PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: American Spirit who wrote (171633)	8/15/2001 4:02:22 PM
From: Logain Ablar	Read Replies (1) of 769667

Here goes: 1) False - the creation of the credit bubble and the explosive trade deficits over the past 4 of the last 8 years will have to be paid for. So if you call this underlying cancer healthy we differ on this. Thats ok its going to take another year or two for this to blow up (just in time to kill any chance for President Bush to be reelected) 2) True or False. Don't know and never blamed McCain. 3) True or False. Don't know if we have the lowest rates (only know ours) but I expect the highest 5% in this country who pay over 80% of the income tax burden may pay more than most of the rest of the western industralized countries. I say may since I don't have stats for the other countries but doubt France and Germany top 5% pay 80% of the income tax burden. 4) True or False. Its how you present this one. They can be paying out of general funds and borrowing to fund other government programs. Did you give your refund back? Actually June receipts dropped due to corp est. payments dropping. Wait till personal income drops next year. 5) False - No way Bush / Cheney can be blamed for the energy companies maximizing profits. 6) False - Our social programs, welfare comes to mind, actually promotes with incentives people to have more children creating more of a social burden. Some times the medicine can be painfull but over time it starts to take effect. 7) False - the US is not a tax haven for foreign multi millionaires. They go to Bermuda, etc. 8) True and false. The jets & yacht parties are only deductible if there is a valid business (i.e. tax revenue generating) purpose. The business use has to be documented with proper record keeping. Personal use %'s are not allowed as a deduction. Conversely business that own these have to include the personal use % in the employees w-2 income. Business travel is true and business food and entertainment is only 50% deductible. 9) False - Bush orginally used the Clinton Adm. budget projections. If he can shift spending he should be able eaisly fund the programs. 10) False - this year the $38B is just now starting to impact the consumer. Appx 35 of the 38 should go rignt into consumption. Last I checked in eco 101 this helps GDP. 11) True - Bush so far has only been able to pass the tax cut. Whats wrong with increased energy exploration? Increase the supply to meet increasing demand and we pay less. 12) False - What environmental devastation. The Alaska preserve we are talking an area the size of Hartford in an area the size of MA, CT & RI. Lets also not forget wildlife in Prudhole bay is better than when dirlling started. 13) False - money only currupts those whos values allow them to be currupted. Are you calling Dowd or Libermann currupt since they take soft money. I'm not. 14) False - Who of the cabinet and appointees are from energy. Cheney as VP does not fall into this. Whitmann, Rice, Powell, O'Neil?? Can you name names here. Add the AG and there is 5 who are not from energy. I can see why you couldn't go on. Your striking out like a champ here. 12) 9)

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