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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (25350)	6/14/2011 8:22:15 AM
From: ggersh	Read Replies (1) \| Respond to of 119362

Socialism for banks is the new model, start a HF and you'll be in the que also. -nfg-

To: Skeeter Bug who wrote (25350)	6/14/2011 8:55:43 AM
From: ggersh	Read Replies (1) \| Respond to of 119362

Ending handouts to stop socialism is only ok when the poor and middle class is involved, for the wealthy ending handouts equals a tax increase. WASHINGTON -- Opponents of ethanol subsidies got a boost Monday from Koch Industries as the company announced its opposition to the giveaways on the eve of a major vote in the Senate. Sen. Tom Coburn (R-Okla.) is pushing a vote on an amendment Tuesday that would end ethanol subsidies and eliminate tariffs on foreign supplies of the biofuel. That would allow companies to use sugar-based Brazilian ethanol, which is both cheaper and less environmentally damaging than the domestic corn-based variety. The issue has split the Republican Party, with free market advocates and deficits hawks pushing for elimination of the subsidies and corn-state politicians fighting back. The power broker Grover Norquist has battled Coburn, arguing that ending the handouts is equivalent to increasing taxes, meaning that candidates who signed a no-new-taxes pledge would be breaking their word.