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sending a million dollars to every working American and you will spend less than 300 million dollars or at least send a million dollars to every household in America instead of the 850 million to wall st.and we will be saving a lot of money, last time you approved the plan to send $300.00 to $600.00 to every household and that did nothing any problem but you waisted 165 billion dollars, please send a million and we will keep our houses and will improve the economy.
Posted by bobnjersey at 05:36 PM : Oct 15, 2008
And you point is...?
Does this contradict the statement that the top half of wage earners pay 97% of all taxes?
If they own 97% of all assets, then it''s only fair.
THEY GOT IT OFF OF THESE DISCUSSION BOARDS!!!
How many times have you seen it posted???
Republican administrations use deregulation and supply side economic theory to drive their policies.
Neither has a socialistic basis. George W Bush is now using a partly socialistic plan to try to re-boot the credit markets, so far not very effectively.
Over the past 80 years, the Democratic Presidents have presided over real GDP growth per capita of 3.8% vs. 0.8% for Republicans. They''ve averaged 9% annual gains in stock market prices vs. 0.4% for Republicans. The Republicans have presided over the two major crises that have nearly destroyed the capitalist system in 1929 and 2008. Who are you gonna vote for this fall?
[Posted by lwc777 at 01:34 PM : Oct 15, 2008]
and it''s the president (gwb) who ignores the law ... adds signing statements to each bill he signs to re-iterate that ... and between 2000 and 2006 ... he signed every spending bill that passed his desk.
[Posted by mbourn2 at 02:59 PM : Oct 15, 2008]
there''s a famous quote and it goes like this: ''lies, *** lies, and statistics. usually attributed to mark twain, but it actually was first uttered by someone else.
so ... in the spirit of statitics being used to confuse ... here''s some more:
- Top 5% of population own 59% of the total ''wealth'' in the country
- In other words, the top 5% have more wealth than the combined wealth of other 95% of population
- Top 1% hold half of all the non-home wealth
- Assets are home, checking/savings, cd''s & mutual funds, pensions.
- For average middle class family, these assets represent 84% of their total ''wealth''
- Blacks have about 60% of the income of whites
- Blacks have about 18% of the wealth of whites