And if the right-wing extremists weren't bad enough in targeting the poor and minorities for blame in the nation's economic upheaval, here comes Congressman Barney Frank.
He said today that the rich should be taxed to recover money from all the bailouts he pushed through Congress.
Pity America. It is caught between extremes of the right and left more concerned with pushing their ideological agendas than doing the correct thing for the nation. Frank and his leftist "give it to the rich" rant does America little good amid this crisis except to divide us further.
Sen. Obama's plan of removing the Bush tax cuts and setting the savings to give a break to the middle class will be sufficient, if he is elected president. More taxes besides that on the rich are wrong. Many of these people of affluence do create jobs, take entrepreneurial risk and try to keep the economy going with innovation.
Making them pay for Congress' bad decision to passing these bailouts is indicative of 25 years of poor choices by our leaders -- to deregulate the financial industry and then leave the tab for its big party on the taxpayers.
Rich, middle class or poor do not deserve it.
Monday, October 20, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment