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Socialism cannot compete!
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It's not fair to replace that tax revenue with debt. But its grossly more unfair that we pay the level of taxes we do to begin with! That is the cause of all this...and the solution! We have become used to a credit-based life precisely because for most of us, that is what is allowed us...the banks contrive to keep us borrowing -- it's how they make their money. And the Paulson plan (former banker...hmmm) is just another example of protecting credit-based living.
Oct 01 15:59 pm
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All Comments by Socialism cannot compete! »In Case a $700B Addition to the Debt Isn't Enough [View article]
We have gotten to that point by allowing the federal government to take in excess of 40% of our gross for federal taxes alone (then add state, local, property, sales, gas taxes, vehicle registration, etc., etc.!!). You want a life that isn't based on credit? You want a future for this country that is based on work hard, and keep the merits of your own work -- incentive for Americans and therefore, America, to excel?? Then we must CUT GOVERNMENT TO THE CORE...and give Americans back what is theirs by doing so: our very FREEDOM as well as our MONEY.
Let your Congressmen and Senators know -- cut government, don't increase it by way of spending on mortgage debt. Give us our money back and we will be able to afford homes and much more. Stop the socialism and jump-start the economics of FREEDOM and INCENTIVE.