 Does Paulson have too much unfettered power? |
| Does Paulson have too much unfettered power? |
 Dec 10 2008, 10:48 AM
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 Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35  |
What do you think?
We give this guy $700 Billion to do with as he pleases. He claims that it is helping the banks extend credit all the while the banks are saying "we have government money now, we can limit the number of loans we give out". I've read Representative Gohmert's plan to do away with income and FICA taxes for a year, which would inject a good chunk of change into the taxpayer's pocket while not increasing the national debt. Some of the estimates of what the debt will be are around $7 trillion. -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Dec 16 2008, 11:49 AM
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Group: Admin Posts: 6,906 Joined: 22-February 06 From: Austin Member No.: 9 |
In other news, the Fed cuts rates to 0.5% and doubles its balance sheet, mainly by printing more money: http://money.cnn.com/2008/12/15/news/econo...arket/index.htm
*facepalms* This post has been edited by Spectatrix: Dec 16 2008, 11:49 AM -------------------- |
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Hartmann Does Paulson have too much unfettered power? Dec 10 2008, 10:48 AM
Billy QUOTE (Hartmann @ Dec 10 2008, 10:48 AM) ... Dec 10 2008, 11:53 AM rabble As much as I'd love to not pay taxes for a yea... Dec 10 2008, 02:34 PM
Hartmann QUOTE (rabble @ Dec 10 2008, 02:34 PM) As... Dec 11 2008, 07:51 AM Mommy QUOTE (Hartmann @ Dec 11 2008, 08:51 AM) ... Dec 11 2008, 08:33 AM Billy QUOTE (Mommy @ Dec 11 2008, 08:33 AM) Cou... Dec 11 2008, 11:43 AM Mommy QUOTE (Billy @ Dec 11 2008, 12:43 PM) If ... Dec 11 2008, 01:44 PM Hartmann QUOTE (Spectatrix @ Dec 16 2008, 11:49 AM... Dec 16 2008, 01:19 PM Mommy economy sucks Dec 16 2008, 12:02 PM |
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