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Nancy P; Spouts like Old Faithful
Topic Started: Apr 5 2007, 09:05 AM (312 Views)
Condor
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From my friend Retired Col. Ayres:

A sample of the mindless madness that masquerades as political discourse these days. What is she thinking?, Ted Kennedy has been saying the same thing for years. Are US voters so stupid? Apparently they are. This is the imbecilic speaker of the house. God help all of us and the country.

Distinguished Speaker of the US House of Representatives, Nancy Pelosi.

This is what happens when your only higher education is in Liberal Arts and you've never opened a book on business or economics. Even though it's California, HOW do these people get elected? Here's an individual who clearly doesn't understand what makes our present system work and wants to replace capitalism with socialism.

Ms. Pelosi is a new leader in Congress. As such, we should be very concerned and hope everyone reads this. It's hard to believe there are American citizens who support her theories on social revolution 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.
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Congresswoman Nancy Pelosi on the US economy and taxes:

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 creates 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 gets to the unemployed (Nancy, if a person is unemployed, how could they expect to benefit from trickle down economics?) and minorities in our country? 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 Tax taxpayers 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"."

If you think Nancy Pelosi's reasoning makes good sense, simply delete this message: but if you find her logic on economics, taxes and the stock market outrageous and disturbing, then please pass this message along.
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Toothless Dawg
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Condor,

You'll like this link about Pelosi once again inserting her foot in her big mouth.

Story Link
Quote:
 

HOUSE SPEAKER Nancy Pelosi (D-Calif.) offered an excellent demonstration yesterday of why members of Congress should not attempt to supplant the secretary of state when traveling abroad.


Surprisingly this was from the Washington Post ... their last words about Pelosi's trip?

Quote:
 
But Ms. Pelosi's attempt to establish a shadow presidency is not only counterproductive, it is foolish.
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Toothless Dawg
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Ali
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"What was she thinking" is right! This "Grandma" will not only settle for embarassing her children and grandchildren, she is intent on shaming an entire Nation! What a mistake.
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gobblerblaster
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You know I was trying my best to not ingage in any political conversation while on vacation but, I think this deal with Pelosi going to the middle east as an UNOFFICIAL envoy is the biggest crock of crap ever. She does not have the power to make official US policy she does not speak for the President she definitly can not speak for the Israelis (which she is trying to do and Ohlmert debunked her) Who does she think she is Queen of America. Silly question, of course she does. I think when she tries to return we ought to shoot her plane down or at the least deny it into US airspace and send her back to Syria. Ill guarentee you there are more people in that part of the world that like her than there is here.
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