DAVID POST SHOW: Debt ceiling, tax cuts, and Caps hockey
Sun Apr 17, 2011 11:46 AM EDT
David Gregory discusses the coming debt ceiling fight and Alan Greenspan's comments that the Bush tax cuts should expire for everyone. Plus, Caps hockey.
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As soon as I heard Greenspan talk I swithced off. Greenspan CREATED this mess we are in and as far as I am concerned, he has NO credibility.
Social security fund has surplus of 2.6 billion and any cuts to Medicare or Medicaid by the House and Senate who PUT US IN THIS SPOT will not be viewed favorably by the majority of voters. Don't any of you get it??? We are not going to allow the same losers who put us in debt dump our right to "entitlements" while defending the rich with their tax loopholes. GE paid no income tax....that's how we "share the pain??????" Give me a break!
David's braggadocious statement regarding that the "stcock market has been increasingly going up since Obama took over" while we have had rising unemployment and inflation indicates his vast ignorance of basic economics and just how dangerous and venomous this administration and the media is for our country.
David, the stock market and the U.S. dollar have an INVERSE relationship.....therefore, when the dollar is being devalued and worth less, the stock market will rise. As a journalist, if you are going to sensatinalize the fact that the stock market is rising underneath Obama's term, the least you should do is understand some basic facts regarding basic economics. Geez.
In regards to Greenspan, he is one of the main reasons the economy is in it's current state. If you want the truth and facts regarding the economy, watch this enlightening PBS documentary for free. You will be amazed.
The current topic congress is discussing includes where to make cuts. Except never, not once will they consider cuts on their perks or taking a little less in their pay checks or on their pension plan. I would like congress off their government medical insurance plan and on the same plan any average american is on (or can't afford!). Let them pay the premiums for health care we pay. Better yet, drop their pension plan and put them on Social Security. Just once can someone ask any member of congress to consider cuts that effect them: not always the people who least can afford them. How about getting rid of all Lobbiests: they should be illegal. Buying politicians: why isn't that illegal?