[Vision2020] A Bipartisan Extortion of the American Taxpayer

Jeff Harkins jeffh at moscow.com
Wed Sep 17 11:03:48 PDT 2008


Hmmm, A very passionate response.

Here are my thoughts:
who should be sent packing for the collapse of Enron?
I think this one has been dealt with.
Who should be sent packing for the demise of the airline industry?
You will have to be more specific - there has been a lot of 
restructuring in the industry.
>Who should be sent packing for bailing out Bear Stearns?
Probably the democratic congress.
>Who should be sent packing for bailing out AIG?
I don't have a response at this time - I am still gathering info.
>By the way, who is going to be sent packing when WAMU, Bank of 
>America, Zion's Bank, Wachovia, Boeing etc. go down?
If that happens, we will have to look carefully at the events.
Hey, I have an idea!! Let's deregulate some more!!! That'll fix 
'em.  Let 'em all go to hell.  What's next?  PERSI? Let's raid the 
pension funds - why should that remain untaxed?  I have a better 
idea:  let's let the International Monetary Fund straighten us 
out!  Like they did Argentina and the rest of the right wing 
dictatorships in the world.  Oh wait!!  Fascism (big business running 
the government) in the form of a "new" Resolution Trust 
Corporation"  seems like a better idea.
Well, at least with the regulation of the financial markets, we 
probably have too much regulation - the regulators are stumbling all 
over each other and we probably have no effective regulation in 
place.  As to most retirement funds and pension funds, they are not 
untaxed.  Contributions are allowed to accumulate "tax deferred" 
until funds are withdrawn - then withdrawals are subject to tax.
>We can put Sarah Palin in charge. And her husband Todd can help her. 
>I'm starting to feel much better already.
You might be on to something here - I sense that a lot of folks agree 
with you.  Frankly, of the candidates in play, she probably has more 
experience at actual reform that Obama and Biden combined.  McCain 
does have a record of reform and I am confident he can effectively 
lead reform initiatives.
>Also, I wrote on this list serve a few years ago that Bill Clinton 
>was the best Republican president this country ever had.  I still 
>stand by this statement.  Glass- Stielgel was repealed on his 
>watch.  Old lady Clinton and Biden  and Obama and McClain voted to 
>help keep credit card debtors from discharging "that debt" in 
>bankruptcy.  30% interest rate for credit card debt anyone?  How 
>long will that go on  with no chance to get out from under 
>it.  Anyone now see why there are riots in 3rd world 
>countries?  Starting to get the picture?
I don't have any comment on this
>You University of Chicago economist types really got the world by 
>the tail, don't you?  We need to hand out a few more Nobel prices. 
>You got my vote!
Well, the Chicago School has done some rather good work.

And, I appreciate your frustration.  Here is a thought - every time a 
politician raises some program or issue for consideration, voters and 
constituents should ask two questions:

1. What is it going to cost?
2. Who is going to pay for it?

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