01-30-2009, 06:43 PM
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CC Member
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Join Date: Nov 2001
Location: P. O. Box 96, CATAUMET, Massachusetts 02,
MA
Cobra Make, Engine: Butler with home-rebuilt 393 Cleveland stroker(Ya---ikes!)
Posts: 3,036
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Not Ranked
I may be wrong....
.....but it sure seems that the Democrats are in a TEARING HURRY to get this monstrosity passed quickly and with enuff Republicans on board so that they don't harvest exclusive "credit" for this thing. They seem to realize that the more it sits out there in the sunlight, the more pungent it gets! It's hemorhaging (sp?) popularity as we speak. Right now (according to some news reports), 44% of those polled approve of the Bailout and 40% DISapprove.
One way to do this thing right is to print (on however many pages it takes), in lots of national newspapers (liberal AND conservative), EXACTLY what each of the provisions/sections of the Bailout Bill entails--or "produces". THEN the public can get its oars in the water!
Six (count 'em 6!) letters/editorials in the WSJ over the past week have pointed out that lots of TAX CUTS would be the fastest way to get the economy rolling. Seems that pouring money into transfer-of-wealth programs may well "buy votes" (especially future ones) but won't produce private-sector jobs nor give the public money to buy things (which will start up production/sales, etc.). Ditto paying unattached heaps of money to already-wealthy CEOs!
Maybe some people ought to look around and see just how many state/socialist economies or states have flourished in the past or in other areas. Not too many, I'd bet.
Good Luck (we're gonna need it) in the new Socialist Amerika!!!.
Tax cuts WORK (and so do the people who receive them)!
$.02
Chow,
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Freddie
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