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“No new taxes” is and has been the popular ‘catch-phrase’ for Republican politicians — this foolish philosophy has not served us Americans so well. A conservative zealot has the right to praise Bush all he/she wants, but, the fact is: his frivolous, secretive, and probably illegal spending is what has, pardon my language, fucked the United States.
On a lighter note, Obama has thought up a way to recoup expenses from the bailout that took place in late 2008 as well as boost the government’s economic security. He has proposed taxing the banks which would generate a revenue of about $90 Billion in a decade which is not too shabby, however, I am sure that there is more that could be done.
One suggestion is a ceiling upon an individual’s assets set at, let’s say, $50 Million. Does anyone truly need more than that huge sum of money? I think not. If the Billionaires and possessors of hundreds of millions of dollars were to retire their greed and support the greater good which is the survival an economic security of their sovereign nation, the United States.
JSR
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