The wealthiest Americans that are SUPPOSE to create jobs with all their tax cuts received a bailout along with their investment banks.
Wealthy Americans includes the CEOs of the Investement Banks. They include people like Paulson and Bush. So, where did they go after their investment banks were bailed out by the American people. And I don't want to hear how the banks have paid back their bailout to the USA Treasury. Because they left a 'WAKE' behind them that is STILL not addressed and caused the USA a lot of danager to its economy.
Oh, they are around. They are like circling vultures looking for where the Stimulus dollars are being spent, but, do they feel responsible for their damage to this country?
No way.
After they were bailed out. The richest Americans took their money and ran. They disappeared and didn't look back. If the Middle Class was suffering because they never 'put the economy' back where it belonged after they were bailed out; well that was too bad.
They indulged themselves with their investment banks and took their money to Europe and Asia. What ever makes Americans believe their wealthiest are simply waiting to see if the Bush tax cuts for them are going to be preserved so they can descend on the poor, the unemployed and the Middle Class to be their savior for the monies they were 'granted' when they should not have been.
Where are the wealthy investors NOW. They have had Bush Tax Cuts since the economic collapse of the USA in 2008. What have they done to increase job growth in this country and where is their patriotic obligation to PUT BACK the economy they crashed after their investment banks 'blew' every dime in their treasuries.
There is something the legislation that provided a bailout to Big Banks neglected to include in its 'repayment plans.' It forgot to address the TOTAL cost of the bailout. They forgot that the banks collapsed the USA economy as if they weren't responsible. When the Investment Banks state they paid their obligations back to the USA, they are completely "W"rong. The fact of the matter is they haven't even begun to 'put back' the economy their leadership destroyed.
The payments by the banks that received bailout funds need to pay back more then interest they accumulated during the time they had money to 'play' with. They needed to payback or put back the economy they destroyed as well.
The investment banks and the wealthiest Americans have gotten away with outrageous borrowing and spending that tanked the USA economy and put millions of Americans out of work while filling their corporate and personal coffers.
So.
When it comes to paying off the deficit or 'pandering' to wealthy Americans that will never 'put back' the USA economy after Republicans make fools out of the USA public again in preserving tax cuts for people that could not care less about them; I want hte deficit paid. At least that will address the future of my children and their children and their tax burden now and later.
I mean; for real here. How stupid does this get before Americans 'wake up' to reality rather than a Republican Dreamscape?
No more tax cuts for the wealthiest Americans. No way. They don't deserve 'special treatment' over the future burden of my children and grandchildren. End of discussion.
Sep 15, 2010
Obama: GOP still 'saying no' on tax cut deal (click titel to entry - thank you)
President Obama blasted Republicans today for insisting that George W. Bush-era tax cuts be extended for wealthy Americans, thereby delaying an agreement to extend them for the middle class.
"Once again, the leaders across the aisle are saying no," Obama said in brief remarks after a Cabinet meeting. "They want to hold these middle-class tax cuts hostage until they get an additional tax cut for the wealthiest 2 percent of Americans."
Extending tax cuts for individuals making more than $200,000 annually -- and couples making more than $250,000 a year -- will add $700 billion to the federal budget deficit, and "we simply can't afford that," Obama said....
