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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default tax guts GROW the deficit!


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...
On Sat, 17 Jul 2010 11:21:12 -0700, "nom=de=plume"
wrote:

You were talking about the Bush tax cuts and part of that is the 10%
bracket that will also go away if congress simply lets them expire.
Anything else is new legislation we have not seen.
I was just giving you examples of other unseen legislation that did
not actually do what it said it would.


Unseen? Even the somewhat financial reform legislation that passed is
better
than what was there before.


We won't know that until somebody actually reads it and the lawyers
find all the loopholes. The commodity law that opened up all of the
derivative abuse that caused the crash was sold as reform too.


So, you're in agreement with Congressman Boehner then, who advocates a
moratorium on new federal regulation. The do-nothing party.

I guess a consumer protection arm of the Fed isn't a good idea. I guess we
should just let Wall Street run amok.

Why don't you complain about the deficit... here's a nice article.

http://www.thenation.com/article/375...ss-destruction


 
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