Perpetual War

[Jim]

[Sandy]

Hmm, that's interesting. Roosevelt, JFK-Johnson, and Clinton all raised the corporate tax rates to compensate for the cost that big business takes out of the economy in infrastructure, and returns in benefits, and the economy produced record growth under their economic policies. Eisenhower, Nixon-Ford, Reagan-Bush and Bush II all lowered the corporate tax rate, reducing goverment revenue significantly, and the economic hallmarks of their administrations were recessions accompanied by rising energy costs that zapped private spending. Obama wants to do more of the same stuff Kennedy and Clinton did? Well, given that they both presided over the greatest economic growth in American history, I'd say he's on the right track. Stabilizing government revenue is one thing, but the Bush tax cuts, which are directly responsible for the worst recession since the great depression, kicked over the cow. It would be like me buying a big house, an expensive car, and running up a lot of credit card debt and then expecting everyone else on this board to pay the tab. Big business runs up a big bill in infrastructure and defense protection, and then expects the private citizens to pay for it. The government has picked up most of the tab for retirement and medical benefits for retirees and pensioniers that corporations should have picked up when those people were working for them. But with corporate tax rates at half or less what they were during the most roaring economic growth, the bill zaps the life out of the economy.

Obama is on the right track.

[KeithE]

[David Flick]

[Gene Scarborough]

Geez, guys----somehow I haven't noticed the economy improving at all!!!

Why is is so simple to name tax rates as the magic bullet when GREED seems more rational to me!!! Add a dose of DECEPTION and I think we have a complete picture!

The last time we had such a mess it was called "THE GREAT DEPRESSION." Now it has moved from "Recession" to "THE GREAT RECESSION." I'm seeing little, if nothing, from either side to help correct it. We don't need THEORY---we need ACTION!!!

Here are some actualities:
1) The gulf between rich and poor is widening and the great American Middle Class is suffering.
2) The Middle Class bought into the Stock Market on anticipation of great gains---only to find Derivitives and Corporate Earnings Reports an equally deceptive bog.
3) We are spending enough on Middle East War for that, alone, to provide sufficient funds for Infrastructure repair.

Here is what the last Depression Recovery under Roosevelt did to help solve the problem:
1) IMMEDIATELY help the largest number of Small Businesses with the Soil Bank for small family farms.
2) Ignore the Republican cries that Roosevelt was a Socialist and welcome the public works projects they next offered.
3) Put in the Securities Exchange Commission to set new rules and regulations to prevent bank failures and Stock lies. The most interesting aspect was Joe Kennedy being made head of the SEC---one of the biggest wheelers and dealers in finance in the history of stocks! Roosevelt's response when people asked, "Why did you put the biggest crook in charge?" was "It takes one to know one and making him publicly responsible, puts the spotlight on the man who knows how to cook books!"

It is here / it is real / so what should be done as a better approach than using taxes to direct the Economy---which obviously DOES NOT WORK!!!

INFLATION is just around the corner unless we balance things. You can't continually spend far more money than you take in as do people with credit cards. All this mess has, at its core, people desiring the "good life" so much they have forgotten hard work and thrift along with honesty produces long term results.

What other LIES do you know which are leading us down the path to "The Fall of the Roman (now American) Empire?"

When will we realize that people working steadily and earning their way is a REQUIREMENT for success?

The thing which seems to be winning right now is "Do unto others before they do unto you!"

[Jim]

[Jim]

The latest book, done this year, is entitled Democrat World 2008-10, ISBN: 978-1-257-09798-2. It will soon be available at Amazon, etc. Here’s a page: .

[Gene Scarborough]

[Chris]

[Gene Scarborough]

The Economy is kicking us right now / EVERY regime around NE Africa we have backed for years has been outed over human rights and voting rights abuses / I'm not seeing much good coming out of our public view in the world's eyes.

Now we are being embarassed with Debt Ceiling discussions at a crisis point.

If it keeps up we may be joining Russia as our competition over Star Wars bankrupted them and they are selling their weapons in 3rd world countries to keep the flames of human conflict burning bright---and who knows where their nuclear weapons are ending up!!!!

An economy based on military aggression seems most unwise and it surely isn't helping our failing infrastructure. Oil and drugs are at the middle of the current messing with the Middle East.

It's plumb scary and Hell might just really break loose!!!!

[Sandy]

[Sandy]

I don't know if this happens to anyone else or not, but when I get about ten lines of type on a post, the bottom bounces and does funky things.

[David Flick]

[Gene Scarborough]

My same experience in the history of economics, Sandy!!!!

My father had a wise observation: "The only difference between a Democrat and a Republican is that a Republican is just a Democrat who has made a lot of money and wants to keep it all!"

The South used to be automatically Democratic when we were poor. My grandaddy, a SC farmer, would always check off the Democrat box and exit the polling booth. He remembered which politicians saved him from financial ruin in the 1930's.

As living in the South has become popular and many large corporations moved here to avoid the Labor Unions, we have enjoyed rising land prices and a better standard of living. How we came to think the Republican Party is a "working man's" party is beyond me. They hate any legislation which favors workers. Congress has put in almost too many measures to make owners share their wealth and benefits with employees. Somewhere there is a fair balance point so employees are treated right and have a promise of raises and a future which keeps up with inflation.

So far as I can see, none of such legislation came from Republicans and they CERTAINLY have been in charge each time the rich got richer by lying to investors and running financial institutions which cook their books and don't want to loan money now despite our working man's tax dollars primarily supporting the US Treasury.

What if we all became Independent Contractors paid every dollar we earn with the same tax-avoiding deductions the rich have???? Now----wouldn't that be nice!