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Indy708

03/16/01 12:54 AM

#1397 RE: Meme #1395

Re: Meme/Think Republican congress heyday

"Geez Louise, they can't wait to pay back their biggest donors! Have you heard about the bankruptcy law they're rushing through Congress?"

The interesting thing is that they let the bankers write the law. When cornered about it Phil Grahm said " Who better to write banking laws than someone who really understands the industry, a banker.". What a phucking joke.

Will someone please explain to me how the proposed tax cuts are supposed to heal our ailing economy? We have a ten trillion dollar economy that is ailing NOW. If I understand the proposed cuts correctly only 6 billion dollars are going back into the economy this year. Two thirds of the 1.3 trillion dollar cut won't even go into effect till after 5 years. Why don't they beef up the front end NOW and see if they can heal the economy up enough to substantiate the projections required to maintain the back end 5 to 10 years down the road? Sheeit, Homer. Talk about fuzzy phucking math.
At the risk of being redundant, "they are selling the skin before they've killed the bear" again.

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Think_Alternative

03/21/01 4:23 AM

#1460 RE: Meme #1395

Re: Meme-Think - Why the Repub Congress is having an absolute friggin' heyday!

Geez Louise, they can't wait to pay back their biggest donors! Have you heard about the bankruptcy law they're rushing through Congress?

Moves the old credit card companies up on the pay back list. And we all know what good companies they are in the way they treat the consumer.


This makes me remember the late 80's, early 90's when I was way in debt and flat broke and working 3 jobs at 70 hours per week waiting tables and crap to get out of debt. On the one hand, this will cause more suffering for probably millions of people who are in enormous debt now and will not be able to go the bankruptcy route, but on the other hand if you borrow money, you should pay it back eventually. So, while it is a political payback by both parties for their "contributions" from "donors", some people do take advantage of bankruptcy and the companies absorb the cost which is then passed on to us who pay our bills. Debt sucks.