"Renaissance Thinking About the Issues of Our Day"
It is very interesting listening to Thom blast Germany and France for replacing the weak and ineffective governments of Greece and Italy with businessmen. Did Angela Merkel suddenly lose all of her intelligence? You loved her all last spring and went on and on for segment after segment on how stable and perfect the european economic system was. I need not to go into all the multiple giveaway programs exist in the countries that are now belly up. They are now bankrupt because of them. Thom, you can call the giveaways democracy, but the hard facts are very clear.
Warren Buffett, in a recent interview with CNBC, offers one of the best
quotes about the debt ceiling:
"I could end the deficit in 5 minutes," he told CNBC. "You just pass a law
that says that anytime there is a deficit of more than 3% of GDP, all
sitting members of Congress are ineligible for re-election. The 26th
amendment (granting the right to vote for 18 year-olds) took only 3 months
John F Kennedy reduced the 91% tax rate to 76% because the wealthy were illegally moving their money to secret, off-shore banks to avoid taxes. When Kennedy reduced the tax rate the risk of legal action outweighted the new tax payments. As a result the government's tax income increased dramatically.
Uploaded by KPFKTV on Dec 6, 2011
What the hell do I care if gas prices go up so long as after 30 years my wages finally increased faster!!!!!!!
I have been a follower for years and believe you are the best to promulgate a solution to Social Security.
It is so simple. Remove the ceiling. Make the rich pay their share. Of course Republicans will fight it, but
get the issue out there. I wonder how many average voters are aware of it ?
and the hits just keep a coming...