John Edwards is so fullofshit..his eyes are brown....and so predictable, I'msorry I bothered to report what he said.
The discussion after this, between Paul Begala and Tucker Carlson was really fun. Maybe the transcript will be up soon, and I'll add it here. Little Tucker finally managed to score...but then again, President Bush's position is pretty easy to defend.
That is an utter lie. Dividends that are within an IRA or 401K are not taxed at the time they are put into those accounts, but they certainly are taxed at the time they are withdrawn. That's hardly "tax-free".
"Big gamble" says Ellis, "is most of the benefits are going to be in the off years." (Whatever that means).
Perhaps Ellis means most of the benefits will come during non-election years, and there is that pesky issue of voters who forget to be grateful to those whose hands blessed their coffers, so the "gamble" is political for MOC. If so, the speaker is entirely missing the point: how to stimulate the economy, not to assure re-election of Congress members!
If so, how could there be a more blatant example of money tied to votes?
Just can't help but remember the words of one of our founding fathers (Jefferson?, and I'm summarizing poorly) who intoned the warning that once the people figure out they can vote themselves money out of the public treasury, there will be big trouble.
Edwards is a moron. He has no original thoughts. Everything that comes out of his mouth is the DLC party line, except for the outright lies : those are his alone. He brags about "Writing legislation" which was passed...and when you look up the bill he's bragging about (hard to do, since he also gets the names of the bills wrong) he isn't even listed as a sponsor.
He's a smoke and mirror creation of the Democrat Propaganda Machine. No wonder CNN interviews him so much.