Yeah, and the GOP tells us that when the Fed pours money into the economy to try to kick start it by buying stuff and paying salaries, it's socialist "money printing" for the "special interests", but when some investment house is leveraged by a factor of twenty to one, and then uses the false profits thus generated to buy even more worthless derivatives and credit swaps, that's free enterprise "providing financing for the producers", for which they're entitled to a capital gains tax cut.
Why even bother arguing with these phonies any more, Buck? All they care about is keeping their taxes low and workers so scared and intimidated they'll put up with any crap to keep from losing their jobs.
Long before the current financial meltdown even started, how many billions had we borrowed from the Chinese to finance the "Bush prosperity"? I guess it's only deficit spending and pork barrel politics when Democrats do it and the poor and middle class get some benefit from it.
I'm outta here, this place no longer serves any useful purpose.
Current Events » in reply to GOP leaders LIE about the New Deal
False profits.
The whole thread (39 posts)
- GOP leaders LIE about the New Deal
- Surely, the New Deal Helped. Surely Republicans, Being Politicians Are Liars. So Are Democrats. (n/t)
- Wow! Show a few numbers and the right wingers tuck tail and run. (n/t)
- False profits.
- Formatting issue