Results 31 to 32 of 32
-
07-10-2008, 09:48 AM #31
Most of those tax breaks are negated with the "windfall" tax. No one can define just what a windfall tax is, so it tends to be exorbitant.
Gas prices high, right? The way to lower them is to put more oil in the market. Oil companies will not drill if it will cost them an arm and a leg to do so. A tax break let's them help us. Why is that so bad? A tax break to someone else doesn't hurt you..
-
-
02-20-2009, 07:21 PM #32
I thought this could use a bump. Capitalism, the economic system that has led the world's largest economy, is under fire.
If only people new about Community Reinvestment Act which sought to REQUIRE banks to meet the needs of any borrower that came through their doors, they would think differently. By the way, it was an act passed in 1977 by the awful liberal Democrat president Jimmy Carter.
So it was governmental interference that led to the current state. Requiring banks to make risky loans because "owning" a home is a right? Really? Capitalism is fixing the problem by short selling the housing market and Obama's $800 billion dollar "stimulus." The free markets of capitalism are showing us that our inflated prices need to come down. It's a pure system. It's perfection.
-
Originally Posted by streicher187 
