StateofConfusion

Unintended Consequences of the Fannie / Freddie Bailout

When we say the taxpayers are bailing out these institutions, I have to ask who are these taxpayers? Present taxpayers are certainly not doing it, in fact the moment any candidate hints at raising taxes, the Republicans will print attack ads and tell you the world is coming to an end. What they don't say is they made it end.

First and foremost, we need a simple tax code. Stop interest deductions for houses, tax income and property of churches and get some of that overblown salary the CEOs and Wall St. insiders are stealing.

Remember this for the election, would you trust the judgement of anyone that voted for Bush twice?