I'm afraid your Amazing Talking Hat has let you down again.
Once more, where the money comes from, and who it goes to.
The rest of the money goes into funding off-shore companies, like Halliburton, oil companies, investment in Chinese manufacturing plants and high-risk, high reward and ultimately damaging investments such as hedge funds with sub-prime mortages.
This is sheer crap, and I'll bet you've got nothing to back it up at all.
For the record, neither Halliburton or our oil companies are "offshore" for tax purposes. Remember that bottom 50 percent and their combined income tax payout of $29.6 billion? Exxon-Mobil paid more tax than that all by themselves in 2007.
I bet a dollar you don't even know what a hedge fund actually is.
Current Events » in reply to Campaign donations from the extremely wealthy.
And, yet again...
The whole thread (17 posts)
- Totally Spent - how this recession will be different.
- "The only way to keep the economy going over the long run is to increase the wages of the bottom two-thirds of Americans. "
- Different - Not so much
- Good article - thanks.
- Reich is good. He's frequently on NPR.
- I remember him.
