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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (206258)	11/22/2002 11:10:44 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 436258

this article makes me sick - pure criminal intend to rob the savers and the elderly, to cover up for corporate and WS excesses of last years

To: Les H who wrote (206258)	11/22/2002 11:44:22 AM
From: cliffp	Respond to of 436258

Les, this would be a very regressive tax. But both Greenspan and Bush favor it. Greenspan has stated in the past that he could bypass this part of the economic cycle by printing his way out of it. Bush would like it because it would shift the tax burden. If anyone wants to study this issue, I would suggest "The Creature from Jekyll Island" by Griffin. It helps people understand the Federal Reserve.