Wednesday, October 19, 2011

Bush/Cheney knowingly used the housing bubble to get re-elected

Remember Bush touting how many minority and low income people he had gotten into houses for the first time, that home ownership was at its highest point in history, and then would go on to site the unemployment figures...he stated this in several re-election speeches,,, so while I do not believe that Bush was cleaver enough to contrive it, he rode on the backs of Cheney and his cronies that figured it out...hey, let's go with the program started by the bleeding heart liberals, put it on steroids and invent no doc loans and artificially sustain employment to get re-elected...remember that there are 3 new permanent jobs created in association with each house sale.  So, these conivers ran us into the toilet and now McConnell will filibuster anything that could help get us out of this ditch so as to insure an Obama defeat...in other words, he could not give a damn how much suffering he causes just so they can pass more laws supporting their greed in the future.

Friday, October 14, 2011

Another phony republican claim

Those earning more than 250K per year are job creators - B*ll S*it

1. Most small business people earn less than 250K

2. Nearly all 250K and up earners are not small business owners, think about it, they are - - Sales, Marketing directors, managers and high performers, Pharmacist, Airline Pilot, Corporate Officers, Corporate Mangers, Corporate Lawyers, IT Professionals, Project Managers, Surgeon, Hedge fund managers, Brokers, engineers etc...


3. These 250K and up folks will only hire another maid or gardener etc... that will likely be an illegal immigrant.

Thursday, October 13, 2011

Tax increases on job creators will kill jobs - - simply aint so

This argument is stated as it would affect small businesses that file tax returns as sole proprietor, LLC etc.

Remember...employee wages, employer wage taxes and other related employee expenses are subtracted from earnings BEFORE tax liability is determined.  Therefore, adding employees will REDUCE the tax liability on such filers.  The basic problem with the economy is that too few people have too much money and too many people have too little money hence - no demand.  More on this later.

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