As for the economic crisis we are in now... we were warned, as was Congress, time and time again, but the DEMOCRATS did “NOT” care since they were reaping the benefits of their illicit activities.
The video below clearly shows that George Bush tried to warn Congress starting in 2001, that this economic crisis was coming, if something was not done. But congress refused to listen, along with the arrogant, Congressman Barney Frank. This video says it all.
The liberal media reportedly did not want this video on You Tube; it was taken off.
This link is of the same video but is routed through Canada . Everyone in America needs to see this before it is yanked off the airwaves again!
“I’m not discussing this with you anymore. You’re an Obama supporter. Overtime and discussion, Obama supporters usually show themselves.”
Well that would explain some of his odd comments, for sure.
rb, is it so? Did you engage in the folly of voting for the mocha marxist? get buyers remorse yet?
My main point was that 1) I don't think we're going to see corporate tax increase period under Obama 2) I don't think we'll see personal income taxes go up for at least 2 years..I don't think Pelosi has the power and Buffett seems to have talked some sense into Obama recently and 3) minimum wage isn't way retailers are cutting back--It is SALES. If you don't want to believe me, that's fine--I'm right in the thick of it. Sales absolutely tanked in Q4 in retail and were headed significantly down in Q3. We cut about 500 jobs and reduced hours by an additional 10% in Q3 & Q4 which was about 6% of our labor force. None of it had anything to do with taxes or minimum wage.
WOSG--If you knew anything about minimum wage for restaurants the only ones are the waiters making $2.17 an hour who rely on tips. I believe it's going to $2.48/hr in 2009. I promise you that wages do not make up 30% of the expenses. 10-15% is about the average for retail/restaurants.