As best I can tell, all the news I have heard and read today, should rightfully have been posted under "Weird News." My earlier posting today just about put me over the edge. Then tonight, Cowboy told me that some Federal court had ruled that the Treasury Department had to make all $100 bills so that blind people could detect what they are. I wonder exactly how many blind people there are in this country? What are they going to do about color blind people or dyslexic people (001$)?
And then, I get this email (posted below), which I have NOT verified. However, if it is true, I had better get busy finding a whopping good tax lawyer, because you know good and well that if a rich old bag like Pelosi raises the taxes, there are going to be plenty of loopholes so she and her ilk won't have to pay 'em! I recommend reading this and having a glass of your adult beverage of choice readily at hand!
Published: October 22, 2006
Nancy Pelosi condemed the new record highs of the stock market as "just another example of Bush policies helping the rich get richer". "First Bush cut taxes for the rich and the economy has rebounded with new record low unemployment rates, which only means wealthy employers are getting even wealthier at the expense of the underpaid working class". She went on to say "Despite the billions of dollars being spent in Iraq our economy is still strong and government tax revenues are at all time highs. "What this really means is" that business is exploiting the war effort and working Americans, just to put money in their own pockets".
When questioned about recent stock market highs she responded "Only the rich benefit from these record highs. Working Americans, welfare recipients, the unemployed and minorities are not sharing in these obscene record highs". "There is no question these windfall profits and income created by the Bush administration need to be taxed at 100% rate and those dollars redistributed to the poor and working class". "Profits from the stock market do not reward the hard work of our working class who, by their hard work, are responsible for generating these corporate profits that create stock market profits for the rich. We in congress will need to address this issue to either tax these profits or to control the stock market to prevent this unearned income to flow to the rich".
When asked about the fact that over 80% of all Americans have investments in mutual funds, retirement funds, 401K's, and the stock market she replied "That may be true, but probably only 5% account for 90% of all these investment dollars. That's just more "trickle down" economics claiming that if a corporation is successful that everyone from the CEO to the floor sweeper benefit from higher wages and job security which is ridiculous". How much of this "trickle down" ever get to the unemployed and minorites in our county? None, and that's the tragedy of these stock market highs." "We democrats are going to address this issue after the election when we take control of the congress. We will return to the 60% to 80% tax rates on the rich and we will be able to take at least 30% of all currrent lower Federal Income Tax taxpayers off the roles and increase government income substantially. We need to work toward the goal of equalizing income in our country and at the same time limiting the amount the rich can invest."
When asked how these new tax dollars would be spent, she replied "We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrents in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long ways to guarantee these people the standard of living they would like to have as "Americans"
A Bush spoksman responded to this interview by saying "Mrs. Pelosi has set a new standard for the spin business".