dictatorship 2. war 3. bankruptcy of society 4. social and environmental collapse and finally... 5. revolution As for the so-called Left (in terms of the major political parties), I think they're doing the same thing...only they pretend not to be doing it...and they're not as enthusiastic about it or as proud of themselves for doing it as the Right is. This tends to give them a certain lack of conviction which can often cost them at election time, but they can at least comfort themselves with the thought that the Right is "worse" than they are! And it may well be. Still, they are both liars and thieves once in office. |
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Subject: RE: BS: Republican fiscal policy..looney! From: Arkie Date: 08 Dec 11 - 07:06 AM Here is what David Stockman, a Reagan economic adviser has to say about the state of affairs. Four Deformations of the Apocalypse |
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Subject: RE: BS: Republican fiscal policy..looney! From: GUEST,mark-s(on the road) Date: 08 Dec 11 - 07:26 AM All of which means we do not need tax cuts or tax increases as much as we need comprehensive tax reform. Wish I was smart enough to say what that was though. |
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Subject: RE: BS: Republican fiscal policy..looney! From: GUEST,999 Date: 08 Dec 11 - 07:33 AM There are plenty of good five-cent cigars in the country. The trouble is they cost a quarter. What this country needs is a good five-cent nickel. Franklin P. Adams US journalist (1881 - 1960) |
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Subject: RE: BS: Republican fiscal policy..looney! From: JohnInKansas Date: 08 Dec 11 - 03:28 PM k-1: Where do you get a cigar for a quarter? The Republicans aren't the least interested in fiscal policy. Their ONLY goal is to "maximize system failures" until election time (hoping nobody will remember thaat they caused most of the current problems) , and of course blame it all on "the President," in the hope that they'll win big on the idiot vote. A person who puts personal gain ahead of what's good for the people is an abomination, but those who put the party first - ahead of all else - are somewhat lower on my scale. John |