Tuesday, August 3, 2010

Unemployment Will Go Up and Taxes Will Too

By Bill Glynn

Did I hear right? Timothy Geithner just said that unemployment is going to go up and the Bush tax cut will stay for 95%. I don’t even need to write one more sentence. This is financial discrimination and a death knell for recovery! It couldn’t come at a worse time for the “shaky” economy. This is pandering for political gain. They are playing Russian roulette with the economy and how many bullets can you dodge?

The Bush tax cuts are the news of the day, but taxes in so many forms are coming. 50 to 60% of your hard earned income will go to pay for everyone else in America if you are part of the 5% that have been categorized as a separate class - treated differently, discriminated against, and the critical component to the recovery. Career politicians, academics, socialists and Marxists are busy plotting how to redistribute your wealth, how to use class warfare to maintain power through elections, and how to stomp out the capitalist heart and soul of our country. [more...]

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