• manaboulsi avatar manaboulsi Posted: 8/30/2011 10:47am PDT

    His name suits him very much.

  • fb_82100996 avatar Richard Posted: 8/30/2011 11:49am PDT

    1 out of 7 jobs in America is directly connected to the U.S. auto industry.

    That's a lot of jobs he would have sent down the crapper. But why should he care because he's super wealthy?

  • fb_1491948054 avatar Kurt Posted: 8/30/2011 12:20pm PDT

    @rich, you've hit the nail on the head. The wealthiest business owners should be the ones creating jobs, yet they're off-shoring positions as fast as they can to squeeze another few cents of profit out of a company (at the expense of the middle class, of course). We're rapidly heading for a two class society (rich and poor), if we're not there already.

  • fb_82100996 avatar Richard Posted: 8/30/2011 7:05pm PDT

    Thanks Kurt. The wealthy now pay the lowest percentage of taxes EVER in the history of this country. The rest of us poor suckers (the other 90%) keep getting broken promises and sound bites while we swirl the drain.

  • hi100 avatar hi100 Posted: 8/30/2011 2:36pm PDT

    Typical of the wealthy, help their friends on wall street and the heck with anything for the average citizen or the middle class.
    The Party of No, has the greedy principles.
    So much for the greedy theory of tax breaks for the wealthy, will create jobs. The tax breaks, the gutting of the Regulatory system and special laws for banks and financial caused the world economy to fail and the train wreck of the American enocomy. Cheney and Bush terms created this dystopia society were are suffering, today.
    History will put his and bush in the same class of the Hoover administration.
    His only regret is that he could have not done more damage to the middle class.

  • fb_745968657 avatar Duc Posted: 8/30/2011 10:14pm PDT

    The wealthiest 3% make about 25% of the income and pay roughly 40% of the taxes.
    The wealthiest 10% pay 70% of the taxes while making 40% of the income.
    Today, 51% of earners pay zero federal income tax with many actually receiving earned income credits - that number was only 18% back in 1986.

    This is pure income redistribution and welfare for the liberals to buy votes from the people they've indoctrinated into government dependency.

    When Obama took office in January of 2009, the federal debt was about $10 trillion, or roughly 70 percent of GDP. Today it's about $14.3 trillion, which is close to 100 percent of GDP. By the end of Obama's third year, the debt will have risen by about $5.5 trillion, or 55 percent.

  • fb_82100996 avatar Richard Posted: 8/31/2011 7:26am PDT

    You've failed to take into calculation how the wealthy get larger tax shelters and write-offs. Turth is, the wealthy in this country pay the lowest percentage of their income EVER in the history of this country.

    George W added over $7 trillion to the national debt. To date, Obama has added less than $2 trillion. Both parties are spending money we don't have but please don't erroneously attribute the problem entirely to Obama. Bush started 2 wars AND gave tax breaks--this doesn't make any sound economic sense.

    Previous generations knew they had to sacrifice if we went to war. The Bush folk just went to war twice and borrowed like mad.

  • fb_1510606196 avatar Carl Posted: 8/30/2011 10:17am PDT

    VP Cheney was more of a businessman than Bush. He and I would have let “nature take its course” – bankrupt the organizations and let other companies harvest the useful facilities and engineering/manufacturing staffs. But, many in DC felt the need to protect the UAW and ignore the workers.You must be logged in to post your comment.

  • cracovian avatar cracovian Posted: 8/31/2011 7:58am PDT

    This guy has a heart made of stone (or whatever the material they use to repair it these days)

    He'll fry in hell either way.