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Politics : Politics for Pros- moderated

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To: Bearcatbob who wrote (345112)	1/23/2010 9:44:54 AM
From: skinowski	5 Recommendations Read Replies (2) of 793928

Obama ran on only the top 2% having a tax increase. "Cap'n trade", bailouts, bank taxes, creating money out of thin air (thereby diluting everyone's assets), allowing Bush cuts to expire, etc. - they are all taxes which will affect not 2, but 100% of the population. The "theory" goes that during a recession such as this one, when individuals and businesses are reluctant to spend, the Government must step in and spend "for them". The problem is that in order to spend "for them", the government first must go ahead and rob them.

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