Congress Reaches Tentative Budget Deal
Uploader: AssociatedPressVideo Description: Congressional leaders and the Bush administration have reached a tentative deal on a bailout of imperiled financial markets that could cost taxpayers hundreds of billions of dollars. (Sept. 28)
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and the way it is now we the consumer pay tax's buy consuming not on income when i was making below 29k a year i got back every dime i payed on my income tax's with the low income tax credits in texas and now i still pay very little and that's filing short form.
if you tax's big oil you will pay that tax's not big oil. they will still make there 7% profit
What we should do is either okay the lawless lending that the 'fed' has already done-adding 300 billion already or take the 'fed' over which is what we should have done many years ago-Bush allocates his responsibility for the war on Generals and now the Congress allocates its responsibility for money to the fed-this is what needs to stop!-no we shouldn't legalize a 700 billion dollar anything!
PULL YOUR MONEY OUT PEOPLE!
"how much money do you need to pass this thing?
Then: they are threatened: If you don't pass this we will blackmail you and ruin you and your family.
Lastly, the ultimate: Pass it or die.
There are no other options. It's "AN OFFER THEY CAN"T REFUSE".....sound familiar?
btw all this will do is make the gdp appear to grow for a short period of time and push inflation way up at which point we'll realize oh shit we just gave most of our budget to the assclowns who ruined the economy in the first place, instead of increasing capital and investment we're just rewarding idiots.
In fact "rewarding idiots" sums up American policies AND politics over the last 8 years
Socialism overnight?
NEXT bank crisis will become bigger than now
Years of bad decisions and stupid mistakes have created an economic nightmare in this country, but $700 billion in new debt is not the answer. As a tax-paying American citizen, I will not support any congressperson who votes to implement such a policy. The US as a whole could live within their own means if they wanted to without depending on other countries.