On Sat, 8 Nov 2008 10:21:24 -0500, "Eisboch" wrote:


HK wrote:

BAR wrote:

The best thing for The Obama to do to get the economy moving again is to
cut all federal taxes by 50%, captial gains, income, ... If you want to
see money start moving through the economy that's the way to do it.



Sorry, I have NO trust in corporations to do the right thing.


You belong on an island then.

Virtually all economists and politicians, Democrat and Republican alike are
focused on invigorating business to curb unemployment, provide resources for
health care and other benefits plus recover lost values in 401k plans for
retirements. The economy won't recover until business, meaning
corporations, have a reason to grow and expand rather than downsize and
shrink. Corporations don't exist to provide social welfare. They exist to
make a profit.

The current problems are not going to be solved by extending unemployment
benefits or providing free, taxpayer funded health care for all. It may
temporarily ease the pain somewhat for some, but it's a band-aid, not a fix.

Even your man Obama is in favor of a bailout for GM, Ford and possibly
Chrysler. Mistake IMO.

Eisboch


I'm surprised the Democrats haven't come up with a plan to give everyone in
the 'middle class' a check for $25,000 to spend only on a new car from one
of the three.

That would solve the car makers problems and buy a bunch more votes for the
next election.
--
A Harry Krause truism:

"It's not a *baby* kicking, beautiful bride, it's just a fetus!"