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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (7433)	4/23/2009 9:56:59 AM
From: Brumar89	Read Replies (1) \| Respond to of 86356

A claim the bailouts are costing less than anticipated can be made based on the fact that many of the "bailout" recipients were coerced into taking the money and now that they see govt money is being used to micromanage management decisions and even fire CEO's and board members (in the case of GM, despite the govt NOT being a GM stockowner, much less a controlling owner), the coerced recipients are demanding that they be allowed to give the money back. Have taxes gone up? Well, cigarette taxes were raised which hits mostly low income folks. There's a move afoot to begin taxing internet transactions. Carbon taxes are proposed which will hit EVERYONE in the economy indirectly. So yes, tax increases are being planned now. Worse, the massive deficit spending Obama plans will debase the dollar, raise interest rates (already in the 1Q, China has stopped net purchases of Treasury securities), and create pressure to raise taxes much more in the future. Thats in addition to the hidden tax of inflation and higher interest rates that is on the way. So tax protests are very appropriate now. Why wait? Lets try to head 'em off at the pass, not wait till they're an accomplished fact. I will add the tea party turnouts dwarfed the "pledge project" signatures the WH tried to orchestrate a few weeks back. Something blue dog Democrats better think about.