Conservatives want: Bailout Wall St., use tax money to prop up prices, and eliminate capital gains. All of that.
That is hard to believe. The problem with the economy is the capital gains tax.
"The stripped-down plan advocates a two-year suspension of the capital gains tax and calls for pull privatization of Fannie Mae and Freddie Mac, which were taken over by the federal government earlier this month."
Robbery. Just plain robbery.
Bush and Paulson saying it's all find, all fundamentally sound and then, all at once, socialize Freddie and Fannie, socialize stock market losses and ensure stock market profits, tax free.
Arf