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Recent Comments

  1. almost 14 years ago on Ted Rall

    “Just giving folks their homes back and writing off the mortgages seems like a humane solution.”

    “Considering that the “value” of any kind of currency is just a big fiction that everyone has agreed on, the whole world could simply decide to junk the whole thing and start over. Problem solved.”

    I’m sorry but am I in an Ayn Rand novel here? Let’s just forego with the entire concept of capital gains. I’m sure that won’t have any negative impact on innovation and improving our quality of life.

    “Seems to me a better plan would be to work out some sort of payment plan until Obama and the DEMS can get the economy working again.”

    Ah. Proof once again that ignorance truly is bliss. I would like to point out that all indicators show the recession as starting in late 2007 to early 2008. Right after the Dems took control of the Congress in the 110th Congress. Now, cetaris paribus, if the only change is the leadership then why would more of the same turn it around?

    Seriously. The Dems take majority in Jan, 2007 and the economy tanks starting in late October, 2007. Am I the only one who sees the connective tissue here? Collectivist economic policies are fail people. You don’t get a job from poor people and taxing those with wealth, instead of allowing them to free up their money for investment makes no sense.

    And don’t even bother with they “they are hoarding it” malarky. Those with wealth do not sit on it. They invest it. In markets. In start ups. In anything that will make them more money.

    And as a result more people have jobs, more people make money, less people are unemployed.

    The plain and simple fact that all the stimulus money has done nothing should prove this but no, you will all sit here and cry foul of those who have wealth and demand they are taxed higher.

    Which will only force them to leave the country as they did Europe. Anyone else care to postulate why George Soros moved his HQ to the US? I’m sure it had nothing to do with the friendly tax rates.

    Face it folks. Obama is fail. Both he and Reagan inherrited a horrible economy yet 17 months after Reagan got his economic policy in place the economy went skyrocketing. It’s now 18 months after Obama took over. Are we any better?

    Let the troll, neo-con and other lack of tolerance commence.