The New Big Picture (Really good read at link)

Spectator.org ^ | 12/15/2010 | Peter Ferrara

[Signalman]

The Bush Tax Cuts: The Final Word and Beyond

For how many years have Barack Obama, Nancy Pelosi, and other Democrats been telling America that Bush cut taxes only for the rich? If so, where did all those middle class tax cuts come from that everyone is now talking about extending?

The Republicans are holding the middle class tax cuts hostage? It was the Republicans who enacted the middle class tax cuts, nearly 10 years ago now. That would be $3 trillion in middle class tax cuts over the next 10 years.

Obama and Pelosi are talking as if these were their middle class tax cuts. But they are George Bush's and the Republicans' middle class tax cuts, which they enacted almost 10 years ago. After four years of total domination of Congress, the Democrats have still not extended them, despite all their middle class tax cut blather.

And for three years now, President Obama and Baghdad Bob–style sycophant propagandists from the Center for American Progress have been telling us that it was the Bush tax cuts that caused the financial crisis. As I have explained before, this is Marxian economics, Groucho, not Karl. If the Bush tax cuts caused the financial crisis, then why, pray tell, are we extending them now?

Maybe that is because one of the few Democrat grownups in Washington, senior Obama economics adviser and former Harvard University President Larry Summers told reporters last week that failing to extend the Bush tax rates would cause a double dip recession, which makes Art Laffer's analysis bipartisan. But…wait a minute. Didn't…the Bush tax rates…cause the recession in the first place?

So what happens now? On the one hand, the economy is just bursting to break free of the Obamabonds that have been holding back the recovery,

[Signalman]

Scroll down to “The New Big Picture” at the link.

[jonrick46]

They denigrate the big rich. The big rich have that pesky greed that caused the collapse. The Left tell the American public that they need to throttle back that greed through taxation. However, they fail to tell the real truth. It is not greed that caused the economic collapse, it was the design of the economic system. See it as a bridge that must be designed to hold the weight of the traffic. Look at greed as the desire for travelers to use the bridge route because it is the easiest and fastest to get them there. In the economic sense, it is more wealth. That increased wealth brings more capitol to the producers and more jobs.

Those responsible for the maintenance of the economic system must look out for design flaws and signs of failure. Otherwise, as we have seen before, bridges will collapse and catastrophe with the rest of the market occurs.

[BfloGuy]

There’s a link for your post — click the title. I thought you were posting about Avastin; didn’t make any sense when I read what you excerpted.