Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (36207)	7/17/2003 3:24:59 PM
From: Joe S Pack	Read Replies (1) of 74559

Ray, Talking of Greenspan, the criminal, go and have look at what he did in terms of Social Security Tax when that mind numbed Reagan was the president. He single handedly helped increase the SS tax rate and hence the start of the mess. That is why he was awarded this job of Fed Chair. First this crook helped increase the SS tax rate by another 1.8% on 1983: ssa.gov See the section on increasing payroll tax. ssa.gov Then he gave double wammy to poor tax payers by manipulating CPI numbers: english.hsilai.org But the blame is not 100% on him. We elect mindless crooks to Congress and they work for the corporate masters. So why complain about one crook? -Nat

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