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USA Trying to add 1% on banking!


cavanami

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You ever hear of a tax Demoncraps don't embrace?

 

HH

Funny how a GOPer (Reagan) was presiding over the biggest tax increase in US history tho'' date=' and the Dems have lowered taxes since 2008. And none of this would be necessary had the GOPers not put two unfunded wars and unfunded giveaways to big pharma and the richest 0.1% on the books while repealing Glass-Stegall which lead to this mess in the first place. But let's not let facts get in the way, right HH...

[/quote']

Bush presided over that tax increase, but note carefully that Congress was controlled by Democrats. It is Congress that writes and passes the bills.

 

Once Clinton got into office, he could not STAND having a Republican president holding the record for largest tax increase in history, and he went to a great deal of trouble to rectify that matter. The Democrat-controlled Congress went along with his effort. Two years later, in 1996, we saw the largest peaceful transfer of power in the history of the United States of America, as a whole PASSEL of Democrat Congresscritters were forced to go home and get real jobs.

 

And now Obama is trying his best to make the record his very own. (I got his robocall over the weekend. Surely the President of the United States of America has more important things to do than record robocalls for the Democratic Party?)

 

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You ever hear of a tax Demoncraps don't embrace?

 

HH

Funny how a GOPer (Reagan) was presiding over the biggest tax increase in US history tho'' date=' and the Dems have lowered taxes since 2008. And none of this would be necessary had the GOPers not put two unfunded wars and unfunded giveaways to big pharma and the richest 0.1% on the books while repealing Glass-Stegall which lead to this mess in the first place. But let's not let facts get in the way, right HH...

[/quote']

Bush presided over that tax increase, but note carefully that Congress was controlled by Democrats. It is Congress that writes and passes the bills.

 

Once Clinton got into office, he could not STAND having a Republican president holding the record for largest tax increase in history, and he went to a great deal of trouble to rectify that matter. The Democrat-controlled Congress went along with his effort. Two years later, in 1996, we saw the largest peaceful transfer of power in the history of the United States of America, as a whole PASSEL of Democrat Congresscritters were forced to go home and get real jobs.

 

And now Obama is trying his best to make the record his very own. (I got his robocall over the weekend. Surely the President of the United States of America has more important things to do than record robocalls for the Democratic Party?)

 

 

St Ronnie out spent the Ruskies, and thus sped up their demise, running up a huge bill in the process. Along came GWB, and what borrowed more money than all other US presidents in history combined? Some one, som how has to pay these bills.

 

We won't tax the rich or corporations...the few that are left and actually produce goods here, so the answer is what? tax the people, they have no choice but to pay it. The bills have been run up, on stupid frivolous crap and need to be paid...how do you suggest we pay them?

 

No politician wants to raise taxes as it is a career killer. Yet they have no problem running up the tab and dumping on the next guy. Don't kid yourself, McCain would be in the same mess as Obama. I hate taxes as much as the next guy, especially since the money is all too often wasted, but instead of only bitching at the current president and congress, how about blaming ALL the assholes from both parties who got us into this mess? Finger pointing does no good.

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Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve's monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January.

 

"I think they're way too independent. They just shouldn't have this power," Paul, a longtime Fed critic, said in an interview with Reuters. "Up until recently it has been modest but now it's totally out of control."

 

Paul is currently the top Republican on the House of Representatives subcommittee that oversees domestic monetary policy, and is likely to head the panel when Republicans take control of the chamber in January.

 

http://www.reuters.com/article/idUSTRE6A35QB20101104

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