Nancy's economics

[SuperScout]

Nancy Pelosi condemned the new record highs of the stock market as "just another example of Bush policies helping the rich get richer". [Does she have any idea how many middle-clas people own stocks, or mutual funds that invest in stocks?]

"First Bush cut taxes for the rich and the economy has rebounded with new record low unemployment rates, which only means wealthy employers are getting even wealthier at the expense of the underpaid working class". [First, she whines that the unemployment numbers are so low, then she clumily segues into some socialist blather about how that is harming the underpaid working class. Connection please?]

She went on to say "Despite the billions of dollars being spent in Iraq our economy is still strong and government tax revenues are at all time highs. "What this really means is" that business is exploiting the war effort and working Americans, just to put money in their own pockets". [Would you like to offer examples or proof of these charges?]

When questioned about recent stock market highs she responded "Only the rich benefit from these record highs. Working Americans, welfare recipients, the unemployed and minorities are not sharing in these obscene record highs". [EARTH to NANCY: ever heard of 401k plans, employee benefits and retirement plans? They invest in the stock market. It not just a bunch of old wizened men pulling the financial strings. Sheesh, get a grip!]

"There is no question these windfall profits and income created by the Bush administration need to be taxed at 100% rate and those dollars redistributed to the poor and working class". [Why? Under what justification? Are you ready to give back all the pay increases you have received while a congresslady?]

"Profits from the stock market do not reward the hard work of our
working class who, by their hard work, are responsible for generating these corporate profits that create stock market profits for the rich. We in congress will need to address this issue to either tax these profits or to control the stock market to prevent this unearned income to flow to the rich". [Control the stock market? Smacks of Karl Marx, now doesn't it!]

When asked about the fact that over 80% of all Americans have investments in mutual funds, retirement funds, 401K's, and the stock market she replied "That may be true, but probably only 5% account for 90% of all these investment dollars. That's just more "trickle down" economics claiming that if a corporation is successful that everyone from the CEO to the floor sweeper benefit from higher wages and job security which is ridiculous". How much of this "trickle down" ever get to the unemployed and minorities in our county? None, and that's the tragedy of these stock market highs."

"We democrats are going to address this issue after the election when we take control of the congress. We will return to the 60% to 80% tax rates on the rich and we will be able to take at least 30% of all current lower Federal Income Tax taxpayers off the roles and increase government income substantially. We need to work toward the goal of equalizing income in our country and at the same time limiting the amount the rich can invest."

When asked how these new tax dollars would be spent, she replied "We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long ways to guarantee these people the standard of living they would like to have as "Americans. " [Wetbaks are to included in da dims new giveaway plans?]

A Bush spokesman responded to this interview by saying "Mrs. Pelosi has set a new standard for the spin business".

[colmurph]

Well, we're going to raise the minimum wage, which will raise the inflation rate, which will put people out of work, because everybody will raise their prices and companies will not be able to survive the additional costs. (Insurance, health and automobile. and auto and home costs will rise) which will cause the dem's to raise taxes and put more people out of work......and they'll blame it on Bush and the GOP.

[SuperScout]

Truer words were never spoken! When da dims start talking about taxing more mutual fund earnings more than they're already taxed, I start to get nervous. When they start talking about giving more and more benefits to the wetbacks, everybody better get nervous.

[reconeil]

Certainly can't disagree with either of your quite sensible and honest grasps of never ending sad political realities. Nor, should any SANE & SURVIVAL oriented Americans disagree with you either. Naturally,...such excludes Fanatical Democrat Lords & Rulers.

Still, and unfortunately FOR US ALL here in America, MANY in government, press/media and other organizations of Societal Engineers, pretty-much all naively ACTUALLY BELIEVE what comes out of such deviously-purposeful & career-Democrat/Socialist/Leftist mouths.

Realistically, such would pathologically lie to Their Mothers, Confessors and God Himself for Power & Control OVER ALL Americans,...and especially for: "Recapturing The White House". So then, just ask yourselves how HONEST & BELIEVABLE such political ilk are or will ever be with: "We The (Schnooks)"? Don't hold your breath.

Thus, guess it fair saying that the overall vast majority of The American Public are much wiser since could NEVER believe Leftists,...and not like the many propagating and/or supportive journalists and many of a largely propagated Minority Electorate,...whom quite stupidly ACTUALLY DO. Truly amazing!!!

Hey, Friends. Slice-it-any-way-liked. But, you have to admit America's Voting System without using polygraph on Leftists, doesn't actually work all that good for ALL OF The American People. Whereas, the voting status quo ALWAYS works out great for career-politicians and/or those best conniving for getting votes.

New Jersey and Highest Taxed State in America PROOF POSITIVE of what voting EVERY TIME gets one EVERY TIME,...if: "UN-Connected". Just MORE TAXES & DEMOCRAT POLITICAL BULL. Nothing more, nothing less,...if A Worker.

Neil

[39mto39g]

The last thing this congress did, or better yet didn't do was continue the tax cuts, Yea us democrats, More money in the Treasury will beget more projects, Welfare increase, affirmative action job affiliation with the ACLU, Jobs for the homeless and lest we forget more welfare. Tax the rich, Did I mention, Tax the rich, Were in the money, were in the money, whoooo, whooo, yea democrats. Any poor person out there want a free college education, or maybe a house, will give you a voucher to go to Beverly hills schools. Close down the military they cost to much. Tax the rich, Get your cloths off and run threw the streets. we are in charge now.