A TAX SURPLUS IS A MIRAGE -- Change the Tax Rates -- Abolish the Surplus !! Current Tax Rates provide the Surplus. Lower Tax Rates guarantee a Lower Surplus.....or None at All.
David Broder Says It all--Click Here ! (from the Reno Gazette-Journal, March 4, 2001)
Did anyone re-compute the Surplus Projections based on
Bush's Proposed Lower Tax Rates?
Bush is pushing the Tax Cuts for the
wealthy to burn up the surpluses;
The Y2K, GOP ruled House, with Democrat help, spent most of next year's surplus on PORK!!;
Banksters don't like the government redeeming bonds--they pay you 3% on deposits and get bond income at 6% with your money; If the Treasury doesn't sell DEBT-- BONDS--Banksters can't use that "License to Steal" from you;
Greenspan, with the facts, [his six rate increases, in 2000, killing prosperity,] staring him in the face,
refuses to lower interest rates-- the cost of borrowed money--until economic growth goes negative; he works for the BANKSTERS;
The higher cost of Money--interest rate increases--causes inflation; (Production Costs are Money and Labor--raising either causes
Inflation.)
Corporate Earnings are down due to the higher cost of Corporate Borrowing;
Greenspan's bosses, THE BANKSTERS, like to loan money for high interest returns; LOOK At THE Financial Stocks---they didn't dive like the rest of the Stock Market;
