quote:you think that Bush is the bogey man? Well, the Dems have been controlling Congress since 2006, and while they have been the majority, the market has tanked
I feel that Bush is the WORST President im MY lifetime, I think Reagan was one of the best, Clinton rode the wave that Reagan started. The biggest downfall to our economy has been
1)Free Trade Ross Perot had it right, the giant sucking sound. The people in this country are laid off because the products they used to build are now made overseas. How can they afford to buy what is being sold???
2) Deregulation, the means to the end does not make sense to me, started by Nixon, expanded by Reagan, helped along by Clinton. This started the banks giving loans to people who could not afford them, and when Free Trade got into high gear after Clinton left office. They lost there jobs and well you know the rest of that story.
Also the modification of the bankruptcy laws that leave the average person paying back what they owe. But the Big Business can walk away from all of their bad decisions. This was done under the last Bush, as a side note the credit card companies were major players in the push for the new bankruptcy laws, and as soon as they got them the credit card companies were targeting the poorest of our country to start using credit cards. Of course these same people were not allowed credit prior to the change in these laws because they could use bankruptcy to let them get clear of these debts.
I can go on and on the effects of the deregulation that has us here. The main reason we are where we are is Greed and Power. Madoff, Stanford, FANNIE MAE
I hope our new president can get this country back on its feet. But like the others have said he to seems to be running the status quo.
3) A flat tax system would be so nice, no refunds everyone pays the same percentage(thats what was done in Iraq).
I have a problem with the Social Security taxes. This years limit is capped at around $104,000. So why... someone who makes say $104K pays the same amount that Bill Gates pays????
Ok my soap box is over.
Jeff