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Politics : President Barack Obama

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To: ChinuSFO who wrote (80581)8/11/2010 8:30:28 AM
From: manalagi  Read Replies (1) of 149317
 
Well written Chinu. You express what most of us are thinking. Where were you when Bush did the damage? Obama has no choice but let Bush tax cut expire this year. How could congress make a law for tax free inheritance if you die in 2010? Just that one year only?

When Bush's tax giveaway to the rich expire this year, watch the revenge from the rich: heavy selling this year to take profit and that would cause the market to collapse, and low and behold, Obama will be blamed for people losing their paper wealth. This selling will probably occur before the November election so that R can gain a lot of seats in congress.

If any one thinks that elected officials serve for the good of the country over their self interest I have a bridge to nowhere to sell cheap.

We have been warned:

Message 26746239

and read my reply.
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