U.S. Congress to take up his proposal for a $90 billion, 10-year tax on banks

[directionless]

Quote from 377OHMS:

Lets see...

We could get the 2 biggest clowns in Washington DC, Barney Frank and Chris Dodd, who also happen to be the two people in the United States of America who are most responsible for the housing crisis and resultant debt crisis to serve as the architects for the biggest financial reform legislation since the Great Depression.

This country is finished. If people can't see the incompetence and corruption of Barney Frank and Chris Dodd then they are blind and we are going *down*.

The country lost its battle when they let everyone vote, instead of specific, qualified groups that had a vested interest in maintaining property rights. The founding fathers never believed the general public was qualified to vote, unless they had some skin in the game with regards to property ownership.

Democracy is a bad idea, and has always been a bad idea because the public does the bidding of the loudest and the most convincing, not who is right.

 

[piezoe]

Quote from 377OHMS:

Lets see...

... Barney Frank and Chris Dodd, who also happen to be the two people in the United States of America who are most responsible for the housing crisis and resultant debt crisis ...

This is not true. What ever you think of those two, and there is plenty to be critical of, a single overstatement such as that above can destroy your credibility.

 

[cstfx]

Quote from piezoe:

This is not true. What ever you think of those two, and there is plenty to be critical of, a single overstatement such as that above can destroy your credibility.

If one is worried about their credibility on an anonymous message board...

 

[pspr]

It goes back to the, "No Taxation Without Representation". Remember the real Tea Party?

If all we had were property taxes then only taxing land owners would be a great idea. But, today everything is taxed and everyone pays some sort of taxes whether they own real property or not. It's only fair to give all taxpayers some form of representation.

Quote from directionless:

The country lost its battle when they let everyone vote, instead of specific, qualified groups that had a vested interest in maintaining property rights. The founding fathers never believed the general public was qualified to vote, unless they had some skin in the game with regards to property ownership.

Democracy is a bad idea, and has always been a bad idea because the public does the bidding of the loudest and the most convincing, not who is right.

 

[Random.Capital]

Quote from pspr:

It goes back to the, "No Taxation Without Representation". Remember the real Tea Party?

The "real" Tea Party was about the REMOVAL of a tax, not about implementing one people didn't want. By eliminating a duty, the Tea Act took the profit out of tea smuggling in the colonies, and THAT is what the protests were about.