Thread: No further proof needed-Pelosi is biggest libidiot on planet

Saturday, December 15, 2007
What the Speaker of the House has in store for US!



(If you want to cut to the chase, skip down to the last paragraph~ this woman is a nut case!)

House Speaker Nancy Pelosi wants to put a Windfall Tax on all stock market profits (including Retirement funds , 401Ks and Mutual Funds - all to help the 12 million illegal immigrants and other unemployed minorities!

Boy, are we in trouble... This woman is frightening. Take special note of the last paragraph. Is she really this whacked out?

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 create 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 m utual funds, retirement funds, 401Ks, 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 and minorities in our county? 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 income tax payers off the rolls and increase government income substantially." We need to work toward the goal of equalizing income in our country and at the same ti m e 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.'"
http://theamericanjingoist.blogspot.com ... e-for.html

That's right. In case you can't believe what you just read, let me phrase it a slightly different way;
Madam speaker Nancy Pelosi wants to put a windfall tax on all stock market profits (including retirement fund, 401Ks and mutual funds)! Alas, it is true - all to help the 12 million Illegal Immigrants and other unemployed minorities!

Originally Posted by zeezil

That's right. In case you can't believe what you just read, let me phrase it a slightly different way;
Madam speaker Nancy Pelosi wants to put a windfall tax on all stock market profits (including retirement fund, 401Ks and mutual funds)! Alas, it is true - all to help the 12 million Illegal Immigrants and other unemployed minorities!

And the US Chamber of Commerce President call US "Dumb as a box of rocks". I wonder what that makes him for helping to put and keep Pelosi in power!!

Shes one of them. What do you expect? They take care of their own.

This is unbelievable. This would not just hurt the rich, what about the millions of Americans that have worked hard for years putting away for their retirement. Everyone knows that we cannot depend on Social Security!

So our investments: stock market, 401k's, retirement funds, housing investments etc., were for nothing. Nobody except the elitest will be able to retire. People already retired depending on their retirement funds will have to go back to work to jobs already taken by the younger generation or have to take jobs that have been given to the illegal aliens. We will have to work until we die. So we will raise the standard of living of our poor, unemployed and minorities and lower the standard of living of our aging. Equalizing income in our country - isn't that called Communism?

She must be head of the hispanic communist democratic cacus.

All 12 million illegals must be registered to vote.

Wise men don't need advice. Fools won't take it.
Benjamin Franklin

If this was to pass, which I doubt, there would be a run on all of our financial markets. Everyone would be closing their 401k's before this went into effect. It would be better to pay a penalty and pay the current taxes (which is high as it is) than wait and pay 80% taxes. There would be no incentive to invest and save.

What a freakin Benidict Arnold! This is insanity at its worst. I wish this nut case would GO AWAY!

TREASON ( violation of allegiance towards one's country or sovereign)