Far Left of the Communists, we have re-distributionists. Those are the people who take earned wages from the ant and give them as unearned "benefits" to the grasshopper. EQUALITY is their watchword. But they go much too far because of their narrow vision. Equality to them also means that the modern culture of the West is not only not better than, but in fact inferior to the incipient cultures of the pre-speech Kalahari or the most backward civilizations of Africa. And as you will read in the text below, they actually believe that their mandate is to make the standard of living of the people who cannot and will not achieve, produce, or even try, equal to the standard of living of those whose work, planning, and risky gambles have been successful. In 1942 or 1943, Daddy Warbucks, Orphan Annie's mentor, answered Annie's objection to riches; she heard someone say that all wealth should be shared. He explained that people are what they are and many cannot be changed no matter what anyone does. It is not always a matter of training or education or even upbringing. He continued, that if all the world's money were taken from the rich alone, then shared equally with all the world's poor, within a year the "rich" would have it all back and the poor would again be poor. Not bad for a comic strip. Now Annie knows more about economics than Nancy Pelosi.HJS
A Glimpse into the Mind of Nancy Pelosi
*It is hard to believe there are American citizens who support her theories and can make any sense of what she spins. Take a good hard look at what she wants. Take special note of the last paragraph.*
Nancy Pelosi condemned the new record highs of the stock market as "just another example of Bush policies helping the rich get richer".
"First Bush cut taxes for the rich and the economy has rebounded with new record low unemployment rates, which only means wealthy employers are getting even wealthier at the expense of the underpaid working class".
She went on to say "Despite the billions of dollars being spent in Iraq our economy is still strong and government tax revenues are at all time highs. What this really means is that business is exploiting the war effort and working Americans, just to put money in their own pockets".
When questioned about recent stock market highs she responded "Only the rich benefit from these record highs. Working Americans, welfare recipients, the unemployed and minorities are not sharing in these obscene record highs". "There is no question these windfall profits and income created by the Bush administration need to be taxed at 100% rate and those dollars redistributed to the poor and working class".
"Profits from the stock market do not reward the hard work of our working class who, by their hard work, are responsible for generating these corporate profits that create stock market profits for the rich.
We in congress will need to address this issue to either tax these profits or to control the stock market to prevent this unearned income to flow to the rich."
When asked about the fact that over 80% of all Americans have investments in mutual funds, retirement funds, 401K's, and the stock market she replied "That may be true, but probably only 5% account for 90% of all these investment dollars. That's just more "trickle down" economics claiming that if a corporation is successful that everyone from the CEO to the floor sweeper benefit from higher wages and job security which is ridiculous". "How much of this 'trickle down' ever get to the unemployed and minorities in our county? None, and that's the tragedy of these stock market highs."
"We democrats are going to address this issue after the election when we take control of the congress. We will return to the 60% to 80% tax rates on the rich and we will be able to take at least 30% of all current lower Federal income ta x payers off the roles and increase government income substantially. We need to work toward the goal of equalizing income in our country and at the same time limiting the amount the rich can invest."
When asked how these new tax dollars would be spent, she replied "We need to raise the standard of living of our poor, unemployed, and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long ways to guarantee these people the standard of living they would like to have as 'Americans'."
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Pelosi Congress Sending You a $2,641 Bill
The average American family will have to pay an extra $2,641 a year if President Bush's 2003 tax cuts are allowed to expire -- but House Speaker Nancy Pelosi and her fellow Democrats have given no indication they plan to extend the cuts.
"The mugging will lift $3.3 trillion from purses and wallets because the 2003 cuts will begin expiring soon," Ernest Istook – a former Republican congressman from Oklahoma and a visiting fellow at the Heritage Foundation – writes in the Washington Post.
"The budget resolution moving through Congress is the blueprint for what's coming. Higher spending – by hundreds of billions – is the plan. Renewing tax cuts isn't."
Istook calls the expiration of the tax cuts in 2010 a "back-door tax increase" because the Democratic-controlled Congress doesn't have to act to usher in the increase – it simply needs to take no action to extend the cuts or make them permanent, "something the new majority says it won't do."
Last September, Democrat Charles Rangel of New York – who is now chairman of the tax-writing House Ways and Means Committee – said in an interview that he "cannot think of one" of Bush's first-term tax cuts that merit renewal.
In a January interview with John Browne, contributing editor of NewsMax's Financial Intelligence Report, Rangel was again asked about the tax cuts. He indicated he was open-minded about the issue, but was noncommittal, saying: "That's 2010. What happens in 2010, happens in 2010, depending on what the economy looks like … what the budget looks like…
"I for one just don't see how you can give tax cuts to the rich and just come to the Congress and ask them to put young people in harm's way and give tax cuts to the rich."
The tax cuts have not substantially reduced current tax revenues, according to a Heritage Foundation report in January, and economic growth rates have more than doubled since the 2003 cuts.
But if the tax cuts are allowed to expire, the federal government will grab more than 1.5 percent of GDP a year in extra tax revenue by 2017, according to the Congressional Budget Office.
Without the cuts, "personal and business income tax rates will climb," Istook writes.
"Capital gains taxes will go up. The death tax will have new life. The marriage penalty will once more punish husbands and wives. Child tax credits won't continue. And the alternative minimum tax will hit more and more middle-income workers.
"The sneaky thing is that instead of voting to raise taxes and going on the record … Congress won't have to do a thing. "Taxpayers should keep their eyes focused on their own pockets. They're about to get picked."
As a dissident Democrat (see www.Jzeifman) I believe that House Speaker Pelosi should be forced to resign for violating her duties under the Constitution and the House Rules Manual.
In short, in dealing with the President of Syria, a terrorist state, she has infringed on President Bush’s exclusive powers as our Commander in Chief. She has also persistently abused her powers by fostering what Thomas Jefferson denounced as “Tyranny of the Majority” -- and has also violated the rules of the House by failing to preside with “decorum” “civility” and “comity”(an 18th Century word meaning mutual respect.
In the case of former Democratic Speaker Jim Wright he was forced to resign from office in 1989 as a result of wide spread public outcry against his fierce partisanship that was generated by the proceedings of the House Ethics Committee that investigated his political history -- including his secret negotiations with President Arias of Costa Rica.
Under today’s House Rules such an investigation can be launched by petitions filed by House Members.
In my view, Republicans, Democrats, and Independents alike should contact their Representatives in Congress and urge each of them to file such a petition.
There seems to be quite a bit of concern over whether these responses really happened. To whom did Sen. Pelosi make these responses?
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