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By Ed Furey
Monday, Sep 29 2008, 11:10 PM
Another must see video. Thanks to Charlie Sykes.
Democrats are the majority party in Congress. This means that if they want something to pass, all they need to do is vote for it. Nancy Pelosi says that the Republicans are to blame for the bailout failure, because only one third of them voted to approve it. Yet she only needed a few more votes for it to pass and nearly 100 Democrats voted against this package. Sorry Nancy, this does not pass the common sense rule. To top it off, she is the one that called for a vote knowing full well that they were short of the votes needed. All morning and early afternoon the press said that they didn't have the votes.
Barney Frank (the second coming of Elmer Fudd - has anybody listened to the way he talks?), Harry Reid and Pelosi have had their own agenda on this since the start. First Reid says that the Democrats won't vote for anything unless McCain shows up to vote, then McCain calls his bluff and puts Country First to try and make sure that if something is done it gets done right, at which point Reid says don't come we don't need you. The reason was they were trying to position Obama as the savior and leader. Even during the big meeting at the White House, the other Democrats deferred to Obama so that he could show his leadership and take charge. The Democratic leadership was appalled when he failed to do so. Obama ready to lead? There isn't one Democratic leader that thinks he is.
Filed under: Bailout, Barney Frank, Congress, Democratic Party, democrats, Economic Crisis, Idiots, Morons, Obama, Pelosi, Republicans
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By Ed Furey
Thursday, Sep 25 2008, 05:09 PM
My sister sent this to me, and I enjoyed it so much I thought I would share it with everybody. Thanks to Viking Dave.
I'm against the $85,000,000,000.00 bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to America in a We Deserve It Dividend. To make the math simple, let's assume there are 200,000,000 bona-fide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up.. So divide 200 million adults 18+ into $85 billion that equals $425,000.00. My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend. Of course, it would NOT be tax free. So let's assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam. But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00. What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved. Repay college loans - what a great boost to new grads Put away money for college - it'll be there Save in a bank - create money to loan to entrepreneurs. Buy a new car - create jobs Invest in the market - capital drives growth Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces. If we're going to re-distribute wealth let's really do it...instead of trickling out a puny $1000.00 ( 'vote buy' ) economic incentive that is being proposed by one of our candidates for President. If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+! As for AIG - liquidate it. Sell off its parts. Let American General go back to being American General. Sell off the real estate. Let the private sector bargain hunters cut it up and clean it up. Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.' But can you imagine the Coast-To-Coast Block Party! How do you spell Economic Boom? I trust my fellow adult Americans to know how to use the $85 Billion We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC And remember, The Birk plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam. Ahhh...I feel so much better getting that off my chest.
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