Stephanie – There are so many flaws in your article “Uncle Sam’s Here to Help,” I’m not sure where to begin.
1) False: “big corporations and banks” are in business to make a profit and nothing else. You know, these companies run our nation. They’re the heart and soul of capitalism. The Community Reinvestment Act, passed in 1977 (by liberals) forced banks to become “charities.” They were forced to make sub-prime loans to low-income and minority individuals. It finally caught up with us. The solution? Spend even more.
2) The Founding Fathers granted us life, liberty, and the pursuit of happiness. I spit at the idea of my tax dollars being given in the form of a “tax rebate” to those who don’t even pay income tax. This is also known as redistribution of wealth. Nationalized healthcare makes me sick. Does Big Brother need to change our diapers too? I think not.
Lauffer Effect: you’d be surprised to see that under the Bush tax cuts over the last eight years, government tax revenues have been the highest.
3) Obama (like other presidents) pre-selects people to ask questions at interviews.
4) FDR didn’t bring us out of the Great Depression. FDR stole everyone’s gold, devalued the currency and turned on the printing presses. This is still affecting us today. Research Executive Order 6012.
Obama is not the savior. If he wants to stimulate the economy, he should start by cutting the capital gains and income tax. That would be an immediate stimulus.
Hyperinflation, here we come…
Jason Carian
industrial engineering junior