Insanity Personified : Nancy Pelosi 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". 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 immigrants 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"."
if someone is in this country ILLEGALLY they do not need our help with anything!!! Get them on the first bus out of the country and make sure they do not return, unless they do it legally!!
The Dimmocrats make talking out of both sides of their mouth into an art form. Next she will deny being anti-business. Again, and this reinforces a position I took on here before, economics and politics don't mix. If she taxes all corporate earnings at 100%, there will be no funds left for capital investment in the firm, so as equipment wears out, companies will no longer be able to compete. That will drive prices higher, some companies out of business, and prices still higher. To stay in business, companies will be forced to borrow, which will drive interest rates up as demand peaks for available funds. As companies tighten their belt, they will lay off more and more people. Two quarters of decline in the real GDP signal a recession, the tight money supply would probably drive the economy into a full-blown depression. Many smaller companies would simply go under, if your earnings are taxed at 100%, there is absolutely no incentive to stay in business. These sound bites sound good to people too stupid to realize if all the big corporations shut down, they won't have a job. Over 50 million Americans have 401(k) retirement plans at work. Some is short term, some is stock, the majority of that money is invested in mutual funds. The mutual funds give us collective power that the small investor could never have, the ability to buy 5% ownerships, and have seats on the Boards that decide the course of the company. We drive the market, and have the most to lose.
Emphatically NO!! Herd them out on foot, or pack them in a cargo van, the same way they came in. After, of course, getting their fingerprints. No future entry, legal or otherwise. Second illegal crossing, chain gang on bread and water breaking rocks for new roads, then walk 'em out. Thus spake me, and me only (so far.)
It's my view that Washington needs a good flushing...and socialist/globalist crap from Speaker Pelosi proves it!
Agreed we need to go thru Washington with a big firehose and power wash the crap out. I believe that it really doesn't matter which party you vote for things aren't going to change. The real power is with the lobbyists on K street and those boys and girls don't ever get voted out nor does their term ever expire. As far as the Illegals go well I agree get them the hell outta here, the only thing they are doing is helping to shore up Social Security. Take care Be safe Poacher.
A reasonably intelligent person could not defend those ideas over a couple of beers.You just want to ask them how they came to believe this logic...same with the gun grabbers.They all spout blatantly wrong statements and don't want to hear anything to the contrary ..I'd like to sit across the table from pelosi and have her try to convince me her ideas make make sense( except I'd probably reach across thetable strangle her).
Tango I'm sure alot of people would like to debate her but shes not stupid. She won't ever get into a debate that she might not win. Alas nowdays pretty much all politicians are like that. Take care Be safe Poacher.