Posted on 08 January 2009. Tags: Barack Obama, Class Warfare, Deficits, Taxes, The Rich, Transactions Tax, Wall Street
I continue to be amazed at the moral obscenity underway in our country. We are in a financial crisis, states are cutting education and health care, and we are wringing our hands over federal deficits–yet there is no serious discussion about significantly taxing the rich, who have reaped hundreds of billions of dollars in […]
Read the full story
Posted in General Interest
Posted on 25 September 2008. Tags: Bailout, Financial Crisis, Peter DeFazio, Transactions Tax, Wall Street
The turmoil continues today, with investors continuing to flee to short-term Treasury bills (which promise virtually no profit so you can see how the panic continues) and continuing division on the Paulson bailout for bankers (Nancy Pelosi says bravely, "We are not taking ownership of this," meaning Republicans will have to vote for the […]
Read the full story
Posted in General Interest