Thursday, November 11, 2010

White House Caves on Bush Tax Cuts

Here's a comment by "Roger G" from the Huffington Post article on this today (emphasis definitely MINE):

I voted for Reagan in 1980 because I was concerned about interest on the national debt--
He said he would eliminate the debt- HE LIED-
He tripled the debt and after he lowered the top tax rate to 54% in 1980
-he again lowered it to 28% in 1984--
Since then ,we have paid $8,000,000,000,000 in interest on the debt.


Had he left the rate at 54%-we would NOT have a national debt today.
The wealthy and the Republicans have ruined this country.

To those who think the wealthy deserve these tax breaks because you think it ts not coming out of your pocket-THINK AGAIN- Who do you think gets the 8 Trillion in interest,it is the wealthy who own the debt.

Who do you think profits when health care insurance has doubled in the last 10 years, who profits when you buy medicine,who profits from prisons,who profits when you go to a hospital,who profits when you buy car
insurance,who profits when you pay high interest on your credit cards--

It is the wealthy who own the majority of stocks and bonds in the aforementioned entities.
Yes,the wealthy even make money when you WIPE YOUR BUTT-They own the paper companies- Think about it

Thanks, you totally stupid Republican Tea Partiers! Thanks you stay-at-home-and-don't-vote Democrats! Are you happy now?

1 comment:

  1. Anonymous1:19 AM

    Excellent post. Did you see that quote bipartisan--translation, one rabid republican who tea partied before tea party in the senate, and one democratic doofus, whose dad was a bigger and better mucky who would have NEVER gone along with the plan they came up with--panel plans all kinds of malarky, ss cuts, raising retirement age--all so the super richest of rich can keep their boats, plans, servants and several homes (How many homes do you own John McCain, did you ever figure it out?)?

    Wake up Americans. We are stooges for the uber rich and their Republican flacks.

    Cat

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