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With the war on the rich, big oil, women and the Supreme Court not gaining enough traction, last week the administration tacked in a different direction…home mortgages.
Another liberal tax evader forgetter… but then why should that surprise you, heh?
Today President Obama announced yet another tax proposal to reduce out debt. This tax increase is only on the real millionaires and billionaires. The thousandaires (i.e. those making more than $200,000 whose taxes will rise if the Bush tax cuts expire, as the President desires) won’t have to worry about this new proposal.
We did a post last week concerning the July 24 prediction made by Secretary of the Treasury, Timothy Geitner, that, if a “debt ceiling” deal wasn’t reached that afternoon, our stock markets would tumble dramatically on Monday, July 25. The DOW did fall by 88 that Monday. Certainly not good, but hardly the calamity predicted.
On Sunday, Secretary of the Treasury, Timothy Geithner, took to the Sunday morning talk show programs to speak about the gridlock over our national debt ceiling. I am not adept enough to add a video clip of his comments. But, here is what I heard.
Editors Note: I am writing this post because if RVO “Contributor” Erik Blazynski or “Author” Steve McGough wrote this, their heads would explode. Special H/T to Instapundit for this one. So follow the money and that means follow the Democrats. OK some Republicans too … but mostly Democrats and mostly Democrat contributors on Wall Street.…