Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Peter O'Brien who wrote (91541)	3/25/2007 7:35:44 PM
From: American Spirit	Read Replies (1) \| Respond to of 173976

You miss half the picture, pal. You can cut taxes if you also cut spending and keep things balanced, and Clinton and Kennedy did keep things balanced, but Bush's economy grew because of massive government spending, huge deficit spending, plus ultra low interest rates as a gift from the Fed, all of it giving consumers the idea that if they go into hock and keep spending everything will be all right. Remember after 9-11 Bush had some advice for us. Go shopping he said. That's the whole philosophy. Massive overconsumerism and energy waste. That's fine for a nice 2-3 year party, but then comes the bill and the hangover. Reagan did the same thing. Threw a party then left GHW and Clinton with the tab. Including letting the S+L's rip us off for 300 billion and buying all kinds of useless Cold War weapons systems which even guys like Cheney thought were too much. (And which the 2004 Bush campaign blamed Kerry for being against, even though Cheney and GHB Bush were too.) I'm all for cutting taxes so long as the government scales way down and budgets are balanced. But then if things like health care and pensions are totally privatized the corporations take their piece, a big piece, in profits, so everything costs more and often the service is worse. The best method is a balance where the basics are covered then there are options you can buy. But this privatization is really terrible. Our military is really suffering now because of all the privatization. Actually we the taxpayers are the ones suffering because we have to pay Halliburton when they charge $5 for a single nail. All part of a huge ripoff scheme to transfer trillions in wealth from the public to the private sectors, especially those private concerns which are cronies of Bush-Cheney.

To: Peter O'Brien who wrote (91541)	3/25/2007 7:46:37 PM
From: American Spirit	Read Replies (1) \| Respond to of 173976

Remember, Reagan and GW Bush left us the biggest deficits of anyone else in history. Those were the two who believed you could just cut taxes and let the free markets take care of everything. They neglected to tell us that their corporate pals are often huge crooks who will abuse free enterprise to price-fix, gouge, corrupt and steal, bribe and rob, evade taxes and scam investors. GW Bush's best corporate pal was Enron and now it seems to be Dubai. Cheney's is Halliburton. Both Enron and HAL have miserable records in terms of corruption, ethics, disobeying laws, polluting the environment and robbing the public.