Republican Insanity !

[kentuck]

Bush asked for another $70 billion dollars for Iraq today. And at this very moment, the Republicans are voting on a $70 billion dollar taxcut?? Can you believe this shit. If we spend another $70 billion then we have to cut taxes by $70 billion to pay for it. I will make this prediction right now. If they pass this taxcut tonight, not only will we have a huge fallout in the stock market, but the economy will go in the dumps also. This is a very dumb and stupid thing to do at this critical time. These people are insane.

[leftofthedial]

1. insane? no

thieves? yes.

[jedr]

5. That's the plan;

Empty the Treasury, put the money in the hands of the chosen few, destroy all social programs, destroy the middle-class and turn them into a work force that can compete with third world labor. But ya get to keep your guns and there won't be any queers moving in next door and you better believe in God , because that's the only thing that might save you. The necon dream!!!!

[ladjf]

7. You have said a lot is just a few words. You have figured it out.

[Dees]

10. That's it pretty much in a nutshell.

You can't put Repugs in charge of money, budgets, outlays, etc. Their first reaction is to steal it. The next reaction is to piss it away as to make sure you damn well don't get any of it. What business officers would say...hell, we're going to be spending a lot more money this year. (war) Let's mke sure we cut revenues (taxes) first and bonus all the corporate officers.

[kentuck]

11. Yep...

Y'all have figured it out and it's damn depressing.

[DemoTex]

2. The war bill is approaching $400 billion.

IN-FUCKING-SANE.

[Skittles]

4. and they are gutting very much-needed social programs for it

it stinks

[punpirate]

3. Actually, the market will get a little bump because of it...

... in the short term, because of the perception that continued tax cuts for the wealthy will encourage investment in stocks, and continued war spending will prop up a long list of defense stocks.

In the long term, of course, it's more disaster in the making.

[kentuck]

6. In a real world, that would happen...

But I believe people will see this as the straw that broke the camel's back. I don't think we will see the usual lift that taxcuts can spark. Rather, I think the negative effect on the deficit will outweigh whatever good that might have come from a taxcut. But, I'm no economist.

[punpirate]

8. Well, I doubt you'll find anyone who says the stock market...

... functions solely on rational thought. The people with big money largely don't care about the debt created because they'll never have to pay it off in proportion to the degree they profit by it. Guess who loans that money to the government and draws interest from it, too? :eyes:

[spindrifter]

9. How much of the money is going to the band

of profiteers: H*burton and spawn, BlackH2o, the British security companies such as Aegis, Olive, Armour, and our new baby darling, QinetiQ? Every dollar they get is a dollar that is not going to Grandma and Grandpa and our disabled buddies and our nieces and nephews who wanted to go to college so they didn't have to work at W*mart.

[KingFlorez]

12. Do they care about reprecussions?

No, they lead recklessly and destroy everything they touch