Jim W. 1. As you and other's have pointed out previously Corporations do not pay taxes, the cost is passed on to their customers. Would it be reasonable for us to assume that once these terrible taxes were terminated corporations would immediately pass along the "savings" to their customers?
2. Deregulation? Isn't it deregulations that are blame for a good part of the current mess? 3. Who will pay the short-falls of tax revenue when corporations stop paying taxes? How many guesses would you like? Same question concerning capital gains tax. 4. President Bush is "only" a co-conspirator? Well, that certainly takes a load off my mind. 5. What precisely is a "hindrance regulatory practice"? Agreed, the government should fear the people and not the other way around. Even you make some degree of sense on occassion. On Sep 22, 7:43 pm, Jim Willis <[EMAIL PROTECTED]> wrote: > 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 * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
