Posted on 09/07/2010 5:24:53 PM PDT by truthandlife
President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. Related
Mr. Obamas opposition to allowing the high-end tax cuts to remain in place for even another year or two would be the signal many Congressional Democrats have been awaiting as they prepare for a showdown with Republicans on the issue and ends speculation that the White House might be open to an extension. Democrats say only the president can rally wavering lawmakers who, amid the partys weakened poll numbers, feel increasingly vulnerable to Republican attacks if they let the top rates lapse at the end of this year as scheduled.
(Excerpt) Read more at nytimes.com ...
Oh I cant wait to see the markets tomorrow and the price of precious metals.
Just came across your comment - indeed, precious metals are WAY up today.
I think I’ll go ahead and buy that greenhouse, water filtration system, some more ammo, etc...
Prove it. There been no change in the power structure as of today. It's all speculation on your part.
“You took a “power nap” — that was your error.
No recovery for you.
*\:^|”
First no soup from the soup nazi and now no recovery from the recovery nazis! :)
“Bush was an OUTSTANDING POTUS.”
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Barry is outstanding too...for mendacity, ego, narcissism, laziness, stuttering, treachery etc.
It can’t be proven at this time and you know it. Look, the loss of confidence in the American financial system is substantial. Secondly, you don’t increase taxes in a recession or depression. Thirdly, it’s just common sense that these “rich taxes” will not turn out to be that. More and more of the middle class will absorb the punishment for deficit spending. We are headed for a two class society and you want me to prove that there’s “been no change in the power structure as of today”?
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