Thursday, December 02, 2004

John Robb's Weblog, Fortune. The dollar's fall



John Robb points to Fortune who points to the current economic impact of Bush's victory, and the current spendthrift Republican Congress. The Euro continues to gain against the dollar as the world loses confidence in US ability to balance budget.

Instead of addressing and solving the root cause of the deficit (spending too much and providing too much pork for wealthy constituents), they divert their attention to making tax cuts permanent and privitizing social security.

See the interesting congressional privitization example..
why don't we insist on accountability... ? Can anyone really cite a privitization example that actually works ...?

Enron, Adelphia, etc. etc.

Jeopardy! Winner, Tax Loser

Jeopardy! Winner, Tax Loser

hey
the man walks with 1.25 M..
that's not bad...
sure the taxes suck..
but he's hardly a loser....
and rehashing the tax law is interesting but irrelevant.
what's relevant is he'll have 1.25M clear..
not bad..for "jeopardy".

Frist Political Fund Can't Cover Bank Loan (washingtonpost.com)

Frist Political Fund Can't Cover Bank Loan (washingtonpost.com)

Bill Frist shows why Social Security privitization is dangerous, the stock market isn't a saving plan. true social security needs some fixing up, but the idea that we'll just offload the accounts into a stock market scenario, exposes american's to what their 1928 counterparts suffered through.

beware

Frist Political Fund Can't Cover Bank Loan (washingtonpost.com)

Frist Political Fund Can't Cover Bank Loan (washingtonpost.com)

Bill Frist shows why Social Security privitization is dangerous, the stock market isn't a saving plan. true social security needs some fixing up, but the idea that we'll just offload the accounts into a stock market scenario, exposes american's to what their 1928 counterparts suffered through.

beware

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Location: san francisco, California, United States

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