The bailouts & stimulus packages (current and future planned) can translate to ~$33K per tax payer. Could we and the economy have been better off giving 33K to each tax payer to spend?
Filed under: Economics, US Politics | Tagged: bailout, economy, employment, Finance, real estate, stimulus, tax, toxic assets, wall street | 4 Comments »
Actually, Joe Biden is not even average. He is way below average. Let me just break the news — he comes in last, at the bottom, no one behind him. I am of course talking about his Net Income and Net Worth when compared to other Senators.
Biden’s tax returns for 2008 showed earnings of only [...]
Filed under: Economics, US Politics | Tagged: Biden, Democrat, Republican, Senate, Senators, USA, Vice President, VP | 2 Comments »
So most of us despite Iraq, despite Wall Street greed, despite Washington politicking (and may be because of them) do not get shocked easily.
But I was shocked by the New York Times editorial, “The New Debtor’s Prisons.” It cites cases where poor people in Michigan, Georgia and Mississippi who could not afford to pay meager court ordered fines were imprisoned!
Here’s [...]
Filed under: US Politics | Tagged: America, capitalism, debt, jail, money, NYT, poor, poverty | 2 Comments »
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