A lesson unlearned is, “more often than not”, repeated. Who said that? I just did, try to keep up. As Americans we should be suing our federal government for attempted rape. Because, that’s just what they are trying to do to us, collectively. The bill for this bailout of the sub-prime mortgage industry is estimated to cost taxpayers $700 billion dollars which means the final cost will be well over a $trillion dollars. All because democrats rode Freddie Mac and Fannie Mae into the ground, now those most responsible, “democrats” want to fix the problem they caused with our money. I don’t think so. There is however a responsible solution to the financial meltdown in the credit markets, not that it will happen, more on that following a commercial message. What no one seems willing to address are the systematic problems that brought this crisis about, indicating, “at least to me” that they will remain unsolved thus making our substantive $700 billion dollar bailout just lipstick on a pig. And really only a band-aide on a gaping wound. Also, for you Lilliputian leftist liberal loons, George Bush has blood on his hands too. Not as a conspirator in the drainage of liquidity from the big two, “that lies squarely at the feet of democrats” but as a co-conspirator in selling this behemoth bailout to the plebes he must think we are. Back to what will work and what Bush should have manned-up and backed the democratic leadership into or be damned. There is a path out of this fiasco and, “as usual” it is simple capitalism. It works every time it’s tried. Capital gain confiscatory taxes should be slashed to zero. Corporate taxes should be abolished and hindrance regulatory practices should be curtailed. Also, to infuse a mammoth percentage of capital directly into the economy energy need be deregulated, drilled for, mined, pipelined and green flagged. We could generate $500 billion in capital infusion directly into the American economy in just two short years. With capital gains as nada and zero corporate taxes America would resume its rightful place in the world as the leader in industrial production. Industry around the world would flock to this country and its capable workforce. After all, they want to be here anyway. With the high cost of shipping it just makes sense to build your products where you sell them. But, it won’t happen. Our government does not fear its people, quite the contrary, we fear government. Our founders intended it to be the other way around. Government has become PAC’s, special interests and above all, the almighty dollar. Most of America is too damn stupid to question political speak and entrenched politicos. Rush Limbaugh is right, as hard as it is for me to admit. Ignorance is our most costly commodity. Conservative Springfield 22 SEP 08 --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum
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