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Kudos to Republican Study Committee for bailout alternative

Started by cordblomquist · 9 months ago

Those of us (and CEI is among the “us”!) who oppose Treasury Secretary Henry Paulson’s $700 billion bailout of Wall Street have been challenged to come up with an alternative to stop the credit contagion. The Republican Study Comittee, a caucus of pro-ma ... Continue reading »

2 comments

  • Jarl Osbiorn

    9 months ago

    "It would suspend capital gains taxes to put trillions of dollars of capital in the economy, and set Fannie Mae and Freddie Mac, which as CEI has documented were at the root of this crisis, on the road to full privatization."

    This is your answer to everyting: cut taxes and privatize. I say F*ck it with the PG-rated plans. Let's just go full-bore right now and carry your ideas to their logical conclusion: Corporate Feudalism. It's just like feudalism of old, except that instead of the landed gentry or local lord, we have corporations fulfilling that role. We can still call them "employees" but they'll really be serfs in all but name. We can put four year olds back to work scrubbing floors and get rid of all those pesky safety regulations. And who could live without air so thick with pollution that people have to wear masks to breathe? Or water that even Mexican burros wouldn't risk drinking? Hey, at least there'd be free trade!

    Man, it's really a shame this whole regulation thing is such a scam.
    reply
  • Kevin

    9 months ago

    "Let's just go full-bore right now and carry your ideas to their logical conclusion: Corporate Feudalism."

    Funny how every other country that has a lower corporate tax rate than us hasn't evolved into "Corporate Feudalism".
    reply

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