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TGREGG.... Don't know why the libs are trying to claim this calamity on Bush. It plays right into their hands. Which party gets the votes when the economy is in the toilet? Who do the unemployed vote for? Poll public housing, who's the overwhelming favorite party? Go to any government handout...

But let's not stop at a 42% top rate; as a thought experiment, let's go all the way. A tax policy that confiscated 100% of the taxable income of everyone in America earning over $500,000 in 2006 would only have given Congress an extra $1.3 trillion in revenue. That's less than half the 2006...

At the end of the day....the tax take from the progressive structure is going to be very small....much smaller than the 10% consumption model.... Government has to contract in size in a big way....to be more in line with revenues.... The end game is that the govt. is on the path to being...

http://online.wsj.com/article/SB123561551065378405.html And a major downsizing of the govt. in general....

Another real question relates to .... WHERE IS THE MONEY GOING TO COME FROM ? If the normal annual foreign purchases of US govt. debt is approximately $200 Billion....who is going to buy several $Trillion ? And this is only the US govt....not including US corp. debt .... And this...

You know what the amazing combo would be.... Obama being the mouthpiece for Ron Paul.... Then one could light a " real fire" under the economy.... The US would rock !!!!!!!!!! The best "model" with the best "presenter"....

I agree.... You know this....They are lying in waiting.... It is not a matter of if....but when.... ................................................ The key is relative to currency of course.... If you were them ....what would you be doing ? Waiting for the $ to tank....

What I heard was .... Bank bailouts....emphasis on "more prop money" needed Auto bailouts....emphasis on domestic manufacturing Wall Street ....increased regulation House Mortgage bailouts Energy....Making alts competitive with carbon taxes Education....performance rewards....general...

f9, Wildly optimistic will be "an understatement".... About as reliable as official employment numbers.... You know the rest of the story.... There just seems to be a continual problem of getting people in the right places that can get ahead of the curve.... "Being ahead of the...

f9 Will be much lower than this..... http://money.cnn.com/2009/01/07/news/economy/cbo_2009_budget_outlook/index.htm?postversion=2009010717

And ... 1) Do not forget that US tax revenues are nosediving.... 2) China's looming real estate/manufacturing revenue losses and needed domestic spending will negate their capabilities to support the US bailouts....

Of course the real issue being just what were the actual steps that took place....names and faces....that accepted this method in order to apply a AAA rating to what should have been CCC or less.... No entity would have bought CCC paper....nada.... Supposedly this was a confirmed...

Thank you.... I have been looking for this.... .................................................................................. So since this is at the true core of the blame game.... The question is just who gets to be put on ice ...

http://seekingalpha.com/news/market_currents/post/18280?source GM in Canada wants $8 Billion for 7000 jobs.... This is over $1 Million per job.... Which may not be around in the future.... ............................................................................ Policy should...

Good posts..... Globalization is not complete without a valid worldwide, seamless securities exchange.... Globalization is a form of overall equilibrium....supposedly exposing and utilizing efficiencies the world marketplace has to offer.... This cannot be accomplished unless there is a...

http://mises.org/story/3333

Let's make it simple.... Mr. China....Mr. Geithner did not mean what he said.... He takes it back.... He really did not mean to call you "a money manipulator".... And by the way....we know you do not like it....but if you don't.... Your case will just get far worse.... You do...

http://www.nytimes.com/2009/02/22/business/22pay.html?_r=1&hp A few names missing....ie GS/Paulson, Blankfein, MS/Mack....etc....

http://www.ritholtz.com/blog/2009/02/paul-volcker/

Not just CA....but the current Obama roadmap guarantees a Euro-Japan world.... An L shaped future economic movement....along with a somewhat similar "Denmarkish" Euro twist has just been cut in stone.... I like Obama because he is self made....however with no proper structural...